Dead Cat Bounce Archives

Tech view: Nifty weakens but holds key support, relief rally possible above 23,200. How to trade tomorrow

Nifty opened on a flat to negative note, saw considerable selling pressure, and concluded the day on a negative note around 23,350 levels. The volatility index India Vix surged by …

Tech view: Sustenance of upmove in Nifty crucial for buying interest, resistance at 24,567. How to trade tomorrow

by Tudur Aled

The Nifty remained volatile during the day before closing with a meaningful gain after several days. On the downside, it sustained above the previous day’s low, indicating strength in buying. …

Tech view: Nifty breaks crucial support, may slide to 24,500 level. How to trade tomorrow

by Tudur Aled

A long bear candle was formed on Nifty’s daily chart, which indicates a continuation of steep downside momentum. The positive chart pattern like higher tops and bottoms on the daily …