Market Overview: Nifty 50 Futures Nifty 50 Strong Bull Close on the weekly chart. This week, the market closed strongly on a bullish note near the upper trend line of the triangle pattern. The market is not yet in breakout mode, and the chances of a successful breakout are roughly 50-50 in either direction. Since […]

Market Overview: Nifty 50 Futures Nifty 50 Weak Bull Close on the monthly chart. After an initial rise, the market experienced a sharp fall in the last week of the month, resulting in a weak bullish close. The market is also forming a triangle pattern. On the weekly chart, Nifty 50 is currently trading at […]

Market Overview: Nifty 50 Futures Nifty 50 Strong bear close on the weekly chart. This week, the market confirmed it is trading within a triangle pattern and ended with a strong bearish close. Both sides still have equal chances of a breakout, as the overall market remains in a trading range phase. On the daily […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Flag on the weekly chart. This week, the market closed with a weak bullish finish, leaving a tail at the top. It is currently trading within a channel that also acts as a bull flag. The market is moving near the top trend line of this channel. […]

Market Overview: Nifty 50 Futures Nifty 50 Big Round Number 25000. This week, the market closed strongly on a bullish note and is now trading near the middle of its range. Traders can expect continued range-bound price action in the coming weeks, as the market is hovering around the key round number of 25,000. On […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Flag near All-Time High. This week, the market closed bullish with a long upper tail and is currently trading within a triangle pattern. After the bears made a strong reversal attempt, the bulls failed to continue the upward trend. Now, the market is in breakout mode, so […]

Market Overview: Nifty 50 Futures Nifty 50 Inside Bar Breakout on the monthly chart. This month, the market closed with a bearish candle that had a small tail at the top. It also broke down from the inside bar pattern, which increases the chances of a measured move down based on the height of that […]

Market Overview: Nifty 50 Futures Nifty 50 Breakout but Weak Breakout Bar on the weekly chart. This week, the market gave a breakout of the bear micro channel. However, the bulls failed to secure a strong close on the breakout. To confirm the breakout as successful, they now need a strong follow-through bar. On the […]

Market Overview: Nifty 50 Futures Nifty 50 Inside Bar on the weekly chart. After six consecutive bear bars in the bear channel, the market has now given a bull close. However, it remains in a bear micro channel since this week’s bar has not breached the high of the previous bar. On the daily chart, […]

Market Overview: Nifty 50 Futures Nifty 50 Bear Micro Channel on the weekly chart. This week, the market delivered another strong bearish close, with the candle ending near its low. However, it has still not reached the failed bull breakout’s measured move target on the downside. On the daily chart, Nifty 50 has broken below […]