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retracement

A reversal in the movement of a stock's price counter to the prevailing trend.

News On retracement
8500 on Nifty crucial if breakout is to sustain: LKP  

22-05-2015| Source:CNBC-TV18

In an interview with CNBC-TV18, Kunal Bothra of LKP Securities said the market has retraced more than half of its losses when it declined from 8,800 to sub 8,000 during the recent correction.

8000 to 8400 bounceback done, market reaches crossroad  

18-05-2015| Source:CNBC-TV18

With the Nifty retracing about half of its decline from 8,800 levels to 8,000 in the past two months, analysts have been pondering over whether the recent bounceback from has further room to go.

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