[ad_1] Besides forming lower highs and lower lows on the hourly charts, Nifty today formed a tall bearish candle on the daily charts as it revisited mid-October levels. Now, till it remains below 17250 zones, weakness could continue towards the next psychological support of 17000-16800 levels, while on the upside Read more…
[ad_1] As Nifty failed to end above the 18,000-mark for four days in a row, the headline index formed a Doji candle on the weekly charts. A tug-of-war was visible between bulls and bears throughout the week as wicks of the candle were of equal size on both ends indicating Read more…
[ad_1] Headline equity index Nifty formed a bearish candle with a longer shadow, indicating support-based buying on weekly F&O expiry day. The index has formed bearish candles for three consecutive days. Now, till it holds below 17,950 zones, weakness could be seen towards 17,777 then 17,700 zones, whereas hurdles are Read more…
[ad_1] After making lower highs for the last three sessions, Nifty formed a bearish candle and an Inside Bar on the weekly charts. Now, till it holds below 17,950, weakness could be seen towards 17,777 and 17,650 zones whereas hurdles are placed at 17,950 and 18,081 zones, said Chandan of Read more…
[ad_1] Indicating a sell-on-rise mood in the market, the headline equity index Nifty on Friday formed a bearish candle with a long upper shadow on the daily chart. Now till it holds below 18350, weakness could be seen towards 18081 and 18000 zones, whereas hurdles are placed at 18350 and 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] 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] 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…
[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…