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nifty bank

Nifty Charts: Tech Analysis – Nifty Concludes Week with Doji Candle, Guidance for Traders in the Coming Week

by Craig Fedirighi
Nifty Charts: Tech Analysis – Nifty Concludes Week with Doji Candle, Guidance for Traders in the Coming Week

By ending Friday’s trading session with a marginal loss of 14 points, Nifty formed a Doji candle on the daily chart to signal an indecisive mood on Dalal Street. After …

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Categories Business

Traders’ Thursday Game Plan: Strengthening Downside Support in Tech View

by Craig Fedirighi
Traders’ Thursday Game Plan: Strengthening Downside Support in Tech View

While ending with gains of 98 points, Nifty on Wednesday formed a shooting star like candle on the daily chart but is facing resistance around the 19,800-level. The positive chart …

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Categories Business

Traders’ Guide for Wednesday: Slowing Down of Nifty’s Downside Momentum in Focus

by Craig Fedirighi
Traders’ Guide for Wednesday: Slowing Down of Nifty’s Downside Momentum in Focus

Nifty ended Tuesday’s session flat and in the process formed a small bearish candle with a minor lower shadow on the daily chart. This pattern indicates a choppy movement in …

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Categories Business

Technical Charts: Analyzing Nifty’s Weakness through Price and Momentum Indicators. How Traders Should React on Tuesday.

by Craig Fedirighi
Technical Charts: Analyzing Nifty’s Weakness through Price and Momentum Indicators. How Traders Should React on Tuesday.

Indicating sell on rise opportunity in the market, a red candle with minor upper shadow was formed on the daily chart on Monday as Nifty ended 73 points lower. Nifty …

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Categories Business

What actions should traders take as Sterling & Wilson Renewable Energy shares surge 27% in just one week?

by Craig Fedirighi
What actions should traders take as Sterling & Wilson Renewable Energy shares surge 27% in just one week?

Following a 27% weekly rally in shares of Sterling & Wilson Renewable Energy last week, Kunal Shah of LKP Securities suggests buying the stock on dips. “The stock has strong …

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Categories Business

What should traders do next week as Nifty support moves to 19,700: A Tech View

by Craig Fedirighi
What should traders do next week as Nifty support moves to 19,700: A Tech View

Now, it has to hold above 19700 zones to extend the move towards 19900 then 20000 zones, while on the downside, support is placed at 19650 and 19550 zones, said …

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Categories Business

Investor’s Guide: Nifty’s 20K Milestone Dominates Tech View – Trading Tips for Friday

by Craig Fedirighi
Investor’s Guide: Nifty’s 20K Milestone Dominates Tech View – Trading Tips for Friday

Nifty on Thursday ended 146 points higher — just a few points away from the psychological hurdle of a new milestone at 20,000. In the process, the index formed a …

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Categories Business

Tech Analysis: Identifying a High Wave Pattern on Nifty Charts – Guidance for Thursday’s Traders

by Craig Fedirighi
Tech Analysis: Identifying a High Wave Pattern on Nifty Charts – Guidance for Thursday’s Traders

Nifty took triple bottom support around 19,730 zones on an intra-day basis and rose sharply to close near 19,850 zones. “Both call and put writers played out aggressively at 19,800 …

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Categories Business

Tech Outlook: Nifty shows minor decline, but overall trend remains upward. Wednesday trading strategies for traders.

by Craig Fedirighi
Tech Outlook: Nifty shows minor decline, but overall trend remains upward. Wednesday trading strategies for traders.

After reaching a new high above the 19,800 level, Nifty closed 38 points higher near 19,750, forming a small red candle with minor upper and lower shadows on the daily …

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Categories Business

Tech Analysis: Nifty50 Establishes New Base at 19,200. Trading Strategies for the Coming Week

by Craig Fedirighi
Tech Analysis: Nifty50 Establishes New Base at 19,200. Trading Strategies for the Coming Week

NEW DELHI: By closing about 151 points higher, well above the resistance zone at the 19,500 mark, Nifty on Friday formed a long bull candle with a minor lower shadow …

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Categories Business
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