Nifty, Bank Nifty may slide further as short positions roll over, warns Rajesh Palviya
Equity markets are likely to remain under pressure in the near term as rollover trends and technical indicators signal further downside in both Nifty and Bank Nifty, according to Rajesh Palviya, Senior Vice President – Technical and Derivatives Research at Axis Securities. “So, looking at the overall structure it is on the weaker side only….