Market Overview: Nifty 50 Futures Nifty 50 Weak Pullback on the weekly chart. This week, the market once again formed a weak bear bar with a tail at the bottom. However, these bear bars lack the strength to reverse the robust bull trend. Notably, this marks the first pullback on the weekly chart following the […]

Market Overview: Nifty 50 Futures Nifty 50 Big Round Number on the weekly chart. On the weekly chart, a notable event unfolded as the market formed another outside bar pattern, hinting at a potential increase in trading range price action. Despite a weak bear close this week, it is insufficient to reverse the prevailing strong […]

Market Overview: Nifty 50 Futures Nifty 50 Outside Bar on the weekly chart. The weekly chart indicates a strong bull close following the indecisive doji bar of the previous week. Nifty 50 maintains its position within a robust tight bull channel and is approaching the formidable big round number 22000, a significant resistance level. On […]

Market Overview: Nifty 50 Futures Nifty 50 Breakout Gap on the weekly chart. This week, the market presented a small bear doji bar, yet it continues trading within the Bull Micro Channel. The prospects of a bear reversal remain low as the market sustains a robust bull trend. Despite several attempts, bears have been unsuccessful […]

Market Overview: Nifty 50 Futures Nifty 50 Wedge Breakout on the monthly chart. The market showed strength this month with a robust bull bar closing near its high, marking a strong bull breakout of the wedge top. The Nifty 50 on the monthly chart continues in a strong bull trend, so bears should refrain from […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Micro Channel on the weekly chart. After an extended period of bull bars, the Nifty 50 has formed a bear. This week, the market formed a weak bear bar that has no chance of leading to a reversal. Second leg up is likely ahead of any significant […]

Market Overview: Nifty 50 Futures Nifty 50 Bull Breakout on the weekly chart. On the weekly chart, the Nifty 50 produced yet another strong bull close. The market is currently creating seven straight bull bars, which makes it more difficult for bears to enter the market. The bull channel has seen a robust bull breakout […]

Market Overview: Nifty 50 Futures Nifty 50 Big Round Number on the weekly chart. The market is still moving within a strong, broad bull channel after forming another powerful bull bar that closed close to the weekly high. The bull channel’s high and the 21000 mark will both serve as strong price resistance points. Following the […]

Market Overview: Nifty 50 Futures Nifty 50 Head and Shoulders on the monthly chart. The Nifty 50 made a strong bull bar and closed close to its high this month. It is currently trading close to the wedge-top pattern’s top.  Bulls may expect this trend to continue until the measured move is reached, as the Nifty […]

Market Overview: Nifty 50 Futures Nifty 50 Inside Bar Measured Move on the weekly chart. This week, the market gave a small bull close, and it is currently trading within the expanding triangle and the trading range. The market is moving closer to the inside bar measured move after the weekly chart of the Nifty […]