The Big Six of NIFTY 50
- HDFC Bank
- Kotak Bank
- INFY
- ITC
- Reliance
- TCS
Appear to be forming a base ( rounding bottom ) in higher time-frames.
It is a very interesting development as these heavyweights together have not been outperforming the broader market, for quite sometime.
This could be an early sign that momentum might be shifting towards large caps.
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