[ad_1] After making higher highs for the last three trading sessions, Nifty on Wednesday formed a long bear candle, indicating the inability of bulls to sustain the highs. “Now, it has to hold above 18,050-18,088 zones, for an up move towards 18,350 then 18,500 zones, whereas supports are placed at Read more…
[ad_1] Domestic headline equity index Nifty on Friday formed a bullish candle on the daily scale and a long bull candle on the weekly charts, indicating that the bulls may get stronger going forward. “Now, Nifty has to hold above 18,000 zones, for an up move towards 18,350, then 18,500 Read more…
[ad_1] Trading within a range of 18,000-18,200 for the last four days, headline index Nifty today formed a small positive candle on the daily chart with a minor upper shadow, indicating a buy-on-dips opportunity in the market at the highs. “Now, it has to hold above 18,000 zones, for an Read more…
[ad_1] Headline equity index Nifty today formed a bullish candle on the daily scale to end 225 points higher above the 18,000 zones. A higher bottom formation indicated the continuation of an uptrend in the near future. “Now, it has to hold above 18000 zones for an up move towards Read more…
[ad_1] While traders are busy debating over whether Sensex will rally another 2,700 points anytime this year to zoom past its all-time record high of 62,245.43 touched in the autumn of last year, long-term investors are doing back-of-the-envelope calculations on when will the index hit the magic 1-lakh mark. Earlier Read more…
[ad_1] NEW DELHI: The Nifty50 formed a long bearish candle on the daily charts on Thursday as the index ended with a loss of 40.5 points near the 16,800 mark on the monthly expiry day. Making lower highs and lower lows for the seventh consecutive day, the Nifty has faced Read more…
[ad_1] The US Fed jitters kept equity and currency markets on edge. The S&P BSE Sensex plunged more than 1,000 points while the Nifty50 broke below a crucial support at 17,400 and also briefly slipped below 50-DMA but then bounced back. The short-term moving average for the Nifty50 is at Read more…
[ad_1] Bears remained in control of the Nifty50 on Wednesday, pushing the index lower by nearly 100 points, but recovery in the second half of the session helped the index to close above 17,700 levels. The index made a small-bodied candle on the daily charts ahead of the US Federal Read more…
[ad_1] The Nifty failed to hold on to 18,000 levels on Thursday and closed with a bearish candle on the daily charts. This was the second consecutive day when Nifty50 closed in the red, but on Thursday, the closing level was lower than the opening one, which led to the Read more…
[ad_1] It was a roller coaster ride for traders as Nifty50 slipped below 17,800 in opening trade on Wednesday, following weak global cues but managed to recoup losses to close above 18,000, which is a positive sign. The Nifty50 formed a bullish candle for the third consecutive day. Supertrend indicator Read more…