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technical analysis

investment strategies: Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market

by Mark McDuffie
investment strategies: Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market

The markets consolidated throughout the past week; the week was a shortened one with Monday, June 17, being a holiday on account of Bakri Eid. The past five sessions saw …

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Tech View: Nifty stiff resistance around 23,000-100. What traders should do on Tuesday

by Mark McDuffie
Tech View: Nifty stiff resistance around 23,000-100. What traders should do on Tuesday

Nifty on Monday ended 25 points lower to form a minor bearish candle on the daily chart. The up move was not supported by the momentum as on the hourly …

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Tech View: Nifty forms Doji candle. What traders should do next week

by Mark McDuffie
Tech View: Nifty forms Doji candle. What traders should do next week

Nifty on Friday ended near the flatline after climbing the 23,000-mark for the first time in history. The index formed a Doji candle during the day after Thursday’s big bull …

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Tech View: Nifty forms high wave type candle. What traders should do on Thursday

by Mark McDuffie
Tech View: Nifty forms high wave type candle. What traders should do on Thursday

Nifty on Wednesday ended 17 points lower to form a high wave type candle on the daily chart. The index largely traded sideways and failed to generate any significant directional …

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Could Worldcoin price shoot up 45% ahead of OpenAI’s live stream on Monday?

by Khairy Forshey
Could Worldcoin price shoot up 45% ahead of OpenAI’s live stream on Monday?

Worldcoin price eyes a quick 45% rally in anticipation of OpenAI’s live stream on Monday. WLD needs to clear $6.70 hurdle before it can climb up to $8.55.  A daily …

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Learn With ETMarkets: Elliott Wave Theory – forecasting market trends using wave patterns

by Mark McDuffie
Learn With ETMarkets: Elliott Wave Theory – forecasting market trends using wave patterns

Fundamental and technical analysis are the two widely acknowledged ways of stock investing. Investors belong to either of these two schools of thoughts. While fundamental analysis focuses on a company’s …

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Tech View: Nifty forms high wave type candle pattern. What traders should do on Thursday

by Mark McDuffie
Tech View: Nifty forms high wave type candle pattern. What traders should do on Thursday

Nifty on Wednesday ended flat to form a high wave type candle pattern, which indicates chances of an upside bounce. The positive chart pattern like higher tops and bottoms is …

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Nifty: Nifty on a roll, has 23,000 in its sights: Analysts

by Mark McDuffie
Nifty: Nifty on a roll, has 23,000 in its sights: Analysts

Technical charts indicate a continuation of the positive trend going ahead, with the India VIX currently trading below 12. Any market dip presents a buying opportunity, as technical analysts predict …

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breakout stocks: Technical Breakout Stocks: How to trade NHPC, NBCC and SJVN on Monday?

by Mark McDuffie
breakout stocks: Technical Breakout Stocks: How to trade NHPC, NBCC and SJVN on Monday?

Indian market bounced back on Friday after closing lower on the Interim Budget Day. The S&P BSE Sensex rose more than 400 points while the Nifty50 closed above 21800 levels. …

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Technical Analysis: Technical Breakout Stocks: How to trade IRFC, Macrotech Developers and Firstsource Solutions on Monday?

by Mark McDuffie
Technical Analysis: Technical Breakout Stocks: How to trade IRFC, Macrotech Developers and Firstsource Solutions on Monday?

The Indian market closed higher for the fourth consecutive day in a row on Friday. The S&P BSE Sensex rose more than 800 points while the Nifty50 closed just a …

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