stock market analysis

While forming a strong bullish candle on the daily chart, Nifty today formed a morning star pattern, which is a bullish reversal sign, on the weekly scale. Now it has to hold above…
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NEW DELHI: The release of the US Fed meeting minutes spoiled the market mood last week after investors found out that the central bank is determined to tame inflation by maintaining its…
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After being subdued for most part of the week, Indian equities notched strong gains on Friday that saw Nifty50 and Sensex scale 12-month highs, as US inflation finally showed signs of…
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After sinking for the sixth straight session, the Nifty50 not only failed to protect the 17,000 mark but also slipped below its 200-DMA to end 149 points lower near the 16,850 mark on…
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Nifty Bank opened gap down by 330 points and recovered from its lows but moved in a zigzag manner throughout the day. It continued to underperform the broader market and closed with…
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New Delhi: Nifty50 on Monday plunged over 1 per cent and barely managed to hold the 17,300 level on a closing basis. The 50-pack index did not respect its 20-day simple moving average…
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New Delhi: Nifty50 on Friday settled higher but formed a small bearish candle on the daily chart. On the weekly chart, the index formed a bearish candle with a long lower wick. Analysts…
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NEW DELHI: Despite Friday’s profit booking, headline index Nifty managed to close on a positive note for the fifth week in a row by registering a weekly gain of 0.34 per cent. As the…
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After continuing to rise in an unabated manner for three out of four sessions in a truncated week, the Indian equity markets managed to end on a positive note for the week. But the…
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Analysts said that the index is near key resistance levels, and the 17,700-800 range may prove to be a strong hurdle for the index in the near future. "If we draw a trendline connecting…
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