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SPINNING TOP PATTERN
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- Tech View: Nifty forms an indecisive Spinning Top, suggests bearish biasThursday’s session is expected to be volatile amid expiry of May series derivatives contracts.
- Tech View: Nifty forms indecisive candle; signalling choppiness aheadA small-bodied negative candle with minor upper and lower shadows indicated a choppy trend.
- Tech view: Nifty forms Spinning Top Pattern; bears not giving upExperts advised traders to lighten up their positions if Nifty trades above 9,950 on Friday.
- Nifty50 forms ‘Spinning Top’ pattern, but any dip can be buying opportunityAlthough the intraday correction did not influence market trend, profit booking owing to big gains on the Budget day, may drag the Nifty to...
- Tech view: Nifty50 forms ‘Spinning Top’ pattern; bulls indecisive at higher levelsNarrowing of the trading range in the past couple of days has confirmed consolidation of the Nifty50, following a 500-point rally from the ...
- Tech view: Nifty50 forms ‘Spinning Top’ on charts; 8,678 key for bullsThis is formed on the charts when the real body on the candle is small despite a wide range of price movements throughout the trading day.
- Nifty50 fails to break out amid lack of conviction, forms ‘Spinning Top’While technical charts do not show any conviction in the market, the index is likely to stay volatile in the coming sessions.
- Tech view: Nifty50 forms spinning top, 8,572 important support levelA Spinning Top is formed when the real body is small but it has distinctive upper as well as lower shadows, which suggest a wide range of p...
- Tech view: ‘Spinning top’ on Nifty charts says tread cautiouslyThe Nifty50 opened at 8,565 and hit an intraday high of 8,594. It slipped below its support level at 8,510 (intraday low) before closing th...
- ‘Spinning Top’ on Nifty charts, 77% rollover show bullish biasAlthough the index formed a ‘Spinning Top’ pattern on the charts, healthy F&O rollovers pointed to a bullish bias in July series.
- Tech view: Nifty50 forms Spinning Top after RBI money policyThe Nifty50 opened at 8,235.55 and slipped to an intraday low of 8,216.40, forming a long lower shadow. The index closed at 8,266.45 on Tue...
- Tech view: Profit booking hits D-St! Nifty50 forms ‘Spinning Top’ on chartsA ‘Spinning Top’ pattern is formed when the real body is small but it has distinctive upper & lower shadows, which suggests a wide range of...
- Tech view: Nifty forms spinning top; deploy buy-on-dips strategySpinning Top is formed when the real body is small but it has the distinctive upper as well as lower shadows, which suggest a wide range of...
- Tech view: Nifty50 forms spinning top on charts; tread with caution‘Spinning Top’ is formed when the real body is small, but it has distinctive upper as well as lower shadows, which suggest a wide range of ...
- Tech view: Nifty50 forms 'Spinning Top' on daily charts; bulls are in chargeEvery dip is looking like a great opportunity to create long position. A trend reversal is likely to take place only when Nifty50 breaks be...
- Tech View: Nifty50 made 'Spinning Top' pattern on weekly charts; here's why 7,800 is an important levelTwo continuous Spinning Top patterns on the weekly charts suggest indecisiveness. The market requires a strong trigger to breakdown or brea...
- Tech view: Nifty50 forms 'Spinning Top', shows market lacks clarityThe Nifty50, which reclaimed its crucial psychological level of 7,950, closed flat in the negative territory on Thursday, forming a 'Spinni...
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