Technical analyst Sudarshan Sukhani expects volatility to rule the roost in a choppy market this week. "We are slowly reaching a point where resistance becomes stronger and stronger. My view is that sooner or later we'll probably, not just a consolidation, but also a downward correction of the Nifty at which point the buying would of course become excellent and would be justified," he told CNBC-TV18 in an interview.
He advises traders to take only intra-day short-term trades.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
