Tech View: Nifty forms Bullish Harami pattern on the daily timeframe. How to trade on Tuesday
Monday’s market activity indicates that weak GDP data had already been factored in, with traders now shifting their attention to the RBI’s upcoming monetary policy decision and potential rate action later this week, according to Gaurav Garg, Research Analyst at Lemonn. While a pause on rate cuts is broadly expected due to inflation concerns, he noted that the policy guidance is likely to take centre stage for market participants.
