Support for the Nifty index is placed at 22,786, while immediate resistance is seen at 23,137 followed by 23,347. India stock ...
Learn how to identify and trade tweezer bottom bullish reversal patterns for potential price reversals in trading.
As long as the index sustains above 22,780, a short-term pullback rally toward 23,200 and 23,500 remains possible.
The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around ...
On technical charts, Nifty formed an Inverted Hammer candlestick pattern during the day, indicating a strong upper price rejection,” Ambala said. Considering these developments, Ambala expects ...
Choice Brokings executive director Sumeet Bagadia suggested purchasing two stocks following the Nifty indexs volatility-indicating inverted hammer formation on the daily chart.
The hammer candlestick pattern indicates strong buying interest at lower levels, pointing to potential bullish momentum. The ...
A piercing line candlestick pattern, also known as a Doji star, is a reversal signal similar to a hammer or inverted hammer. Like these patterns, a piercing line occurs when price gaps down but ...
The market may continue its upward journey amid likely consolidation. Below are some trading ideas for the near term.
Support and resistance levels are identified using Fibonacci analysis, with significant market actions expected during key ...