Sunday, September 27, 2020

Weakness in BankNifty, strength in dollar index won’t let market move higher; here#39;s why

Siddarth Bhamre As far as midcaps are concerned, there is a clear double top formation in CNXMIDCAP index which suggests near-term top. The same sort of formation took place in the month of February 2020.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/weaknessbanknifty-strengthdollar-index-won’t-let-market-move-higher-here39s-why_14312421.html

No comments:

Post a Comment

S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...