Commodities are usually considered to be in a cyclical industry, and investors who can jump in before an upcycle starts are well placed to make a profit. But the ones who enter in-between have a risky position as the cycle’s duration cannot be determined.
Tech View: Nifty forms doji candle; buy-on-dips suggested with 22,780 as key support. How to trade on Thursday
Tech view: Nifty has formed a double bottom pattern and a doji candle near key support levels. The 21-day simple moving average (DSMA) at 23,285