This chart tells everything... Sentiment is bullish on extremes for 4 weeks on a row and these is a bearish configuration chart. I leave it to you analysis...
Week Ahead: NIFTY May Stay Tentative; Look For Stocks With Strong Relative
Strength
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The week that went by was in stark contrast to the week before that, as the
markets remained in an extremely narrow range before closing with modest
gains....
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