Is the Nifty positioned for a Santa Claus rally in December?
The 200-point range continued on the Nifty 50 with the index failing to sustain above the 19,800 mark. Two good things that emerged from Tuesday’s session – One, the index may not be crossing 19,800 but is not capitulating under pressure either. The bulls are protecting the downside to the best they can. Second, the …