For the Nifty50, the MACD indicator is in process of a positive crossover below zero line. If this happens, then the index can move higher in the coming weeks
Here's a look at what the technical chart indicates for the headline indices for this week -
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
The 50-stock Nifty has moved between support at 10,450 on the downside and tested resistance at 10,900 unsuccessfully
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
The February 2018 has triggered a sell signal. That's less than a week old but the market has fallen over six per cent in four sessions
Nifty outlook and few trading ideas by Sacchitanand Uttekar, Asst.Vice President - Research Technicals (Equity), Tradebulls Securities:
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher