[ad_1] Headline index Nifty today formed a small positive candle on the daily chart at the support of 18,550-18,500 levels but remained range-bound amid F&O weekly expiry. Analysts said positive chart patterns like higher tops and bottoms continued on the daily chart and the overall chart pattern signal positive bias Read more…
[ad_1] Benchmark equity indices pared most of their intraday losses helped by upbeat November services activity data and ended flat on Monday. The 30-share Sensex ended 34 points lower at 62,835, while its broader peer Nifty 50 ended at 18,700 level. In the Sensex pack, , , , Dr Reddys Read more…
[ad_1] Benchmark equity indices closed lower on Friday after 8 days of non-stop rally, as the spectre of recession came back to spook investors, who got busy securing profits ahead of US payrolls data in the anticipation of more cues on a shift in the Federal Reserve’s rate-hike plans. The Read more…
[ad_1] With Nifty scaling new peaks, a long bullish candlestick with a minor upper shadow was formed on the daily scale. This pattern indicates the continuation of the upside momentum in the market. The hourly and daily upper Bollinger Bands expanded along with price action, which assisted the bulls today. Read more…
[ad_1] Indian equity indices touched fresh all-time highs and closed higher for the sixth straight session on Tuesday, led by IT and FMCG stocks. The 30-share Sensex ended 177 points higher at 62,682, while its broader peer Nifty 50 ended above the 18,600 level after touching a new peak of Read more…
[ad_1] Headline equity index Nifty on Friday formed a small negative candle with a minor lower shadow on the daily charts and a bullish engulfing pattern on the weekly chart. Now, the index has to hold above 18,500 zone for an up move towards 18,600-18881, whereas supports are placed at Read more…
[ad_1] It was yet another fantastic day for the banking pack on Dalal Street, as the Nifty Bank index surpassed the 43000-point mark for the first time ever on Thursday and notched more than 4% gains in the November derivative series. This is the second straight series of gains for Read more…
[ad_1] Indicating support-based buying at the 18,200 zones, the headline index Nifty today made a bearish candle with a long lower shadow on the daily chart. The red candle was seen on the weekly chart as well, but no major sign of trend reversal was noticed. “Nifty has to hold Read more…
[ad_1] In tandem with weak global cues, key equity indices snapped 2-day gaining streak and ended lower on Thursday, led by HDFC twins and IT stocks. The 30-share Sensex ended 230 points lower at 61,750 while its broader peer Nifty 50 ended just above the 18,350 level. Among Sensex stocks, Read more…
[ad_1] Headline equity index Nifty today formed a bearish candle on the daily charts, indicating indecisiveness between the bulls and bears. The index has been forming higher highs – higher lows from the last two sessions. “Now, it has to hold above 18,300 zones, for an up move towards 18,500 Read more…