Besides forming lower highs and lower lows on the hourly charts, Nifty these days shaped a tall bearish candle on the every day charts as it revisited mid-Oct concentrations. Now,…
Tag: Nifty
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…
Nifty: Tech View: Nifty takes support at 200-DMA. What should traders do on Tuesday
In a signal of weak spot at greater concentrations, Nifty on Monday formed a compact damaging candle on the every day charts with a extensive decrease shadow. The index, having…
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…
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…
Nifty Index: Tech View: Nifty ends Feb series with a red candle. What traders should do on Friday
Headline index Nifty, which has been generating decreased-highs and lower-lows for the last five buying and selling days, nowadays formed a bearish candle on the day by day charts on…