Benchmark Nifty 50 index crossed 10 days EMA for the first time since the start of this downtrend, which is a sign of bullish trend reversal. Next resistance for the Nifty is seen in the band of ...
A 300-point drop after hitting an intraday high of 24,503.35 may not have pleased the Nifty bulls, who are now positioning themselves for the outcome from the US Federal Reserve's policy decision.
According to Ameya Ranadive, Chartered Market Technician, CFTe, and Senior Technical Analyst at StoxBox, the benchmark index “experienced a muted opening but quickly succumbed to selling pressure, ...