Tag: rsi

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Tech view: Nifty forms Doji candle; a break below 23,500 likely to push index lower. How to trade on Monday

Technically, the Nifty 50 index on Thursday formed a Doji candle near its 200-day exponential moving average (DEMA) support on the daily chart,...

Tech View: Nifty’s short-term trend remains weak, key support at 23,500. How to trade tomorrow

A long negative candle was formed on the Nifty daily chart on Tuesday, placed near the recent swing low of 4th November around...

Tech view: Nifty’s short-term trend remains weak, critical support at 200 DEMA. How to trade tomorrow

A long bear candle was formed on the Nifty’s daily chart on Monday with a minor lower shadow. Technically, this candle pattern indicates...

Tech view: Nifty breaks 25,500 resistance, forms long bull candle. How to trade on Monday

The Nifty formed a long bull candle, which indicates a decisive upside breakout of the range movement witnessed in the last 4-5 sessions....

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