By Rajesh Palviya On the weekly chart the index has formed a “Doji” candlestick formation indicating indecisiveness amongst market participants regarding the direction. The index is moving in a Lower Top and Lower Bottom formation on the daily chart indicating negative bias. The chart pattern suggests that if Nifty crosses and sustains above 17550 level […]
The year 2023 has been better on the economic front for India than envisaged at its dawn. The Reserve Bank of India (RBI) has recently raised its forecast of the real GDP expansion for FY24 to 7% from 6.5% (this implies the same rate of year-on-year growth in calendar year 2023). It has also started […]
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