The price trend for Emerson Electric (EMR) has been bearish lately and the stock has lost 8.1% over the past four weeks.
Nomura (NMR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend ...
A downtrend has been apparent in Carnival (CCL) lately. While the stock has lost 7.6% over the past two weeks, it could ...
Any fall below 23,500 can take the Nifty 50 towards 23,300 zone, but sustaining above 23,700 can bring the positivity and ...
This bullish pattern typically shows up after a market decline to suggest a potentially aggressive upside move may be on the horizon. A hammer is a bullish single candle signal of the conclusion ...
The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 23,845 level, a discount of nearly 52 points from the Nifty futures’ previous ...
An analyst from Swastika Investmart said that TCS has experienced profit booking from higher levels and is currently trading ...
As long as the index trades above 23,700 level, the immediate resistance zone is at 23,900–24,000, followed by 24,300 as the next hurdle. However, 23,500 is expected to act as a key support area, ...
The color of the candlestick's body indicates whether the security is bullish ... patterns, including single, double and triple patterns. Some common examples include doji, hammer, engulfing ...