Nifty on Monday shaped a prolonged purple candle with a decrease shadow on the daily scale. Chartists stated this could be considered a quick-time period reversal on the draw back…
Tag: Tuesday
Tech View: Nifty charts show bulls getting tired. What traders should do on Tuesday
As the headline fairness index finished on a constructive note for the sixth consecutive session, Nifty charts indicated that bulls are receiving weary at the critical hurdle of 17,600-17,700 degrees.…
Tech View: Nifty charts hint at indecisiveness. What should traders do on Tuesday
India VIX was up by 1.35{fa54600cdce496f94cc1399742656d2709d9747721dfc890536efdd06456dfb9} from 15.24 to 15.44 degrees. Volatility has been on the rise overall providing swings to the industry. On the Month-to-month Choice front, Most Connect…
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…
nifty news: Tech View: Nifty delivers tall bearish candle. What should traders do on Tuesday
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,…
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…