Market Overview: Nifty 50 Futures Nifty 50 Bull Channel Breakout on the weekly chart. Market gave a weak bear close this week on the weekly chart. After a strong bear breakout, the bears have struggled to get a solid follow-through, though they managed to secure two consecutive bear closes post-breakout. The market is not yet […]
Nifty 50 Micro Double Bottom
Market Overview: Nifty 50 Futures Nifty 50 Micro Double Bottom on the weekly chart. The market on the weekly chart closed with a weak bearish candle, showing a tail at the bottom. This week’s candle is forming a micro double bottom pattern with the previous swing low. Overall, the market remains in a strong bullish […]
Nifty 50 Measured Move Target
Market Overview: Nifty 50 Futures Nifty 50 Measured Move Target of the Wedge Overshoot. The market had a small bullish close with tails on both ends in September. It continues to trade in a strong bull trend with no significant signs of reversal so far, meaning traders should avoid shorting the market or exiting their […]
Nifty 50 Bull Micro Channel
Market Overview: Nifty 50 Futures Nifty 50 Bull Micro Channel on the weekly chart. The market has formed a third consecutive bull bar, continuing the bull micro channel. This week, it also reached the measured move target following the outside bar bull breakout. The market successfully closed above 26,000. On the daily chart, the Nifty […]
Nifty 50 Outside Bar Breakout
Market Overview: Nifty 50 Futures Nifty 50 Outside Bar Breakout on the weekly chart. Nifty 50 had a strong bullish close this week, continuing the breakout above the 25,000 level. The market also saw a bullish breakout of the outside bar, resulting in a measured upward move based on the height of the bullish bar. […]
Nifty 50 Outside Bar Fail
Market Overview: Nifty 50 Futures Nifty 50 Outside Bar Fail on the weekly chart. Overview The market closed strongly bullish on the weekly chart this week. This marks the second consecutive outside bar (first a bearish outside bar, followed by a bullish one), increasing the likelihood of trading range price action for the upcoming week. […]
Nifty 50 Outside Bar
Market Overview: Nifty 50 Futures Nifty 50 Outside Bar on the weekly chart. This week, the market on the weekly chart has shown a strong bearish close. The market failed to achieve a successful bullish breakout above the previous swing high. After a bearish breakout from the tight bull channel, the market has now moved […]
Nifty 50 Breakout Gap
Market Overview: Nifty 50 Futures Nifty 50 Breakout Gap on the monthly chart. The market is currently in a strong bull trend. This month, it achieved a third consecutive strong bull close and is now approaching the wedge overshoot measured move target. In the upcoming week, the market might form a small bear bar due […]
Nifty 50 Micro Double Top
Market Overview: Nifty 50 Futures Nifty 50 Micro Double Top on the weekly chart. The market this week formed a bullish bar on the weekly chart, marking three consecutive bullish bars following a weak pullback. The market is now trading within a three-bar bull micro channel and is approaching a sideways movement, while also forming […]
Nifty 50 High-1
Market Overview: Nifty 50 Futures Nifty 50 High-1 signal bar’s high has been breached this week. The market this week closed with a strong bullish momentum. The bull bar closed near its high with only a short tail at the bottom. Bears once again failed to produce a bear bar, reducing the likelihood of a […]