Crypto charts are an essential trading tool. Let's explore what these charts are today, along with their types and how exactly their patterns work
Nifty50 is trading below both its short term and long term moving average which is slightly bearish in nature. 200-Day SMA is considered as a crucial level by technical chartists to define the long term trend of the market.
KST indicator which was developed by Martin Pring is an amazing way to look at the cyclicality in the markets.
A word of caution, India VIX has cooled to 18.62 but it still remains high. So, traders should initiate long positions while keeping strict stop losses
For bulls to take control, Nifty has to reclaim 11,520 levels.
We have collated top ten data points on how to help you in spotting profitable trade.
The market is consolidating in a narrow range near its crucial support level, which still warrants some caution as a breakdown could take the index towards even lower levels from here.
The trend is intact on the downside. These one-day rallies, two-day or even five-day rallies will come about. After all, corrections are part of the trending process says Sudarshan Sukhani
Sushil Kedia of ATMA joins CNBC-TV18 to give his perspective on the technical charts for the market today.