Tech View: Nifty charts hint at downside towards 16,800 levels. What should traders do next week

Nifty today fashioned a extensive bear candle on the everyday and weekly charts. Chart visitors explained the the latest swing high of 17,207 could now be considered a new reduce…

Tech View: Nifty charts showing signs of upside breakout. What should traders do on Wednesday

Following a hole-up opening, Nifty currently fashioned a compact green candle on the day-to-day scale. Chart readers explained the index is at the moment put at the critical overhead resistance…

Tech View: Nifty forms a hammer pattern on daily charts. What traders should do on Tuesday

Nifty currently shaped a bearish candle with long reduce shadow, identical to a hammer candlestick sample, on the each day scale. Chart audience explained the sample suggests that acquiring can…

Tech View: Nifty charts show buy on dips mode. What traders should do on Thursday expiry

Indicating that traders are finding ‘buy on dips’ option in the marketplace, Nifty nowadays shaped a bullish candle with a for a longer period reduce shadow. Now, till it holds…

Tech View: Nifty charts hint at weakening selling pressure. What should traders do on Wednesday

Nifty currently formed a bearish candle on the every day chart with a minor lower shadow. The index has been forming lower highs – reduced lows from the last three…

Tech View: Nifty charts hint at weakness ahead. What should traders do on Tuesday

Indicating further more weak point from present stages, the headline index Nifty on Monday fashioned a lengthy bear candle with a small upper shadow on the each day charts. Now,…