Last week, Indian markets sent out mixed signals, making the near-term outlook uncertain. A Reverse Hammer formed on the Nifty Futures daily chart last Friday, which also qualifies as a buy failure—a strong sell signal. Notably, this was the second close below the previous pivot low of 7th November, which is clearly not encouraging for the bulls. Nifty Futures daily chart showing a Reverse Hammer closing below support However, Bank Nifty tells a different story. It posted a c

After a very choppy December with numerous false signals, Nifty finally broke out of a range last Friday to close at an All Time High generating a Triple Top buy signal on the weekly chart. Weekly chart of Nifty showing a strong triple top breakout The broader market has performed in tandem. Consider below: ✅ Banknifty has also closed at a new ATH last Friday. The weekly candle is a long Bullish Engulfing that engulfs the prior 5 candles , a strong buy. Weekly chart of Bankn

It’s been a strong week for the Indian markets. Nifty not only touched a new all-time high but also closed at one. Most broader indices moved up as well, except the SmallCap Index. Here’s a quick look at the weekly charts: 1️⃣ Nifty – Formed an outside candle and closed at a fresh all-time high. 2️⃣ BankNifty – Continued its steady uptrend to a new ATH. 3️⃣ CNX IT – Broke out of a double-bottom pattern. 4️⃣ CNX MidCap – Formed a bullish engulfing candle after breaking out two

Nifty has formed a piercing pattern and Nifty Futures a hammer on their respective daily charts after taking support at the gap up between last Tuesday and Wednesday. Bullish formations both. The weekly chart shows a bullish engulfing pattern which is also a 2nd breakout from prior pivot resistance at 25670. Weekly Chart of Nifty showing a Bullish Engulfing Pattern that breaks out of a 3 week range Daily chart of Nifty Futures showing a hammer at overnight gap support The set

Nifty and other frontline Indian indices make a bearish pattern last week - what to expect next?

After a largely uninterrupted bull run for exactly 2 months, the first great breakdown came on Friday, October 10th, caused by a 100% tariff announcement on Chinese imports by Trump. A big red candle breaking multiple supports and opening up the floodgates for further downside. However, the price action that unfolded over the last couple of weeks (see below) marks a great sell failure and points to continued upside. 1️⃣ As Trump publicly softened his stance over the weekend,

Bullish candle on weekly chart for week ended Oct 3, 2025- what lies ahead?

Nifty downtrend confirmed - What lies ahead?

The bullishness in US markets continues unabated. DJIA has broken out of a strong resistance zone to make a new ATH in the week prior to...

Dow and S&P made an ATH last Friday but could not sustain and came down by the end of the session to form bearish candles. While Dow...

Nifty downtrend confirmed - What lies ahead?

💡 Nifty has shown remarkable resilience in the week gone by in the face of adverse geopolitical circumstances, a falling rupee and...

If you look at the weekly charts of leading indices from across the world - US, Europe, Asia including China - what strikes you is that...

Nifty and Banknifty have given a sell signal on weekly charts by forming a Bearish Engulfing pattern with Banknifty having done so just 3...

They say the market has a mind of its own - it could not be truer in the present context in the middle of all the uncertainty and chaos,...

The markets have been through a rough phase weathering a slew of flip flops on reciprocal tariffs ever since they were announced on Apr...

The last all time high on Nifty was made on 27th of September, 2024 at 25277. It has been 5 months of a cold and harsh winter ever since....

The Indian markets look ripe for a rebound, even if a temporary one, going by the price action of last week. Given below are weekly...

The market action on Friday the 13th  delivered a potent mix of volatility and bullish momentum, with significant implications across...

The last week saw the resumption of the post election uptrend un DJIA with a strong close last Friday, just a couple of hundred points...