Market Overview: Nifty 50 Futures Nifty 50 Tight Trading Range on the weekly chart. This week, the market gave a weak bearish close with a small body and tails on both sides. It attempted a bearish breakout of the trading range but failed to deliver a strong close. On the daily chart, Nifty 50 had […]

Market Overview: Nifty 50 Futures Nifty 50 Bear Outside Bar on the weekly chart. This week, the market gave a very strong bear close, closing below several previous weekly bars. In the previous week, the bulls attempted a breakout, but they failed to get good follow-through this week. On the daily chart, Nifty 50 gave […]

Market Overview: Nifty 50 Futures Nifty 50 Wedge Top on the monthly chart. This month, the market posted a weak bear close with a long tail at the bottom and a small body. Currently, the market is trading near the top of the wedge. On the weekly chart, Nifty 50 has shown strong follow-through this […]

Market Overview: Nifty 50 Futures Nifty 50 High-1 Breakout on the weekly chart. This week, the market gave a weak close with a long tail at the top and a very small body. The market showed a bull breakout of the high-1 but failed to deliver a strong close, and it is still trading inside […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Channel and Wedge on the weekly chart. The market closed this week with a weak bullish candle and a small body. It is still trading inside the bull channel and is now near the lower trend line of the channel. Bulls have not shown strong follow-through after […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Channel on the weekly chart. This week, the market closed weakly bearish with a long lower tail. It is currently trading near the bottom trend line of the bull channel. On the daily chart, Nifty 50 is showing trading-range price action after breaking out above its all-time […]

Market Overview: Nifty 50 Futures Nifty 50 Increasing Trading Range Price Action on the weekly chart. This week, the market closed weakly on the bearish side and continues to trade within the bull channel. Bulls were unable to provide strong follow-through after the breakout above the all-time high. On the daily chart, the Nifty 50 […]

Market Overview: Nifty 50 Futures Nifty 50 All-Time High Breached. The market delivered a strong bullish close this month and is now trading near the top of a wedge. For a confirmed breakout above the all-time high and the wedge, bulls need a strong breakout bar followed by a follow-through bar. On the weekly chart, […]

Market Overview: Nifty 50 Futures Nifty 50 Near All-Time High. The market this week closed with a weak bull candle featuring a top tail, but it is still trading inside the bull channel. If traders manage to get a strong bull breakout with solid follow-through, a measured move up can be expected. On the daily […]

Market Overview: Nifty 50 Futures Nifty 50 Trend Resumption Attempt on the weekly chart. This week, the market closed with a strong bull bar after last week’s weak bear close. This bull bar has broken the previous bar’s high, forming a high-1 breakout. However, traders should keep in mind that the all-time high is just […]