“Dollar index monthly chart shows completion of harmonic pattern which is bearish in nature. The minimum target of 89 opens up till the time index trades below 110. Bearish observations on the dollar index support our bullish view on emerging equity for the next few months,” says Edelweiss Broking’s research head Vinay Khattar.
A break above 18600 could take Nifty to fresh highs: Kunal Shah
Analysts anticipate that bulls will regain control in the Indian equity markets once the Nifty index breaks above 18,600 on a closing basis. The breakthrough
June 3, 2023