Dalal Street Week Ahead: Avoid aggressive long positions; focus on capital preservation
The markets traded under sustained pressure through the week, exhibiting a clear downward bias and ending on a negative note. The Nifty oscillated in a wide intra-week range of 994 points, moving between 23,465.35 and 22,471.25 before settling near the lower end of the range.Volatility surged further; the India VIX, which had already risen sharply…