Another winning streak of Bear’s, Nifty opens gap up and made day high that is 22588 but didn’t sustain upper level and bear took over the market and drag it down to the 22409 level.
Index has formed bearish with small upper and lower shadow on daily chart.
MACD is giving Crossdown which indicates more bearishness into the market.
Further support of nifty...
Third gap down opening of Nifty50 due to global causes and ended lower for entire trading session.
Another 125 points down into third gap down (nearly 624 points drop in last 3 trading session).
Nifty has formed small body green candle with upper and lower shadows. MACD is giving Crossdown.
Nifty broken the support of 22242 so, further support will be near...
Nifty opens huge gap down due to global cause.
Another 250 points which is around 1% nifty was down(A market drop of nearly 500 points in just two days).
Nifty has formed red body candle with long upper shadow which indicates participants were selling from lower end and made days low that is 22259.
MACD is on urge of Crossdown.
Nifty broken the support of...
Nifty open with gap up opening and bulls didn’t survive in the market and bear took control and made days low that is 21905 level.
Nifty has broken the trend line support and formed a red big candle with upper and lower shadow.
MACD is giving Crossdown.
90% of the candle is below the 9 days Exponential Moving Average line.
Index has broken the support...
After yesterday’s choppy session Nifty has move upward.
Index was not able to sustain above 9 days Exponential Moving Average line and formed small green body candle with upper and lower shadow.
MACD has given Cross down which shows bearishness into market.
Index has broken the support level which was 22023 so we may see weakness till 21854 with resistance...
Second winning strike of bears, in Today’s session.
Index opened with the negative note and at the end of the trading hours Nifty formed a bearish candle with lower shadow on the daily charts which is indicating that now bears are trying to capture the market. MACD is giving Cross-down.
Index has break the support of 21893 level we may see weakness till 21632...
