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tech view

Tech View: Nifty forms long bull candle to end in uncharted zone. What traders should do next week

by Mark McDuffie
Tech View: Nifty forms long bull candle to end in uncharted zone. What traders should do next week

Nifty on Friday ended 135 points higher in uncharted territory above 20,250-zone to form a reasonable positive candle on the daily chart. On the weekly chart, a long bull candle …

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Tech View: Nifty’s next hurdle at 19,850-20,050. Here’s what traders should do on Thursday

by Mark McDuffie
Tech View: Nifty’s next hurdle at 19,850-20,050. Here’s what traders should do on Thursday

Nifty today ended 232 points higher to form a small green candle on the daily chart and signal an upside breakout of the crucial overhead resistance of around 19,550-19,600 levels. …

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Tech View: Nifty breaks below 100-DMA. What traders should do on Wednesday

by Mark McDuffie
Tech View: Nifty breaks below 100-DMA. What traders should do on Wednesday

Nifty today ended 261 points lower to fall below its 100-DMA and form a long bear candle on the daily chart. The short-term trend of Nifty continues to be negative. …

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market outlook: Tech View: Nifty forms small green candle. What traders should do next week

by Mark McDuffie
market outlook: Tech View: Nifty forms small green candle. What traders should do next week

Nifty, which has been finding support near its 50-day EMA for the last three consecutive days, on Friday ended 115 points higher and formed a small green candle with a …

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