Nifty formed a Doji candle on the daily chart on Tuesday with a shadow equal on both sides after the gap up, indicating indecisiveness in the index. The index was…
A reasonable negative candle was formed on Nifty’s daily chart on Monday with a minor upper shadow. Technically, this pattern indicates an attempt at a downside breakout of immediate supports…
The domestic benchmark index Nifty opened on a marginally negative note on Friday, witnessed buying interest in the first half but the later half witnessed heavy profit booking and settled…
On the daily chart, the Nifty index on Thursday displayed follow-up buying after the previous session's bounce from lower levels but struggled to sustain higher levels. This pattern suggests that…
Nifty on the weekly chart formed a small bullish candle with minor upper and lower shadows on Friday. Technically, this weekly market action signals the formation of a Doji candle…
A small red candle was formed on the daily chart of Nifty on Wednesday, with minor upper and lower shadows. This market action usually signals a choppy movement in the…
Nifty formed a small positive candle on the daily chart on Tuesday with a gap-up opening and a long upper shadow. Technically, this indicates an upside bounce in the market…
The Nifty formed an Inside Bar candle on the daily chart on Tuesday, closing near the 23,700 mark. However, market sentiment remains cautious. A breach below the 23,600 level could…
As the Nifty 50 index closed below the crucial 200-DEMA on Monday, technical indicators present a mixed outlook for the market. The Relative Strength Index (RSI) currently stands at 40.7…
Nifty, on Monday, formed a reasonable negative candle on the daily chart with an upper shadow. Technically, this market action indicates an attempt for a downside breakout of the range…