Tech View: Nifty forms small green candle on weekly chart. What traders should do next
Nifty on Friday ended 85 points higher to form a green candle with a minor upper shadow on the daily chart. On the weekly scale, a small positive candle with …
Nifty on Friday ended 85 points higher to form a green candle with a minor upper shadow on the daily chart. On the weekly scale, a small positive candle with …
Nifty on Thursday ended 149 points higher to form an Inside Bar candle on the daily chart as it consolidated around the lower half of the previous session’s candle on …
Nifty on Thursday fell over 200 points to form a strong bearish candle on the daily chart, which might negate the intermediate bullish undertone. The short-term trend of Nifty seems …
Nifty on Friday ended 156 points higher to form a candle resembling bearish shooting star on the daily chart. The short-term uptrend status of Nifty remains intact. But, the overall …
Nifty on Friday ended 247 points higher to decisively break out of the 21,500-21,850 range on the upside. As long as the index is trading above 21,750, the breakout texture …
Indian benchmark indices scaled fresh record highs on Wednesday, amid a rally in IT and consumer stocks. On Tuesday, too, the indices had ended higher. The Futures Open Interest (OI) …
Nifty on Tuesday ended about 34 points higher to find support just above the 21-EMA on the hourly chart, prompting a strong recovery in the later part of the session. …
Suggesting a pause in the momentum, Nifty on Monday ended 38 points lower to form a Bullish Harami candle on the daily chart. The index made lower tops and also …
Nifty on Wednesday ended with a marginal gain of 20 points to form a Doji type candle on the daily charts. The upside recovery of Wednesday from the immediate supports …
Nifty on Friday ended 135 points higher in uncharted territory above 20,250-zone to form a reasonable positive candle on the daily chart. On the weekly chart, a long bull candle …