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
A small negative candle was formed on the Nifty daily chart with a long upper shadow. Technically, this market action signals rejection of bulls at the hurdles. Hence, this pattern could mean chances of further softness in the market. The short-term trend of Nifty is still positive, but the display of lack of strength in … Read more
Dr Ranga Reddy Burri, Chairperson of G-SPARC conference along with R Govind Hari, Co-Chair, addressing the media in Hyderabad on Monday. While COVID-19 had a clear beginning and an end, Antimicrobial Resistance (AMR) does not follow the same pattern, according to Dr. Ranga Reddy Burri, President of the Infection Control Academy of India. Speaking to … Read more
Nifty ended Tuesday’s session 21 points higher to form a Doji candle as 25,000 emerged as a strong hurdle. The short-term trend of Nifty continues to be choppy, but the near-term uptrend status remains intact. The overall chart pattern is signaling some more consolidation or minor dip in the next 1-2 sessions before bouncing back … Read more
Getty Images A swarm of mosquitoes, the insects that spread malaria when they drink blood Millions of lives are at risk unless urgent and radical action is taken to stop drug-resistant malaria spreading in Africa, scientists warn. Malaria parasites that can shrug off the effects of the critical drug artemisinin are now well-established in East … Read more
Nifty ended Wednesday session 147.5 points higher and formed a new peak at 23,889 level to form a long bull candle on the daily charts. Three such back to back candles indicate the formation of a ‘3 Advancing Soldiers‘ type pattern which signals upside continuation for the short term. The present upside momentum could find … Read more
Innominds, a U.S.-based digital transformation and product engineering company, in partnership with Hyderabad-based SCIINV Biosciences introduced AMRx, an advanced AI/ML-driven digital diagnostic tool designed to combat the growing threat of antimicrobial resistance (AMR). The tool would revolutionise the detection and treatment of antibiotic-resistant infections without the need for traditional cultures. It was a culture-free companion … Read more
Nifty on Thursday formed a Doji candle on daily chart, which indicates indecisiveness prevailing in the marketplace at current juncture. The short-term trend of Nifty continues to be positive amid high volatility. Having moved above the hurdle of 22,250 level (mid-part of Tuesday’s long bear candle) recently, Nifty could move towards the next upper hurdle … Read more
Nifty ended Tuesday’s session 6% lower at 21,884.50 to form a long bearish candle on the daily chart and also ended below short-term and medium-term averages. For traders now, 50-day SMA or 22,400/73,500 and 22,500/74,000 would be the key resistance areas while 21,600-21,300/71,000-70,200 would act as key intraday support zones. “We are of the view … Read more
Nifty ended Monday’s trading session 733 points higher with analysts saying that if the election results are better than expected on Tuesday the headline index can even cross the 24,000 mark. The bulls are in full control of the markets at the current juncture and are using every minor pullback to create long positions. Support … Read more