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PIERCING LINE CANDLE
Nifty tops key 23,500 hurdle, can head to 24,500 on buying interest: AnalystsNifty's strong breakout above 23,500 has turned technical analysts bullish, anticipating a move towards 24,000-24,500. Analysts highlight i...
Tech View: Nifty forms Piercing Line candle on daily chart. How to trade on WednesdayNifty ended Tuesday's session 218 points higher, forming a Piercing Line candle. The underlying short-term trend is on the verge of reversa...
Tech View: Nifty forms Piercing Line candle on weekly charts. What should traders do next weekNifty is expected to move towards the upper range of 22800 levels in the next 1-2 weeks. Immediate support is placed at 22200 levels, said ...
Ahead of Market: 10 things that will decide D-Street action on ThursdayThe Nifty opened lower and soon reversed course to trade higher, but was unable to sustain momentum and dropped as much as 0.5% during the ...
Tech View: Nifty forms bullish piercing candle. What traders should do on Thursday expiryThe short-term trend of Nifty seems to have reversed up, but the uncertainty remains in the market at the highs. The market could encounter...
Stock Radar: Grasim Industries likely to hit fresh record highs in short term; may surpass Rs 2100A retest of the crucial support on the weekly charts suggests positive momentum in the stock. It has formed a Piercing Line candle pattern,...
Tech View: Nifty50 forms Bullish Piercing Line pattern, signals reversalIn that scenario, the index can attempt to bridge the bearish gap present between 17,690 and 17,710 level registered on August 22 and a clo...
Tech View: Nifty50 forms bullish candle, can test recent high"This indicates the possible completion of a recent downward correction in the market. The positive sequence of higher tops and bottoms is ...
Tech View: Nifty50 forms a Reversal Piercing Line, signals recovery ahead“Today’s close is above the 100-day SMA of 14,361, which has been offering support to Nifty on a closing basis. There can be some strength ...
Tech View: Nifty forms Piercing Line pattern, signals bottom is in placeThe ‘Piercing Line’ is a bullish reversal pattern formed at the lows and signals reversals of short-term bottom. Analysts said Nifty might ...
F&O: Nifty trading range shifts lower to 11,900-12,250 zoneIndia VIX moved up marginally by 0.62 per cent to the 14.51 level.
F&O: Options data suggests shift in Nifty range to 12,000-12,300 zoneIndia VIX fell 2.06 per cent to 12.33 level.
Trade setup: Nifty needs to stay clear of 10,545 to extend gainsThe levels of 10,590 & 10,675 are likely to act as immediate resistance on Wednesday.
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Tech View: Nifty50 forms a ‘Piercing Line’ pattern; bulls trying to strike back from lowsA hold above 10,550 is needed for an upmove towards 10,650. Immediate support is at 10,500.
Tech view: Nifty50 forms Piercing Line; analysts suggest 'sell on rise'A downside is likely should Nifty50 break below the immediate support at 10,882 level.
F&O watch: Nifty needs to hold above 10,050 to hit life-time high againIt made a strong bullish candle and closed at its highest level since the past 14 trading sessions.
Market outlook: Positive start but rangebound trade aheadThe 10,100 and 10,155 will act as immediate resistance for Nifty in Monday’s session.
Tech view: Nifty50 makes bullish pattern; 10,037 level holds the keyTraders can maintain a bullish bias for a target of 10,350 with a stop below the 9,980 level.
- Look for target of Rs 70 on Suzlon: Devang Visaria
Even from these levels as a percentage move for traders, that might be a good idea to trade long.