Tag: Forms
As Nifty ended Friday’s session with a 1% loss, a bearish candle was formed with a long upper shadow on the daily chart. The weekly chart resembled a shooting …
Amid expiry day volatility, headline index Nifty on Thursday formed a long-legged Doji-type candle on the daily charts. Chart readers say such a pattern after reasonable weakness could be …
Rising above both the short-term and near-term moving averages, the headline equity index Nifty on Wednesday formed a green candle after two days of consolidation. Now, it needs to …
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 …
While the MACD indicator remains in a buy mode, the headline equity index Nifty formed a strong bearish candle and a bearish engulfing pattern on a daily scale, restricting …
The Nifty50 on Monday ended higher after two days of fall. The index formed a bullish candle on the daily chart and stayed in a broader range. Analysts said …
Synopsis To regain strength, the index needs to get past the 16,275 level, according to Mazhar Mohammad of Chartviewindia.in. “In that scenario, the pullback swing can further expand towards …
A bearish candle with upper and lower shadow signals a formation of a high wave type candle pattern, which reflects high volatility in the market. “Normally, a formation of …
Synopsis The small body of negative candle after the gap up opening signalled reluctance of the market to conquer further highs after the sharp positive opening, said Nagaraj Shetti, …
Nifty50 on Tuesday ended marginally higher and formed a small bullish candle on the daily chart. Analysts said a positive close after a gap-down start was positive. They see …