Markets cooled off from day’s high after testing the resistance of 16350 to end above 16250 and formed a Doji star on candlestick chart. The breadth of the market continues to remain negative by more than 1:2 as action remains specific to few large caps stocks. The 21-day historical volatility for Nifty 50, has been rising steadily in July and has moved higher from 6.86% to 11% recently. This...
