Nifty close 10303.2: Nifty extended losses for the second consecutive session in today’s trade after yesterday’s close below 5 Day Low EMA. The index found some support around the 20 DMA area in the daily chart from where it bounced...
Pitchfork developed by Alan Andrews is a trend channel tool consisting of three lines- a center median line and a pair of lines above and below the median line which basically specified the number of standard deviations away from the...
Bank Nifty opened above its 5 Day High EMA (25671 approx) today . The Index corrected sharply by 430 points and closed above the 5 Day low EMA (25300 approx) Hourly Technicals: In the Hourly Chart, Bank Nifty has closed...
Nifty close 10350.2: Nifty opened near the life time high area and saw heavy selloff in today’s session. The main drag came from Lupin which fell more than 16% after receiving warning letters from USFDA. Hourly Technical: In the hourly...
Bank Nifty opened at 25537 this morning, the Index moved within a range of 160 points today and closed above its 5 day high EMA (25571 approx). Hourly Technicals: In the Hourly Chart, Bank Nifty has closed below its 5...
The 2 period RSI developed by Larry Connors is a mean reversion strategy which provides a short-term buy-sell signal. The strategy gives a probable buy signal when 2-period RSI goes below 10 (lower the better) which is regarded as highly...
Nifty close: Nifty saw some profit booking in the second half of today’s trading session. There was a heavy selling by FII on Friday’s session at the top so it’s better to be cautious. Hourly Technical: In the hourly chart,...
Nifty close 10452.5: Nifty opened at fresh life time high of 10461.7 and ended marginally lower on Friday’s session. Hourly Technical: In the hourly chart, Nifty opened marginally higher but ended in a narrow range bound session. The probable support...
Bank Nifty opened above its 5 Day High EMA (25531 approx). The Index traded in a range of 301 points and closed above its opening price of (25651 approx). Hourly Technicals: In the Hourly Chart, Bank Nifty has closed at...
Bank Nifty opened at 25473 this morning, the Index moved by 191 points today and closed above its 5 day high EMA (25313 approx). Hourly Technicals: In the Hourly Chart, Bank Nifty has closed above its 5 hourly high EMA...
Nifty close 10423.8: Nifty ended on a subdued note in today’s session after trading in a mere 40 points range. The index after opening flat in today’s session ended marginally lower by 0.16%. Hourly Technical: In Hourly chart, the index...
Bank Nifty opened at 25239 this morning, the Index moved by 306 points today and closed above its 5 day high EMA (25490 approx). Hourly Technicals:In the Hourly Chart, Bank Nifty has closed at its 5 hourly high EMA (25490...
