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 […]
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 […]