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ROHIT SINGRE
Tech View: Nifty50 forms bullish candle but still not out of the woodsNifty50 managed to close above a strong hurdle of 16,900, which may now act as strong support, followed by 16,800, said Rohit Singre of LKP...
Tech View: Nifty50 forms bullish candle; upside hurdle at 17,300, say analysts"Nifty Bank, which had been underperforming of late, witnessed some short-covering as the index managed to take support around its 200-DMA....
Tech View: Nifty50 consolidation likely to continue; 18K hurdle stays intactRohit Singre, Senior Technical Analyst at LKP Securities said Nifty50 has formed a small consolidation zone of 17,600-18,000.
Tech View: Nifty50 forms small bearish candle; support seen in 17,500-430 rangeAnalysts said the 17,500-17,430 range is likely offer some support to the index. A sustained move above the 17,600 level is a must for the ...
Tech View: Nifty forms Dark Cloud Cover; 17,500 level holds the keyAnalysts said Nifty50 may be in for some consolidation and any fall below the 17,500 may confirm weakness.
Tech View: Nifty signals a pause in rally, faces resistance at 16,700Independent analyst Manish Shah said the larger degree trend is still upward, but the 'rejection' candle for the day suggests there could b...
Tech View: Nifty turns indecisive at highs; buy on dips, say analystsAnalysts see immediate resistance for Nifty50 in the 16,300-16,400 range and support for the NSE barometer in the 16,176-16,146 range. "One...
Tech View: Nifty forms bullish candle; analysts say next hurdle at 15,900Analysts believe the NSE barometer, Nifty, is still in the consolidation phase and is likely to face resistance near the 15,900 level going...
Tech View: Nifty50 forms bullish candle on weekly chart; immediate hurdle seen at 15,900Analysts said the index can see good upside on a move above the 15,900 level. They see support at around the 15,700 level.
Tech View: Nifty50 charts look stretched; 15,850 level a real testOn the weekly scale, the index formed a bullish candle, third in a row. This was the fourth week when the index formed a higher high-low ca...
Tech View: Nifty forms Hammer on weekly scale, lacks follow-up buyingChandan Taparia of Motilal Oswal Securities said a ‘Hammer’ on weekly scale is indicating that declines are being bought into, but followup...
Tech View: Nifty shows bullish bias; 13,730-13,775 level eyedOn the hourly chart, it seems the index is seeing a V-shaped recovery. If it turns out to be true, then we can expect the current pullback ...
Tech View: Bulls are back but Nifty needs to take out hurdle at 9,040Nifty has crossed the falling trendline, retested it and took a leap towards the 8,800 level.
Tech View: Nifty50 forms small bearish candle, has resistance at 8,900-9,000The NSE barometer managed to break a double bottom pattern on the intraday chart.
Tech View: Nifty forms indecisive Doji candle; 7,500 level key for the bullsThe RSI oscillator is showing positive divergence, but there are no clear signs of reversal.
Tech View: Nifty forms large bearish candle; analysts say next stop 8,555NSE Nifty is in the deep oversold territory as suggested by the 14-day RSI indicator.
Tech View: Nifty negates Hammer pattern; Vix climbs to extreme highFor the day, the index fell 414 points, or 3.56 per cent, to 11,219.
Tech View: Doji on daily, Hammer on weekly chart show consolidationNifty has immediate support in 10,920-10,850 and resistance around the 11,100-11,150 zone.
Tech View: Nifty breaks below 11,300 level, likely to fall towards 11,200As long as Nifty trades below 11,297 level, the possibility of retesting May low of 11,108 is high.
Nifty faces strong hurdle at 10,300 and 10,450If the index breaks or close below 10,135, we may see a quick move towards the strong psychological level of 10,000.