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Tech View: Nifty50 forms a Hammer-like candle; what should traders do on Tuesday? – Heemang Parmar

[ad_1] The Nifty50 recouped intraday losses to close above 17,600 levels on Monday, suggesting that bulls are not ready to give up. The S&P BSE Sensex rallied more than 300 points to close above 59,000. The Nifty50 formed a Hammer-like candle on the daily charts, a bullish sign provided we Read more…

By Heemang, 3 years ago
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Tech View: Nifty50 forms a bearish candle; what should investors do on Friday? – Heemang Parmar

[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…

By Heemang, 3 years ago
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Tech View: Nifty50 recoups losses, forms bullish candle to reclaim 18K; what should investors do on Thursday? – Heemang Parmar

[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…

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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