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A few intraday sharp bounces expected
Nifty has formed a bearish candle; better to stay with negative to neutral bias for Tuesday
Momentum remains negative despite bounce back
Traders should remain cautious and use proper hedges and not trade without stop loss
Strategic Investment Choices 2024- Equities vs Bonds vs Gold Analysis
Investments have to be wise and you have to be wiser to get the wisest returns. Here’s an overview on what works out the best- Gold, Bonds or Equity.
Nifty falls below lower Bollinger band
By closing below the previous week’s low, the index confirmed the bearish Engulfing implications
Book profits amid short covering
Nifty traded in tight range and formed a small body, a smaller shadow candle. On a weekly time frame, it formed a bearish engulfing candle
Nifty in oversold zone
Benchmark index forms a big bearish Engulfing candle on a weekly chart; It closed at the previous week’s low and erased all the gains in the last 3...
Avoid fresh long positions for now
Nifty formed a big engulfing candle and fell below the previous week’s low. It formed a most bearish candle after 20th Dec
Nifty forms Shooting Star candle
Volumes are lower; Price action is bearish; Below 21,593 level, Nifty may test 20DMA of 21,193 pts
