Tag: Nifty
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 closed in the red for the second consecutive day on Thursday, tracking weak global markets. Markets across the globe came under pressure after the US Fed raised …
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 …
NEW DELHI: Nifty50 on Tuesday rose for the sixth straight day. The index failed to capitalise on a gap-up start and remained range-bound before eventually ending up, forming an …
Synopsis “Intraday weakness can be seen below 17,833 with initial targets placed in the zone of 17,764 and 17,724 levels. However, traders are advised to remain cautious about creating …
Nifty50 on Monday fell for the second straight day and formed a bearish candle on the daily chart. This was after the formation of the Bearish Engulfing pattern on …
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 …
The Nifty50 on Friday snapped a four-day losing streak and ended above its 50-day simple moving average. The index formed a bullish candle on the daily chart with a …
Synopsis The index has crossed the swing high of 16,275, said Gaurav Ratnaparkhi of Sharekhan, which shows that the Nifty50 is continuing with the pullback on the higher side. …