Nifty caught in tug-of-war, follow-through buying crucial this week

Nifty caught in tug-of-war, follow-through buying crucial this week

Nifty exhibited a robust recovery on the last trading day of the week, forming a Bullish Piercing candlestick pattern on the daily charts. This suggests a potential pause in the recent downtrend. However, a follow-through of buying is needed to confirm this reversal pattern. The index remains below its 10-day EMA, indicating that buyers are … Read more

Tech view: Nifty shows signs of bounce back, in process to form double bottom. How to trade tomorrow

Tech view: Nifty shows signs of bounce back, in process to form double bottom. How to trade tomorrow

A long bull candle was formed on the daily chart, which indicates that the market is on the verge of showing an upside bounce. It was observed that Nifty is in the process of forming a double bottom type pattern around 24,700 levels, which needs to be confirmed with more upside. The index closed below … Read more

Tech View: Nifty forms High Wave candle. What should traders do on Saturday

Tech View: Nifty forms High Wave candle. What should traders do on Saturday

Nifty on Friday ended 62 points higher to form a High Wave type of candle on the daily chart. The index recouped losses of its previous week and is now eyeing reclaiming the lifetime high zone. The short-term trend of Nifty is positive and the next upside levels to be watched are around 22,700-22,800 levels … Read more

Super App: Tata group bullish on predictive healthcare, teleconsultation – ET HealthWorld

Super App: Tata group bullish on predictive healthcare, teleconsultation – ET HealthWorld

With the ambition of launching a Super App, the Tata group is betting big on the healthcare segment through Tata Health, which provides teleconsultation services and, in the future, aims to predict non-communicable diseases before onset for its users. Tata has acquired majority stake in online pharmacy 1mg, which has been integrated as a pharmacy … Read more