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
2 hours ago By Jon Ironmonger, BBC Investigations, Northamptonshire Getty Images A huge amount of Full Support Healthcare PPE was found in the New Forest last year About £1.4bn worth of personal protective equipment (PPE) has been destroyed or written off in what is understood to be the most wasteful government deal of the pandemic. Figures obtained … Read more
New Delhi: Last year, Google-owned YouTube announced partnership and product updates to support wellbeing and mental health of teens on the platform. It is now rolling out those features, which include limiting the recommendation of videos that could be negative if watched repeatedly, in more countries. James Beser, director, product management, recently spoke about how … 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
Janata Dal (United) National President and Bihar Chief Minister Nitish Kumar along with party leader K.C. Tyagi. File. | Photo Credit: PTI JDU Senior Leader K.C. Tyagi on June 6 said that his party had offered unconditional support to the Bharatiya Janata Party-led NDA but wanted the shortcomings in the ‘Agnipath’ scheme to the discussed … 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
Nifty formed a long-legged Doji candle on the daily charts to breach a 5-day losing streak, ending 42 points higher at 22,531. The 50-DMA is placed at around the 22,400 level, and a slip below this level could shift the test to the 22,300-22,260 zone. However, crossing 22,660 could resume the bullish trend, Om Mehra … Read more
“We have seen a profit booking decline in last four-five trading session and supports are slightly shifting lower. However, we are at 23-24 VIX, so wild swing of 200-300 points intraday cannot be ruled out,” says Chandan Taparia, Motilal Oswal.What is the positioning right now? From last hour of trade yesterday, which saw panic, we … Read more
Nifty on Wednesday ended 183 points lower near the 22,700 level as the index formed a dark cloud cover candlestick pattern on the daily chart. Support for Nifty is now seen at 22,675-700 and 22,500 levels. On the higher side, the immediate resistance zone is at 22,825-850 levels and the next psychological resistance is at … Read more