“The Nifty remained volatile during the day as the market participants adjusted positions according to the FOMC outcome. On the daily chart, Nifty formed a small-bodied candle with wicks on both sides, suggesting indecisiveness,” Rupak De, Senior Technical Analyst at LKP Securities, said.
200 DMA: Rs 1429.84| LTP: Rs 1406.3
Nifty is currently oscillating within a wide trading range, necessitating a breakout to gain notable momentum. Analysts are providing tailored strategies for traders facing this
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