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Explore Now Nifty opened positive on Thursday and after a slight dip in the initial hours, took support near the 14,700 mark. The index witnessed a strong move in the second half of the session and headed towards the 14,883 level. It has been forming higher lows since last four sessions and managed to cross the recent swing high, which bodes well for the bulls. The index settled the day with a gain of around 170 points and formed a bullish candle with a long lower shadow, which signalled buying...

Heres the breaking down of the pre-market actions: State of the markets SGX Nifty signals gap-up start: Nifty futures on the Singapore Exchange traded 101.5 points, or 0.69 per cent, higher at 14,894.50 in signs that Dalal Street was headed for a positive start on Tuesday. Tech View: No follow-through selling a respite Nifty50 on Monday topped the 14,750 level and formed an Inside Bar on the daily chart. The price action for the day was noteworthy. First, there was no follow-through to the long...

Rohit Singre, Senior Technical Analyst at LKP Securities said, "Nifty has formed immediate support near 14,640-14,580 zone and good resistance is coming near 14,810 zone. Any break above said levels can push index towards 15,000-mark again."

Nifty has to hold above 15,000 level to continue its bullish momentum towards 15,250 and then 15,500 levels, while support can be seen around 15,000 and then 14,750 levels.

Positive global cues and a fall in inflation helped the sentiment. After strong results from TCS, Wipro and Infosys, all eyes will be on HCL Technologies which will come out with its December quarter numbers on Friday.

Technical View: Nifty forms bullish candle on weekly chart, needs to hold 14K next week Traders should remain neutral on the long side of the index, whereas intraday traders can consider shorting below 13,990 for a modest target of around 13,880 levels. Sunil Shankar Matkar January 01, 2021 / 05:04 PM IST The new year saw the Nifty50 scaling a new peak as it closed above the psychologically important 14,000-mark on January 1, led by select auto, ...

Explore Now Nifty opened positive on Friday and remained consolidative in a 50-point range, but showed strength to hold above the 14,000 mark. The index started the new F&O series and the new decade on a positive note, as it moved up steadily throughout the session to scale a new record lifetime high of 14,049. Nifty continued its winning streak and formed higher lows for seven sessions. Now, it has to hold above 13,850 level to witness a fresh rally towards 14,200 and then 14,500 marks, while ...

Top 10 Candlestick Patterns To Trade the Markets 2020-12-26 00:00:00 Warren Venketas, Markets Writer Candlestick patterns are important tools in technical trading. Understanding them allows traders to interpret possible market trends and form decisions from those inferences. There are various types of candlestick patterns which can signal bullish or bearish movements. This article will briefly touch upon what candlestick patter...

F&O: Nifty tech charts, falling VIX signal a bounceback ahead SECTIONS Last Updated: Dec 22, 2020, 05:03 PM IST Share Synopsis The index has to hold above the 13,450-13,500 zone to witness a bullish bias towards 13,600 and the 13,750 levels Getty Images India VIX fell 5.20 per cent from 23.19 to 21.98 levels. A cooldown in volatility from higher levels has provided support for a decent bounceback move, and it now has to hold below the 19 mark to help the bulls continue their grip on the market....

Top 10 Candlestick Patterns To Trade the Markets 2021-04-12 20:00:00 Warren Venketas, Markets Writer Candlestick patterns are important tools in technical trading. Understanding them allows traders to interpret possible market trends and form decisions from those inferences. There are various types of candlestick patterns which can signal bullish or bearish movements. This article will briefly touch upon what candlestick patterns are and introduce the top 10 formations all traders should know t...