The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,925 ...
The index has formed a lower low–lower high structure over the last three sessions and a bearish Marubozu candle, indicating that bearish momentum is likely to continue. As long as it holds ...
A weekly candle resembling Marubozu and weekly MACD histogram showing a reversal is pointing towards continuation of reversal with initial target seen at 360 and thereafter 375. Longs may be protected ...
The White Marubozu is a bullish candle with a long white body and no shadows, indicating strong buying pressure and a potential uptrend ...
The Black Marubozu is a bearish candle with a long black body and no shadows, indicating strong selling pressure and a potential downtrend ...
"Broader markets underperformed the Frontline Index as Mid and Smallcaps tanked by 1.66% & 1.24% respectively. A bearish marubozu open candle on the daily chart depicts a strong domination of bears ...
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