Post Market Update

Nifty flat amid volatility Nifty Futures Chart Bears exerted downward pressure on the Nifty after an initially positive start. Sentiment remained somewhat weak as the market closed. Support is positioned at 21,850, and a breach below this level could potentially initiate a correction towards 21,700. On the upside, resistance is identified at 22,000. Shares of […]

Nifty bounces back Indian benchmark indices erased previous session losses and ended higher with Nifty above 21,900 on February 6.At close, the Nifty was up 157.70 points or 0.72 percent at 21,929.40. About 1983 shares advanced, 1285 shares declined, and 58 shares unchanged. A technical analysis of the daily chart revealed a flat opening for

Nifty fall on last-hour selling The last-hour selling pressure and profit booking dampened the market sentiment, as the Nifty50 lost 192 points from the day’s high and failed to hold on to the previous day’s low, i.e. 21,800. The index has formed a bearish candlestick pattern, which resembles a Bearish Engulfing kind of pattern (not