Onion prices in India are anticipated to decrease further due to the arrival of the new kharif crop. The government has been selling onions from its buffer stock at subsidized rates to combat recent price increases. Over 4,850 tonnes of onions have been transported via railway to major cities, including Delhi, to enhance supply and stabilize prices.
Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday
Nifty crossed the 200-Day Simple Moving Average (23,860) but couldn’t sustain, forming a Doji candle on the daily chart. The weekly chart shows an inside