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Markets
Charts indicate limited upside move
Investors chary of volatility, uncertainty
Money
Rupee snaps 3-day losing streak
Consolidation likely as leading indicators in overbought zone
Market still has steam as Put writers adding hefty OI
Delta variant scare may spur profit booking
Economy
Charts indicate no weakness on any time frame
Nifty may consolidate for some time
Sebi slaps Rs40 lakh fine on 8 entities
Need to pause, correct & regain momentum
Correction Time Ahead: Need to rebalance portfolios
Lower volume, lower volatility are major concerns