“S&P over the past four months has been trading in the 3800-4100 range. Should the S&P break below that 3800 area, that would increase the probability…
Given the prevailing uncertainties in the market, it is difficult to predict the trajectory for the short term, believes Deepak Shenoy of Capitalmind. “It’s a…
The market continues to be under pressure as any intermediate bounce is getting sold into, while global banking crises and STT hikes are likely to dampen…
Nifty today formed a long bear candle on the daily and weekly charts. Chart readers said the recent swing high of 17,207 could now be considered a new lower top…
A benign US dollar could be good news for metals and one stock that may see a pullback due to this is Hindalco Industries. The share has a potential upside of…
Nifty today formed a small red candle with upper and lower shadow on the daily charts. Chart readers said such patterns after a reasonable up move signal…
After a gap-up opening, Nifty today formed a small green candle on the daily scale. Chart readers said the index is currently placed at the crucial overhead…
Nifty today formed a bearish candle with long lower shadow, similar to a hammer candlestick pattern, on the daily scale. Chart readers said the pattern…
Domestic equities have been knocked down left-right-center by the bears of Dalal Street over the last 3 months, and this reflects in the performance of stocks…
ET CONTRIBUTORSThe previous week remains a technically damaging one as the Nifty violated a few important supports while closing on a negative note. The…