Nifty technical view

NEW DELHI: As Nifty ended the 7-day losing streak on Friday, a Bullish Engulfing candle formed on the daily scale, negating its lower highs formation of the last seven trading sessions.…
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The NSE Nifty 50 index, after falling for four straight days, saw a positive close on Thursday. The index in process formed a bullish engulfing candle on daily charts, which suggests…
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After a volatile session, largely affected by rate hike and RBI commentary, the Nifty50 ended with a cut and formed a bearish candle on daily charts on Wednesday. The index opened on a…
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NEW DELHI: Nifty50 on Thursday saw a gap-down start and saw intensified selling as the session progressed. It ended up forming a small bearish candle on the daily chart. Analysts said…
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NEW DELHI: Nifty50 on Monday fell below its 10-day simple moving average and settled at sub-17,700 level. The index in the process formed a small bearish candle on the daily scale.…
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NEW DELHI: After forming a Bearish Engulfing candle in the previous session, Nifty50 on Wednesday formed a 'Bearish Belt Hold' on the daily chart, reflecting selling pressure from the…
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