Nifty Ends 8-Week Loss but Stays Below Key 200-Week Average
The Nifty index ended its eight-week losing streak but remains below the critical 200-week moving average of 22,627. Weekly market outlook suggests a possible technical rebound supported by positive divergences on daily charts, though momentum is still weak. Investors are advised to monitor key support and resistance levels, sector rotation trends, and a sustained move above the long-term average before becoming more bullish.
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