Market Overview: Nifty 50 Futures Nifty 50 Wedge on the weekly chart. This week, the market formed a small doji bar and is trading within a wedge pattern. The bull trend remains intact, as a reversal has not yet been confirmed. A successful breakout from the wedge in either direction will determine the next trend. […]

Market Overview: Nifty 50 Futures Nifty 50 Cup & Handle on the weekly chart. This week, the market closed with a strong bearish tone and is currently trading within a wedge and a bear channel. Over the past eight weeks, the bears have managed to produce strong bearish bars but have struggled to achieve follow-through, […]

Market Overview: Nifty 50 Futures Nifty 50 Bear Channel on the monthly chart. This month, the market formed a bearish bar that closed near its low, with a long upper tail. It is trading within a bearish channel after reaching the measured move target of the wedge top overshoot. On the weekly chart, the market […]

Market Overview: Nifty 50 Futures Nifty 50 Inside Bar on the weekly chart. This week, the market closed with a small bull bar following a strong bear bar that had closed near its low. The bull bar represents weak follow-through for the bear bar and is more likely to result in a trading range than […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Flag on the weekly chart. This week, the market formed a strong bearish bar, closing near its low, yet it remains within the bull channel. For the bull trend to reverse, bears need a strong follow-through bar and a decisive breakout below the bull channel. Currently, the […]

Market Overview: Nifty 50 Futures Nifty 50 Inside Bar on the weekly chart. The market on the weekly chart has closed bullish this week. This is the first time, after a strong bear reversal attempt, that the bulls have managed to produce consecutive bullish bars. The market is currently trading within a bull channel and […]

Market Overview: Nifty 50 Futures Nifty 50 Trading Range on the weekly chart. The weekly chart shows a bullish close this week, confirming the failure of the head and shoulders top pattern. This increases the likelihood of a trading range instead of a reversal. Additionally, the market has broken out of the bear channel with […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Channel on the monthly chart. This month, the market closed weakly in a bearish manner, showing poor follow-through after a strong reversal attempt by the bears. On the monthly chart, the market is trading within a bull channel. On the weekly chart, the Nifty 50 also closed […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Channel on the weekly chart. The market closed strongly bullish this week, breaking a seven-week bearish streak. It is currently trading near the bottom of a large bull channel while also moving within a smaller bear channel. On the daily chart, Nifty 50 is forming a wedge […]

Market Overview: Nifty 50 Futures Nifty 50 Tight Bear Channel on the weekly chart. The market this week closed strongly bearish and is currently trading within a tight bear channel, showing a bear overshoot. This marks the deepest pullback since the start of the bull trend, and its strength and depth indicate the potential for […]