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 […]

Market Overview: Nifty 50 Futures Nifty 50 Bear Channel on the weekly chart. This week, the market closed strongly in a bullish move. However, it is still trading within a bear channel and is currently near the bottom of the channel. On the daily chart, Nifty 50 broke out of a tight bear channel, but […]

Market Overview: Nifty 50 Futures Nifty 50 Bear Reversal on monthly chart. This month, the market closed with a strong bearish trend, marking the fifth consecutive bearish close. The market is now forming a second leg down, making this reversal the strongest since the beginning of the bull trend. On the weekly chart, Nifty 50 […]

Market Overview: Nifty 50 Futures Nifty 50 Key Price Action & Breakout Analysis on the weekly chart. The market is currently trading within a wedge bottom and has not yet given a breakout. This week, it closed with a bearish candle that has a very small body. Traders should wait for the upcoming week’s close, […]

Market Overview: Nifty 50 Futures Nifty 50 Bear Channel on the weekly chart. The bulls attempted to break out of the wedge but failed to secure a strong close. Now, the bears are trying to achieve a successful bear breakout. The market is trading within a bear channel. On the daily chart, Nifty 50 is […]

Market Overview: Nifty 50 Futures Nifty 50 Wedge Bottom on the weekly chart. This week, the market closed with a weak bullish sentiment and has yet to break out of the wedge bottom. It is also forming inside and outside bars, indicating a trading range price action. On the daily chart, Nifty 50 is trading […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Channel on the monthly chart. This month, the market closed weakly bearish, with long tails on both sides of the bar. It is currently trading near the bottom of the bull channel. On the weekly chart, Nifty 50 is trading within a wedge and has formed an […]