Nagaraj P Shetti

Dec 5, 2024 | financialexpress.com | Nagaraj P Shetti

After showing a sustainable upmove in the last three sessions, Nifty shifted into a consolidation on Wednesday amidst volatility and closed the day higher by 10 points. A small red candle was formed on the daily chart with minor upper and lower shadows. Technically, this market action indicates a formation of a high wave type candle pattern at the highs and this reflects ongoing volatility in the market.

Nov 11, 2024 | mdpi.com | Shweta J. Malode |Mohammed Alshehri |Nagaraj P Shetti |Ali Alshehri

All articles published by MDPI are made immediately available worldwide under an open access license. No special permission is required to reuse all or part of the article published by MDPI, including figures and tables. For articles published under an open access Creative Common CC BY license, any part of the article may be reused without permission provided that the original article is clearly cited. For more information, please refer to https://www.mdpi.com/openaccess.

Oct 24, 2024 | financialexpress.com | Nagaraj P Shetti

After showing sharp weakness on Tuesday, Nifty shifted into a consolidation on Wednesday and closed the day lower by 36 points. A small positive candle was formed on the daily chart with an upper shadow. Technically, this formation indicates a type of bullish inverted hammer-type candle pattern, not a classical one. A sustainable move above the high of this pattern at 24605 could confirm the positive pattern for the short term.

Oct 18, 2024 | dx.doi.org | Madasu Sreenivasulu |Mohammed Alshehri |Nagaraj P Shetti

Aug 25, 2024 | economictimes.indiatimes.com | Nagaraj P Shetti

The underlying trend for Nifty remains choppy, but with a positive bias. A decisive move up could push the index towards 25,100-25,200 this week, according to technical analysts. Stocks like ICICI Bank Bajaj Auto , Samvardhana Motherson, Sun Pharma JSW Steel , Dixon, and Amber are showing positive bias on charts, said analysts.A small negative candle was formed on daily chart at the highs, within a narrow high-low range of 87 points.