The Indian markets has briefly closed negative in 7 out 12 sessions on Budget-day, a report by Edelweiss Alternative Research said.
“The rally in the first half of January is held strong as index retraces by 78.60 per cent Fibonacci level. The more convincing is the bullish piercing candlestick pattern formed right at the Fibonacci level suggests the bulls are in control of trend,” Bhatia explained the technical levels of the markets.
Similarly.