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In the last truncated week, the equities rallied impulsively. NSE Nifty gained by 1023.10 points or 4.48 per cent in just ...
A head and shoulders pattern is bearish if the price drops below the second shoulder line. A typical head and shoulders pattern is characterized by an initial rally to a peak (the first shoulder ...
XRP is creating the first lower highs since November 2024. The price is trading inside a head and shoulders pattern. Will XRP break down from this pattern, ending its consolidation? Interested in ...
Yes, I feel the overall scenario should remain strong, still looking a very strong setup and inverted head and shoulder ...
If we were to plot a line chart using closing values, it becomes evident that the Nifty has formed an inverted head and shoulders pattern, with the April 7 close marking the right shoulder.
We already managed Today, we do have three interesting occasions with one pattern – inverse head and shoulders. First, one can be currently seen on Gold. We already managed to break the neckline ...
Copper, often seen as a global economic barometer, has historically shown a strong correlation with the Nifty index. Copper is flashing bullish reversal signals now. If copper’s bullish trend sustains ...
The latest report from JM Financial suggest that shares of State Bank of India may outperform Nifty Bank in the coming days ...
We are referring to the head-and-shoulders pattern, comprising three peaks, with the middle being the highest. A horizontal line drawn from the base of the three peaks, the neckline, marks the key ...
Nifty and Sensex are looking bullish with an inverted head and shoulder pattern on the daily line chart. The Nifty Bank index on the other hand made a bullish breakout above a crucial resistance ...
Global equity markets faced a sharp decline last week, with Nifty and Sensex down, but Nifty Bank index holding steady.
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