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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...
No weak signals from key index Nifty as of now
Go for bullish strategies for next 3 sessions, but it is not time to take positions
Nifty forms Hanging Man candle
After 7 days of massive rally, the index ended it rally by a decline of just 111.10 points or 0.52%; Before this tiny loss, the index rallied by 2,755...
Charts indicating possible consolidation
Nifty closed above 8EMA; Indicators fall from extreme overbought conditions; Index almost filled the 14th December gap
Nifty forms big bearish candle
Benchmark index engulfed previous 3 days of price actions as it filled the last Friday’s gap; Tuesday’s decline in volume, which was higher than the...
Doji candle indicates indecisiveness
The daily range also shrunk to just 117 pts; Volumes were below average; Stay on amid neutral bias with a reduced position size
Top-9 scrips gain Rs 2.26-trn mcap
TCS, Infosys biggest gainers
Consolidation more likely
New Delhi: A near-term consolidation in the market is expected due to elevated valuations, concerns over El Nino, and a slowdown in world GDP,...