Tag: Inverted

Nifty 50: Tech View: Nifty 50 bulls uncertain; Inverted shadow 15,700 . Feather

[ad_1] nifty 50 An erratic Spinning Top candlestick formed on the daily chart on Thursday. Analysts said the index has entered a consolidation phase that could last for a few days unless the broader 15,350-15,700 range is decisively exited. Mazhar Mohamed of chartviewindia.in says the index is finding some support at 15,380. This is the […]

Nifty 50: Tech View: Nifty 50 Forms ‘Inverted Hammer’, Recovery Possible

[ad_1] New Delhi: nifty 50 An ‘inverted hammer’ candle formed on the daily chart on Tuesday, forming around the bottoms at times, as traders remain skeptical about early pullback attempts, analysts said. Analysts said the 15,600-700 level remains a strong support for the index to move further. They are seeing resistance at 16,850 level. Ruchi […]

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