By Rohan Patil Bears continued to tighten their grip on the Indian market last week and closed in red with a fall of more than two per cent in two consecutive weeks. In the previous week, prices have formed a bullish ABCD harmonic pattern on the weekly chart and it continued to trade with the […]
Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as U.S. inflation data delivered no nasty surprises, reinforcing hopes the Federal Reserve will likely go for a smaller rate hike when it meets next week. Investors piled back into stocks in U.S. markets overnight as fears about contagion in the […]
By Shivangi Sarda NSE Nifty 50 index opened flattish on Wednesday and witnessed buying interest from the first hour of the session. It took support near 16442 levels and headed towards 16650 zones then finally closed with gains of around 160 points. It formed a Bullish Engulfing candle or an Outside Bar on daily scale […]