The Nifty50 formed a Hammer-like candle on the daily charts, a bullish sign provided we see a follow-through in Tuesday’s session as well. A Hammer is formed after a price decline. It has a small real body and a long lower shadow. The Nifty50 opened higher, but bears pushed the index towards an intraday low of 17,429 before reversing the trend.
Trump’s new tariff threats show trade uncertainty here to stay
Hopes for easing trade tensions under Donald Trump were dashed as he threatened new tariffs on the EU and smartphones, causing market instability. Despite some