After failing to hold above 26,000 last week, analysts expect Nifty to remain range-bound, with traders likely to stay cautious. Support is seen at 25,300 and 25,100, below which further downside may emerge, while resistance lies in the 25,700–26,000 zone, where volatility could persist. RUCHIT JAIN VICE PRESIDENT, MOTILAL OSWAL FINANCIAL SERVICES Where is Nifty…
The markets witnessed a corrective move in a volatile week while ending lower. Nifty trended lower throughout the week and ended on a negative note. The index oscillated in a wide intra-week range of 733 points as it moved between 25,653 and 24,919. India VIX surged sharply by 24.80% to 14.19, indicating a sudden spike…
The markets saw a week of mild corrective movement as Nifty traded in a slightly downward-biased consolidation phase and ended the week on a negative note. The index oscillated in a 485-point range, between 26,178.70 and 25,693.25. Despite a supportive backdrop from the Fed with a 0.25% rate cut, and breadth deterioration pausing, the index…
Every trader wants to understand what moves a currency because this knowledge drives better decisions. When you understand what moves a currency, you can predict market reactions and avoid emotional trades. You can also build stronger strategies by watching the macro catalysts in forex that shape every major trend. Beginners often believe charts move randomly….
A little piece about markets, traders, Easter, margins, and chocolatey chicks. Even during the holidays, crypto ticks on, but sometimes it’s okay to hedge your bets with ham and hugs. ‘Twas Good Friday morning, the markets were still, No Nasdaq was moving, no late-breaking thrill. The tickers were silent, the candles unlit, Just Bloomberg asleep…
In the ever-evolving landscape of trading, understanding “how does MQL5 signals work” becomes essential for both novice and seasoned traders alike. This innovative platform not only offers a diverse array of trading signals, but it also creates opportunities for users to mimic the strategies of experienced professionals. By exploring “how does MQL5 signals work,” traders…
In the vibrant world of trading and investing, having the right tools is essential for success. The best risk to reward ratio indicator MT4 serves as a key asset for traders looking to optimize their strategies and enhance profitability. This powerful indicator simplifies the process of evaluating potential returns against the risks involved, allowing you…
What Does Data Dependent Central Bank Policy Mean for Trading? – Forex Forum September 19, 2024 /Posted byGVI Forex / 144 / Source link
August 23, 2024August 23, 2024 According to the Global Trade Research Initiative (GTRI), the United States became India’s primary trading partner in the first half (H1) of this year. At the same time, India experienced its largest trade deficit of USD 41.6 billion with China during this period. The GTRI…
Greed has overcome fear on Wall Street — and the market cataclysm that shook up the world in recent weeks may well prove a mere blip on long-term price charts. Yet the summer rout will also go down as a particularly extreme example of a trend that’s shaped modern finance for years now: Increasingly frequent…