In today’s briefing:
- EQD | Is the NIFTY’s Rally Halting?
![](http://www.smartkarma.com/assets/plugins/a3-lazy-load/assets/images/lazy_placeholder.gif)
EQD | Is the NIFTY’s Rally Halting?
- The NIFTY Index has been rallying for months, but in the last few weeks there has been a considerable slow down in its rising pace.
- Currently the index is at a point where it could pull back this coming week, based on our MRM patterns reading.
- A possible alternative scenario would be a continuation of the rally for a total of 4-5 weeks up in a row.