A long bear candle was formed on the Nifty’s daily chart on Monday with a minor lower shadow. Technically, this candle pattern indicates a decisive downside breakout of the range …
Indian headline indices closed in the red on Thursday, registering their second successive decline. They were dragged by IT, FMCG and bank stocks. While Nifty finished at 24,205.35, going down …
Nifty closed lower on Wednesday after a two-day gain. A sell-off in the later half of the session erased the morning gains as the star performers of the previous two …
The Nifty gained 128 points on Tuesday to close at 24,467. It started on a weak note, but bounced back sharply from around the support zone of 24,150-200 and remained …
The Nifty formed a long bearish candle on the weekly chart on Friday. Technically, this suggests that the markets are likely to remain under pressure in the near term. However, …
A small positive candle was formed on the daily chart on Wednesday with an upper shadow. Technically, this formation indicates a type of bullish inverted hammer-type candle pattern, not a …
A small reasonable candle was formed on the daily chart on Monday with a minor lower shadow. Technically this pattern indicates a lack of strength in the market to show …
A small negative candle was formed on the daily chart with a minor upper shadow. Technically, this pattern reflects ongoing range-bound action in the market and the Nifty is currently …
A long bull candle was formed on Nifty’s daily chart, which indicates an attempt of an upside breakout of smaller range movement. Having moved within a broader high-low range of …
The Nifty witnessed an extremely volatile day of trade on Friday, witnessing sharp swings in both directions and closed in the red, merely sustaining above the 25k mark, but dropping …