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nifty charts

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

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

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

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
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