By Rohan Patil Since April 5, the Nifty 50 is trading in a lower high lower low formation and whenever prices retrace near its 21-day exponential moving average which is placed at 15880 levels we find a strong resistance and the price drifts lower after. On the weekly chart, the Nifty is forming a lower […]
As the end of the financial year approaches, Indian share markets continue to trade deep in the red, with Nifty even slipping below the psychological support level of 17,000 this week. However, experts say that the current correction is an ideal time to accumulate stocks for the long-term at reasonable valuations, despite the geopolitical tensions, […]