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Tech View: Sensex, Nifty see volatile sessions, but trend remains positive

Markets have remained volatile over the past few sessions, mainly owing to stock-specific actions with respect to quarterly numbers, Budget proposals and coronavirus outbreak on the global front.  Here's a look at how frontline indices S&P BSE Sensex and Nifty, and other major indices look on the technical charts -  NIFTY 50: In the recent past, the index has broken major support levels with aggressive selling pressure. However, it could manage to hold the losing momentum around 200-day moving average (DMA) placed at 11,655 levels on the closing basis. The reversal havin.....

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