Technical View: Nifty forming Bearish Belt Hold pattern on weekly charts a cause of concern, say experts

The Nifty recouped losses amid volatility in the last hour of the trade to close above 15,700 on July 2, forming a hammer pattern on the daily charts. Select banking & financials, technology, and Reliance Industries supported the market. For the week, the index was down 0.9 percent and formed a bearish candle that resembled […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms bullish candle on weekly charts, may consolidate in 15,400-15,750 range

Representative image The Nifty50 consolidated for the most part of the session and closed slightly lower on June 4, as the RBI monetary policy committee left key rates unchanged. Banks and select FMCG stocks were under pressure, while auto and metals stocks supported the market. The index opened higher at 15,712.50 and hit an intraday […]

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Technical View: Nifty forms Spinning Top candle, experts say traders can book profits

After rallying for seven straight sessions, the market took a break today as banks, metals, select auto and FMCG stocks witnessed selling pressure. The Nifty50 retreated sharply from the intraday record high. It closed moderately lower as compared to May 31 closing level. The index formed bullish candle which resembles Spinning Top kind of pattern on […]

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