The weekly price action formed a high wave candle, indicating elevated volatility in Nifty 50 as profit booking emerged after approaching the psychological mark 15000. Image: Reuters By Dharmesh Shah Nifty Outlook The week that was… Related News Equity benchmarks snapped past three weeks decline and concluded the week at 14631, up 2%. Broader markets
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The intraday chart suggest correction wave likely to continue if the Nifty/ Sensex succeed to trade below 14400/48100. Image: Reuters By Shrikant Chouhan The market registered an extremely volatile session, the Nifty/ Sensex closed 63/243 points lower. The Nifty/ Sensex failed to sustain above the 14500/48400 resistance mark and due to consistent selling pressure at