Nifty strikes Deep but very overbought… expect some pullback otherwise be prepared for the blow-off rally The Intermediate-Term Trend: Strong follow up to the ascending triangle breakout of the last week. Nifty moved up 3.55% for the week.
Nifty took off like a Fighter Jet this week and we are now at the top end of the range again. Will it strike further or return back to the base? Nifty Daily: Nifty took off strongly on
If you look at the chart below, you can’t figure out the happenings of the India Pakistan conflict in the last four days. Already enough discussion has happened and we will stick to the charts here. Nifty Daily: The
Global equity markets moved up in unison in view of the news flow on the US-China trade deal. (Donald Trump last night) Nifty Daily: Nifty has strongly moved up today on the back
Crude Oil accelerating strongly on the upside after the breakout. Some consolidation can happen at the 200 EMA.
The status quo remains unchanged. Nifty again bounced back from the support level of 10600 aided by the Morning Star candlestick formation. Morning Star A three-day bullish reversal pattern consisting of three candlesticks – a long-bodied black candle extending
Nifty accelerated to the low of 10620 as suggested in (Markets accelerating on the downside) & (Is it a failed breakout?) but recovered 100 points during the day to close as a Doji formation. It is again at the lower
Brent Crude broke out above the $62-64 resistance zone. The breakout was a result of OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week. On top of this, if the US-China negotiations result in