Is range-bound trade set to continue for Nifty this week?
Nifty ended the week with gains as it bounced back from the key support levels of around 24,400, but it could struggle to cross the threshold of 25,000. Analysts caution…
2 top stock recommendations from Rajesh Bhosale
"We saw Nifty break below the key support level of 24,500, which has been acting as a strong base since May. So, crossing back above 24,500 will be crucial because…
2 top stock recommendations from Sneha Seth
"As far as supports are concerned for Nifty, I believe there is a support around 22,200 followed by 22,000 which is the support zone for Nifty," says Sneha Seth, Angel…
Tech view: Bullish reversal on Nifty hinges on sustained breakout. How to trade tomorrow
On the daily chart, the Nifty index formed a strong bearish engulfing candle, reflecting significant selling pressure from higher levels following a gap-up opening. This pattern indicates the potential for…
Tech view: Lack of strength limits Nifty’s breakout potential, key support at 23,150. How to trade on Friday
The negative pattern like lower tops and bottoms is still intact in Nifty charts and further upside bounce with a lack of strength could probably confirm the lower top reversal…
Tech View: Nifty reclaims 21 DEMA, forms green candle. What should traders do on Monday?
Indian headline indices closed in the green on Friday aided by pharma and auto stocks. While Nifty finished at 24,131.10, gaining 216.95 points or 0.91%, the 30-stock S&P BSE Sensex…