Mint Markets · Finance · 2026-09-07
Nifty’s technical setup weakens; 100-DMA key to recovery
The Nifty 50 extended its decline into a fourth straight week and ended below the previous week’s low. Trading activity also picked up, with the index recording its highest volume in five weeks. Since August 3, the Nifty has closed lower on most trading days. The immediate technical picture is unlikely to improve materially unless the index can reclaim and sustain above the 100-DMA.
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