Nifty is stuck in a broader trading range of 21,710- 22,775 for the last 10 weeks, but the major trend is bullish, and every small decline is being brought. In last two weeks it drifted to 21,777 but witnessed decent recovery towards 22,625 zones. It formed a small-bodied high-wave candle with long shadows on a weekly scale, which indicates volatile swings in a narrow trading band.
Global crude oil prices may hit USD 120/barrel in short term, USD 150 if gulf war extends over a month: Kotak’s Chainwala
Crude oil prices may surge to USD 120 per barrel soon. Extended conflict in West Asia could push prices to USD 150. Supply disruptions in