On the weekly chart, the Nifty 50 index formed a bearish candle last week and remained restricted within previous week’s High-Low range indicating lack of strength on either side. The index is moving in a Higher Top and Higher Bottom formation on the weekly chart indicating positive bias. The chart pattern suggests that if Nifty […]
Global shares turned higher on Tuesday, stemming a five-session rout after key US data met expectations and bolstered bets of a smaller interest rate hike by the Federal Reserve at its next meeting. Euro zone yields jumped amid a shifting rate outlook, with markets betting central banks would soften their policy stance as they assess […]
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