Technical indicator RSI has turned south from overbought territory, suggesting an intermediate pause in the uptrend.

The index formed what resembled a Gravestone Doji candle on the daily chart, sending out signals of weakness.

Nifty ended up forming a ‘Bearish Engulfing’ candle on the daily chart and a ‘Gravestone Doji’ formation on the weekly chart. The only silv...

Chandan Taparia, Technical & Derivative Analyst at MOFSL said, "Now Nifty has to hold above 15,000 level to extend its move towards 15,250 ...

A few analysts said Friday's fall could just be a single-day affair, but for that to be true the index needs to close above the 14,500 leve...

Analysts said support for the index is shifting higher, but confidence in the market is missing at higher levels.

Analysts said Nifty needs to clear the 9,350-9,400 range for any further upside.

On the upside, 9,350-9,390 range continues to pose strong resistance for the index.

Among dojis, dragonfly and gravestone dojis are more important, and therefore, need special mention.

There was absence of followup buying at higher levels, said Chandan Taparia of MOSL.

A Gravestone Doji indicates the bears are becoming active after the sharp rally.

Let’s check out what all might matter to Dalal Street on Tuesday.

Nifty needs to protect 10,777 level, else selling may push it lower towards 10,709 level.

Traders may now wait for a proper correction before initiating fresh long positions.

The only difference between a Gravestone Doji and Shooting Star is the body of the candle which is much smaller in this pattern.

The formation of a Gravestone Doji pattern suggests the market trend may reverse soon. The index also registered another trend reversal pat...

A long upper shadow suggests that the bulls pushed the market higher but the bears managed to bring the index down to the opening level.