The Nifty 50 chart on a 15-minute timeframe highlights key levels: resistance at 24,760 (green line) and support at 24,621 (orange line). Price consolidation is evident, with a red-circled area showing a false breakout, possibly influenced by today’s RBI policy announcement to keep the repo rate unchanged. This decision may have added to market volatility. The...
Waiting to cross the 1900 level. The RBI report may influence this movement. Will it rise above, or will it fall? I previously shared that HDFC Bank is breaking the box pattern, trading above 200 DMA, while taking double support at 100 DMA.
