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Charts indicate probable consolidation
Nifty forms small body, long shadows candle; Records 2nd consecutive gap-down opening; It is time to be very cautious on both sides; Wednesday is a...
Sensex tests 75k level
Markets end in red after hitting record peaks in intra-day; Profit-booking at higher levels ahead of key US inflation data on Wednesday; Forex, money...
Limited upside move possible
In any case, it closes below Monday’s low of 22,550pts, which will give a weaker signal; Stay with cautiously optimistic; Put-Call Ratio for weekly...
More room for upward journey
74,500 would act as a trend decider level, above which market could move up till 75,000-75,250. On the flip side, below 74,500 the market could retest...
Nifty forms Hanging Man candle
Stay calm and sideline for some time; Continue the positional longs as long as they are above the stop losses
Nifty forms a long upper shadow candle
The index has formed a second lower low candle; Stay cautiously positive; Follow the strict risk management
Charts indicate major correction
If 22,526.60 is the intermediate top, expect a correction towards 21,137 points, which is the prior major low and just a 10% correction level from the...
Markets on recovery path after positive macro data
Auto, banking and energy shares supported the recovery while FMCG and IT shares declined due to profit taking