Given very strong up move in base #metals , #Hindalco stock is at very important juncture & near resistance
Once sustains above 520 it may see swift move towards 585 or higher
RSI & Macd steady with bullish bias but lacks momentum #Nifty #stocks
Not trading call, academic post
More from Techno Prince
Just after #USA CPI data came higher than expected , #DollarIndex broke out , Sustaining above 103, it can rise towards 104.7 based on rounding bottom breakout
Bad for equities
#DowJones #Nifty #NASDAQ https://t.co/llt2Mxzg3z
Bad for equities
#DowJones #Nifty #NASDAQ https://t.co/llt2Mxzg3z
#USA May inflation data came 8.6% yoy vs consensus expectations of 8.3% yoy , Core inflation at 6.0% yoy, vs consensus expectations of 5.9% yoy
— Techno Prince (@Trader_souradep) June 10, 2022
Quite a headache for #Fed
Positive for #Dollar #USD
Negative in general for equities #DowJones #Nasdaq #ES_F #Nifty #BankNifty pic.twitter.com/QnpqY9R8OO
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