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Should you sell on a rally or buy on dips? Here's what charts say

Domestic equity markets have been taking investors for a ride ever since the second wave of Covid-19 hit the country. India, on Thursday, reported a record single-day rise of 2,17,353 new coronavirus infections taking total tally to 14,291,917. This was the 10th straight day of reporting over one lakh virus cases. At the bourses, benchmark indices have come off record highs as concerns over derailment of economic recovery weigh on market mood. From a record peak of 52,517 and 15,432, the S&P BSE Sensex and the Nifty50 indices have corrected 7 per cent and 5.5 per cent, respectively. The .....

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