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    Nifty ends October series with an Inside Bar. What traders should do on Friday – Heemang Parmar

    [ad_1] As Nifty ended the monthly F&O expiry day 81 points higher, the headline index formed an Inside Bar on the daily scale. The hourly chart shows that the index is forming a distribution below the key Fibonacci retracement at 17,800 for the last couple of sessions, analysts said. After Read more…

    By Heemang, 7 months ago
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    nifty outlook: Tech View: Nifty could be forming strong base near 17,400. What investors should do on Friday – Heemang Parmar

    [ad_1] NEW DELHI: Headline equity index Nifty found support above the 17,400 zones for the third straight session, indicating the formation of a strong base. The index formed a bullish candle on the daily scale. Analysts said Nifty remains in a short-term uptrend as it has moved above the previous Read more…

    By Heemang, 7 months ago
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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, 9 months ago
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