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Daily_Technical_Report_240826

Published on 24th August 2026
Technology

It was another disappointing week of trade for the bulls, as the index extended its losses for yet another week. The week began on a largely muted note, with prices opening slightly below the previous week’s close. However, selling pressure intensified over the following three sessions, resulting in the index retesting crucial support levels. A recovery during the penultimate session, aided by positive global cues, helped the index recoup some of its losses. However, a lackluster session on the final day resulted in a weekly close at 24252, with losses of 0.47%.

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