Since the last Monetary Policy Committee meeting in June, facts have changed thick and fast. Do the economists on the MPC take a leaf out of Keynes or latch on to central bankers’ catchphrase during uncertain times – ‘data dependent’?
Tech view: Lack of strength limits Nifty’s breakout potential, key support at 23,150. How to trade on Friday
Nifty’s short-term trend remains positive, but lacks strength for significant breakouts. Key resistance levels are at 23,400-23,450, while immediate support is at 23,150. Analysts suggest
January 16, 2025