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nifty bank

What Traders Should Do Next Week: Long Bear Candle Formed on Daily Charts for Nifty50, Tech View

by Craig Fedirighi
What Traders Should Do Next Week: Long Bear Candle Formed on Daily Charts for Nifty50, Tech View

By ending 115 points lower on Friday, Nifty formed a long bear candle on the daily charts, indicating a downside breakout of the smaller range movement of the last few …

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Categories Business

Stock Market Analysis: Nifty Faces Challenges in Maintaining 20-DMA. Trading Strategies for Friday.

by Craig Fedirighi
Stock Market Analysis: Nifty Faces Challenges in Maintaining 20-DMA. Trading Strategies for Friday.

NEW DELHI: Nifty on Thursday ended 89 points lower near the 19,550 mark to form a small negative candle with minor upper and lower shadows on the daily chart. Technically, …

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Categories Business

Tech Analysis: Nifty Demonstrates Hammer Pattern Before Expiry. Recommendations for Thursday’s Traders.

by Craig Fedirighi
Tech Analysis: Nifty Demonstrates Hammer Pattern Before Expiry. Recommendations for Thursday’s Traders.

Indicating buying support at lower levels, Nifty on Wednesday ended 62 points higher to form a Hammer-type bullish candle with a long lower shadow on the daily charts. Now, it …

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Categories Business

Tech Analysis: Nifty Trapped in Narrow Range – Wednesday Trading Strategies

by Craig Fedirighi
Tech Analysis: Nifty Trapped in Narrow Range – Wednesday Trading Strategies

Nifty on Tuesday ended about 26 points lower to form a small-bodied bearish candle with a long lower shadow on the daily chart. The pattern indicates that buying was visible …

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Categories Business

Tuesday Trading: Significant Nifty Volumes Reflect Support at 19,300-400 – Crucial Insights for Traders

by Craig Fedirighi
Tuesday Trading: Significant Nifty Volumes Reflect Support at 19,300-400 – Crucial Insights for Traders

While ending 80 higher just below the 19,600 level, Nifty on Monday formed a small green candle with minor upper and lower shadows on the daily charts. Normally, such pattern …

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Categories Business

Tech Perspective: Continue Selling on Rally until 19,660 is Definitively Broken. Future Steps for Traders in the Upcoming Week.

by Craig Fedirighi
Tech Perspective: Continue Selling on Rally until 19,660 is Definitively Broken. Future Steps for Traders in the Upcoming Week.

Nifty on Friday bounced back in style with an upside of 135 points to form a small positive candle with minor upper and lower shadow on the daily chart. However, …

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Categories Business

Technical Analysis: Nifty Shows Formation of a Small Bearish Candlestick. Wednesday’s Trading Recommendations for Traders.

by Craig Fedirighi
Technical Analysis: Nifty Shows Formation of a Small Bearish Candlestick. Wednesday’s Trading Recommendations for Traders.

Nifty ended Tuesday’s session about 20 points lower to form a small bearish candle, which indicates indecisiveness between bulls and bears. During the day, it traded within a narrow range …

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Categories Business

Exploring the Tech Perspective: Nifty Surpasses 19,750, Leaving Call Writers Seeking Shelter. Key Advice for Traders on Tuesday.

by Craig Fedirighi
Exploring the Tech Perspective: Nifty Surpasses 19,750, Leaving Call Writers Seeking Shelter. Key Advice for Traders on Tuesday.

Nifty on Monday resumed the uptrend after a two-day fall and ended about 108 points higher above the 19,750 mark to form a green candle with a minor lower shadow …

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Categories Business

Tata Power Emerges as One of the Top 3 Stock Ideas for the Following Week, According to Kunal Shah

by Craig Fedirighi
Tata Power Emerges as One of the Top 3 Stock Ideas for the Following Week, According to Kunal Shah

Even though the market undertone is neither bullish nor bearish, Tata Power, LIC Housing Finance and NCC are 3 stock ideas from Kunal Shah, Senior Technical & Derivatives Analyst at …

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Categories Business

Experts Predict Whether Nifty Bank’s underperformance against Nifty 50 will Persist

by Craig Fedirighi
Experts Predict Whether Nifty Bank’s underperformance against Nifty 50 will Persist

The Nifty 50’s dream to hit the 20000-mark milestone was shattered as bears took charge of its heartbeat – banks. The Nifty Bank clocked 3% gains in the July derivative …

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Categories Business
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