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Tech View: Nifty50 takes out 18K, but strength missing – Heemang Parmar

[ad_1] Nifty50 on Tuesday climbed for the fourth straight day and, in the process, took out the 18,000 level on a closing basis, the first time since April 4. The 50-pack index, which is trading above its key short and long-term averages, formed a small bullish candle on the daily Read more…

By Heemang, 3 years ago
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nifty outlook: Tech View: Nifty forms bullish candle for 2nd week, but analysts see weakness ahead – Heemang Parmar

[ad_1] Nifty50 on Friday ended the week above 17,800 for the first time since January. However, the 50-pack index failed to hold on to opening gains and settled the session forming a bearish candle on the daily scale. On the weekly scale, the NSE barometer formed a bullish candle for Read more…

By Heemang, 3 years ago
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nifty50: Tech View: Nifty50 forms a bullish candle; it’s a buy on dips market, say analysts – Heemang Parmar

[ad_1] The Nifty50 on Monday ended higher after two days of fall. The index formed a bullish candle on the daily chart and stayed in a broader range. Analysts said the index faces resistance at 17,780-800 a breach of which can attract buying. They see immediate support at 17,500. It’s Read more…

By Heemang, 3 years ago
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Tech View: Nifty50 may consolidate in broader 17,300-800 range – Heemang Parmar

[ad_1] The Nifty50 on Friday formed a double Inside Bar pattern on the daily scale, reflecting indecision. On the weekly scale, the index formed a bullish candle with an upper wick, reflecting selling at highs. Analysts said the index might keep trading in a consolidation phase unless it breaches 17,300-800 Read more…

By Heemang, 3 years ago
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August made equity investors richer by Rs 13.66 lakh crore. Will India continue to outperform? – Heemang Parmar

[ad_1] While the headline index Nifty gained 3.4 per cent in August, the total market capitalization of BSE-listed companies increased to Rs 280.24 lakh crore during the month. As a result, Dalal Street investors turned richer by Rs 13.66 lakh crore in August. In July-end, the total market capitalization of Read more…

By Heemang, 3 years ago

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