#nifty50 gave a supply candle today with sellers overtaken buyers with 68 million volume. Means while candles and volume bar are both green but the...read more
Today #Nifty again gave a shakeout and took the downside liquidity and closed above the support mentioned yesterday 24834. However, there wasn't muc...read more
The Shakeout I was talking about for many days now done. The required pullback is completed. Market grabbed the liquidity from downside and created ...read more
Today's candle in #Nifty is a Intraday Liquidity Sweep candle. Shakeout from both sides in the index. Option writers do this so that retailers will ...read more
Market has tried to move up yesterday but the momentum has slightly weakened. Hence, yesterday's candle in #Nifty has given a hint of intraday trend...read more
The candle formed in Nifty today is a Divergent Candle. This means that after a dip toward support tomorrow, a bullish move can be expected....read more
Yesterday’s candle in Nifty was a Supply candle, which shows weakness coming into the market. However, this candle has not yet changed the bullish t...read more
So as I said earlier, Nifty touched the 24550 support level. The better part is, it gave a good bounce from there. So today’s candle is a demand can...read more
Today’s candle in #Nifty is a double demand candle. This means that selling was absorbed, and at the same time, the market gave a closing above yest...read more