Tech View: Nifty delivers tall bearish candle. What should traders do on Tuesday
Besides forming lower highs and lower lows on the hourly charts, Nifty today formed a tall bearish candle on the daily charts as it revisited mid-October levels. Now, till it remains below 17250 zones, weakness could continue towards the next psychological support of 17000-16800 levels, while on the upside hurdles are seen at 17350 and […]
Hype in new-age stocks busted after correction: Raamdeo Agrawal
NEW DELHI: Dalal Street veteran investor Raamdeo Agrawal of Motilal Oswal today said sharp correction seen in new-age stocks has busted the hype around the pack. About the class of ’21 stocks that went public in 2021 and 2022, he said some of them could make it big. “There is no more hype. There was […]
Tech View: Nifty support shifts to Budget day low. What should traders do on Thursday expiry
[Display_1] The headline index, Nifty, has formed a long bearish candlestick on the daily chart and has broken below its highs on the intraday chart today, suggesting further weakness from current levels. According to Motilal Oswal’s Chandan Taparia, we could see weakness towards the 17,442 and 17,350 zones unless he falls below 17,777, with the […]