RSI

Nifty50 on Wednesday settled below the 15,800 mark, even as it formed a small bullish candle on the daily chart. Analysts noted that the index has been staging a recovery in the last couple of sessions after seeing gap-down starts, which is…

Nifty50 on Tuesday ended marginally higher and formed a small bullish candle on the daily chart. Analysts said a positive close after a gap-down start was positive. They see the index testing the 16,000 level in the coming days. Support for…

Nifty50 on Monday rose for the third straight session but closed below its opening level, thus forming a bearish candle on the daily chart. Analysts said failure to see a follow-up buying post a gap-down start was disappointing. The index…

By Rajesh Palviya NSE Nifty 50 index started the week with an upward gap and buying momentum for most part of the week led it to close on a strong note. Nifty 50 closed at 15699 with a gain of 406 points on a weekly basis. On the weekly…

The Indian equity markets managed to recover half of what they had lost in the earlier week. Over the past five days, the markets traded largely positive and went on to test the previous support levels that they had violated on their way…

NEW DELHI: Domestic stocks staged a strong recovery this past week, even as the Fed said recession in the US was a real possibility and that it was committed to tame inflation. The silver lining for domestic stocks was the fall in crude oil…

New Delhi: In spite of the market sentiment being at bearish extremes, headline equity index Nifty may soon stage a technical pullback from oversold territory. Historically, extreme bearish reading of sentiment indicators, as measured by…

The Nifty50 on Friday saw a gap-up start but could not add much to gains. The index ended up forming a small bullish candle on the daily chart. It ended up forming a 'Harami' candle on the weekly chart. The weekly pattern is a bullish…

Nifty50 on Thursday formed an indecisive Spinning Top candle on the daily chart. Analysts said the index has entered a consolidation phase which may last a few days until the broader 15,350-15,700 range is taken out decisively. The index…

Nifty50 on Friday fell for the sixth straight day and formed an indecisive Doji candle on the daily chart. On the weekly scale, it formed a long bearish candle. Analysts are unsure whether there could be any recovery from here. The trend…