Yet another narrow-ranged daily candle confirms that the momentum has worn off. Read the full report to know more…
Nifty 50 concluded by closing below the prior day's close, after seven consecutive closes higher than the prior days. Read the full report to know more.
The daily candles in Nifty 50 have been narrowing over the past 3 days, including today, which suggests that the momentum is slowing down.
The RSI indicator is at overbought levels on the daily time frame and extremely overbought at lower time frames. Read the full report to understand its implications.
Market Analysis - Nov'23: FPI resurgence fuels Indian market, Nifty & Sensex best in 2023.
Yet another surge in the markets recorded a new high, followed by a continuation pattern that we discussed last week
Weekly Indian stock market snapshot - bullish trend, strong GDP growth, and global optimism drive NIFTY50 to new highs.