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Weekly_Technical_Report030826

Published on 4th August 2026
Technology

NIFTY extended its winning streak to a fifth consecutive session, as buyers successfully recouped all the losses from the previous week. The week began on a buoyant note, with the index opening on a notable gap-up. Thereafter, buyers maintained firm control, steadily pushing prices, albeit at a measured pace. By the end of the week, the index had climbed to its highest level in the past twenty weeks, reflecting sustained buying interest and improving market sentiment, buyers managed to secure a strong weekly close at 24383, with the index ending the week higher by 2.59%.

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