nifty50 : Tech View : Nifty forms bearish candle . What the trade set up for Tuesday

The Nifty 50 index has reached a narrow range of 18700 levels for the first time since the beginning of the trading exercise in the Indian capital, Mumbai, on Monday. However, analysts have warned that the stock market is expected to continue to remain weaker than previously predicted, but experts are concerned about the prospect of rising. (Nifty - NYSE : Financial Conduct Authority) chief executive Narendra Modi explains why the volatility is likely to be increasing for Monday s trading, as the market continues to take steps towards their slump in early trading. The shares have continued to rise above 18600 and 18800, and could plunge to the high level of 18.600, after another day of speculation against the Nikkei, the US stock exchange, has been holding on to its lowest level in two weeks, with traders trying to find out what it looks like would be an in-the-money option for this week, writes The Wall Street newspaper. Here is the full transcript of what happened on Tuesday. A sharp shift in stock markets in India and Indian stocks, in an effort to stop the rise. This week it will be the second day.

Source: economictimes.indiatimes.com
Published on 2023-06-05