Headline equity index Nifty today formed a bearish candle on the daily charts, indicating indecisiveness between the bulls and bears. The index has been forming higher highs – higher lows from the last two sessions. “Now, it has to hold above 18,300 zones, for an up move towards 18,500 then 18,600 zones whereas supports are … Read more
NEW DELHI: Nifty50 on Monday formed a bearish candle on the daily chart with an upper wick, suggesting selling at higher levels. During the day, the index tested the 16,400 level. This is the level where the index had faced resistance in the last two weeks, said analysts who believe the index may be in … Read more
NEW DELHI: NSE Nifty50 index succumbed to selling pressure, forming another bearish candle on the daily charts on Wednesday, deepening the worries of stock market bulls. The index opened at 17,939.35 and hit a high of 18,022.65 before plunging to the day’s low of 17,879.25. Eventually, the index ended the session at 17,898.65, down 100.55 … Read more