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nifty charts: Tech View: Conviction missing from timid Nifty. What traders should do on Wednesday

On the derivatives front, the strikes of 19400 saw the addition of call open interest. Negative chart patterns like lower tops and bottoms continued as per daily chart and Nifty seems to be forming a smaller lower top as of now within a narrow range, analysts said
Nagaraj Shetti Osho Krishan Senior Technical Exponential Moving Average Nifty Charts Nifty Technical Charts

market: Should you go long or short Nifty? Rupak De of LKP Securities explains

“The price action demonstrates an inability to sustain higher levels, curtailing the scope for significant upward movements. This pattern indicates a market environment where caution and strategic planning are crucial, considering the challenges posed to sustaining profitable long positions,” he says.
Bank Nifty Nifty Bank Cochin Shipyard Senior Technical Exponential Moving Average Relative Strength Index

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