Nifty ending the day positively today. FOMC minutes and US CPI numbers are due after market closing. What could go wrong?
Bank nifty is out of wedge pattern but faces strong supply ahead Looks like it will reverse and retest the wedge support
Bitcoin has completed head and shoulder on daily timeframe . Currently consolidating above the H&S pattern for about three weeks. Time to breakout or breakout failure.
Nifty is consolidating and is forming a continuation H&S on weekly. However with current macro situation and uncertainty, its unlikely to complete and breakout. Therefore a break below the shoulder level support of 16800 is crucial
Reserve Bank of India has conveyed to the market that they are close to the end of rate hiking cycle. India has not increased rates as much as FED or most of other DM central banks Indian rupee is close to end of consolidation above the long term wedge. Is it going to lose more value and reach towards 88? #Nifty #Banknifty #USDINR #Rupee