Nifty50

Nifty50 on Thursday saw selling pressure near 15,900 level, as it eventually closed near its opening levels, forming a Long Legged Doji on the daily chart. Such a candle suggests indecisiveness among traders. Analysts said the index…

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…

The domestic equity market ended little changed in a volatile trading environment tracking mixed cues. Among sectors, oil & gas, metals and auto indices rose the most while consumer durables and telecom indices lost the most. Here's…

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…

With IT and metal stocks leading the up move, domestic benchmark equity indices ended higher for the third day on Monday. Sensex shot up by 433 points while Nifty ended above 15,830. Here's how analysts read the market pulse: Nagaraj…

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…

Greed and fear are the two most powerful emotions which drive the market. The market offers the best opportunities when it swings to either of these two extreme emotions. Nifty 50 is down by about 18% from its October 2021 high of…

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…

Recording its biggest single-day gain since May 17, the Nifty50 ended 1.88 per cent higher near the 15,650 mark. All sectoral indices saw renewed buying with media, oil & gas, PSU banks, metals, IT, consumer durables and realty…