During the week gone by, Indian equities remained weak as the benchmark Nifty index ended with a net weekly loss of 267.90 points or 2.58 per cent. The week gone by was by far one of the weakest in the recent past. Media pack will continue to gather strength and may remain resilient in event of general Market weakness.Important Note: RRGTM charts show you the relative strength and momentum for a group of stocks. In the above chart, they show relative performance as against Nifty Index and should not be used directly as buy or sell signals. (Milan Vaishnav, CMT, MSTA is Consultant Technical Analyst at Gemstone Equity Research & Advisory Services, Vadodara.

Source: Economic Times December 02, 2017 05:26 UTC