Technical View | Nifty forms Bearish Belt Hold pattern, 17,992 crucial for further upside

The Nifty opened strong but profit-taking during the day trimmed gains and the index settled 35 points higher at 17,833. The index formed a Bearish Belt Hold pattern on the daily chart. The pattern is formed when the opening price becomes the highest point of the day and the index declines throughout the session, making the large body. The candle will either have a small or no upper shadow and a small lower shadow. Read here.

Take a look at these key events

Today
PM Modi to inaugurate two-day Science Conclave in Ahmedabad
NCP's two-day national executive meeting in Delhi
Motorola Edge 30 Ultra launch in IndiaTomorrow
21st anniversary of 9/11
CUET UG 2022 re-test
Stealth-guided missile frigate Taragiri to be launched

OMCs need more time to recover losses before they cut petrol and diesel prices: Oil Minister

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World Suicide Prevention Day: 5 NGOs in India offering help

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