When forming a solid bullish candle on the day-to-day chart, Nifty today shaped a early morning star pattern, which is a bullish reversal indication, on the weekly scale. Now it…
Tag: forms
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 forms Doji candle on weekly expiry day. What should traders do on Friday
Amid expiry day volatility, headline index Nifty on Thursday shaped a extended-legged Doji-kind candle on the every day charts. Chart viewers say this sort of a sample just after sensible…
Nifty Index: Tech View: Nifty forms a long bear candle. What traders should do next week
Indicating a downtrend continuation pattern, a extended bear candle was shaped on Nifty’s daily chart today. Unfavorable chart patterns like reduce tops and bottoms ended up formed on the weekly…
Tech View: Nifty forms green candle to rise above short-term average. What traders should do on Thursday expiry
Growing over each the quick-time period and in the vicinity of-expression moving averages, the headline fairness index Nifty on Wednesday shaped a green candle following two days of consolidation. Now,…
Tech View: Nifty forms long bear candle on daily charts. What traders should do on Friday
Even though closing underneath the 18,000 mark, headline index Nifty right now shaped a extended bearish candle on the daily charts on month-to-month F&O expiry day. It has been trading…