Market Overview: Nifty 50 Futures Nifty 50 Inside Bar on the weekly chart. This week, the market closed with a weak bearish candle, featuring a long lower tail and a small body. Currently, the market is forming an inside bar pattern. A major pattern on the weekly chart is the tight bull channel, and the […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Channel on the weekly chart. After four consecutive bull bars this week, the market gave a strong bear close, leading to a successful bear breakout of the bear channel. However, the bears now need strong follow-through bars. The bears’ attempt to reverse the Nifty 50 has not […]

Market Overview: Nifty 50 Futures Nifty 50 Outside Bar on the monthly chart. The market is forming a bull outside bar. This month, it closed with a strong bullish candle. After two consecutive bull bars, the chances of a reversal—despite the strong pullback—are very low. Instead, the market is more likely to enter a trading […]

Market Overview: Nifty 50 Futures Nifty 50 Trading Range on the weekly chart. The market gave a weak bullish close this week. After breaking out of the bear channel, it has moved into a trading range and is currently trading near the upper half of that range. On the daily chart, Nifty 50 has reached […]

Market Overview: Nifty 50 Futures Nifty 50 Double Bottom on the weekly chart. The market closed strongly bullish this week after forming a double bottom pattern. It also gave a bullish breakout from the bear channel. If the bulls can sustain this breakout, the chances of the market reaching the measured move up will increase. […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Gaps and Micro Channels. The market has shown a strong bullish close on the weekly chart and is currently trading near the upper region of the bear channel. However, it is still making lower lows, which indicates that the overall trend remains bearish. On the daily chart, […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Breakout on the weekly chart. This week, the market closed with a doji candlestick, featuring a long upper tail. For a successful bull breakout, the bulls need strong follow-through. On the daily chart, the Nifty 50 nearly reached the measured move of the measuring gap, but the […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Micro Channel on the daily chart. This week, the market closed strongly bullish and is now trading near the top of the bear channel. For a breakout to occur and halt the bear reversal, the bulls need a strong follow-through bar. On the daily chart, Nifty 50 […]

Market Overview: Nifty 50 Futures Nifty 50 Wedge Measured Move on the weekly chart. The market closed bearish this week with a small-bodied candle, providing weak follow-through to the previous strong bullish bar. Bulls were unable to push the price higher towards the top of the channel. Additionally, the market has broken below the wedge […]