Tech view: Nifty could slide to as low as 16,600 as trade setup remains bearish

“The overall structure suggests that the index is likely to stay on the downward trajectory for the short term and is expected to break the swing low of 16,824 and tumble towards 16,600 in the short term,” said Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas.

Tech view: Nifty could slide to as low as 16,600 as trade setup remains bearish
“The overall structure suggests that the index is likely to stay on the downward trajectory for the short term and is expected to break the swing low of 16,824 and tumble towards 16,600 in the short term,” said Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas.