Technically, the Nifty 50 index on Thursday formed a Doji candle near its 200-day exponential moving average (DEMA) support on the daily chart, indicating uncertainty. The 200-DEMA is placed around …
A long negative candle was formed on the Nifty daily chart on Tuesday, placed near the recent swing low of 4th November around 23,816 levels. Technically, this pattern indicates a …
The Nifty closed with a loss of 51 points (-0.2%) at 24,148 while the broader markets underperformed, with midcap and smallcap indices losing 1.3% and 1.7%, respectively, on Friday. The …
A small negative candle was formed on the daily chart of Nifty on Friday with a minor lower shadow. Technically, this pattern indicates a choppy movement in the market. Having …
Indian headline indices closed in the red on Thursday, registering their second successive decline. They were dragged by IT, FMCG and bank stocks. While Nifty finished at 24,205.35, going down …
Nifty closed lower on Wednesday after a two-day gain. A sell-off in the later half of the session erased the morning gains as the star performers of the previous two …
The Nifty gained 128 points on Tuesday to close at 24,467. It started on a weak note, but bounced back sharply from around the support zone of 24,150-200 and remained …
The Nifty formed a long bearish candle on the weekly chart on Friday. Technically, this suggests that the markets are likely to remain under pressure in the near term. However, …
A small positive candle was formed on the daily chart on Wednesday with an upper shadow. Technically, this formation indicates a type of bullish inverted hammer-type candle pattern, not a …
A long bull candle was formed on Nifty’s daily chart, which indicates an attempt of an upside breakout of smaller range movement. Having moved within a broader high-low range of …