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A rare night view of Mount Kailash shows its snow-clad face glowing under moonlight, mirrored in Mansarovar Lake, with a shooting star adding divine beauty to the timeless landscape.
NASA estimates around 44 tonnes of meteoritic material fall towards Earth each day. Almost all of it is vaporised in the atmosphere, leaving glowing streaks visible across the night sky.
The Nifty formed a Shooting Star kind of pattern on daily charts on Wednesday which suggests that the market could have reached an intermediate top.
A bearish candle after a strong bullish candle is not a welcome sign for the bulls. But, as long as 9,965-10,000 on the index holds, bulls have nothing to worry, suggest experts.
A small bullish candle is formed when the index closes above its opening level but trades in a defined range.
On the options front, maximum Put OI was seen at strike prices 9,600 followed by 9,500 while maximum Call OI is at 9,800 and 10,000 strikes.
A strong bull candle after a bullish candle suggests that bulls are in control of D-Street and any dips seen today were largely bought into.
In the exact 'Shooting Star' formation, the distance between the lowest price for the day and the closing price must be very small or non-existent.
An asteroid half the size of a football field passed closer to Earth than any other known object of its size on Friday, the same day an unrelated and much smaller space rock blazed over central Russia, creating shock waves that shattered windows and injured 1,200 people.
Shooting Star is a bearish reversal pattern, appearing at market top. Its a small real body with long upper shadow and no lower shadow, which gaps away from the previous candle.
