NIFTY Index Chart Analysis
RBI's Bold Cut Powers Nifty Breakout: All Eyes on the 25,350 Level
The Nifty 50 benchmark index had been awaiting a major trigger to break out of its consolidation phase, which had been confined within the range of the sizable bullish candle formed on May 15. That much-needed trigger finally came in the form of the RBI’s monetary policy announcement.