If Nifty holds on to 17427 which is the 50 Weeks EMA there are chances that we may see an upswing and turnaround in market sentiments in the medium term we may see a rally which can take us close to All time high of 18887 or give us a new All-time high on Nifty which can be just above 19K levels. If the support levels are held we have a chance of Cup and Handle...
Market got a boost by the better than expected US Inflation numbers. Hoping that Federal Reserve US will either halt or milden their hawkish stance to control inflation Global markets have reacted positively. Indian market was no exception and rallied upwards. FIIs are also buying Indian equity again and Dollar index is getting weaker which can strengthen Indian...
