Wednesday’s trade setup exhibited a choppy movement throughout the day. This followed the Doji candle formation that we analyzed in the previous blog, which appeared on the daily timeframe. As we discussed, a breakout on either side of the Doji—upward or downward—can signal a trend-following or trend-reversing move. However, despite the choppy price action for … Read more
The reciprocal tariff escalation from the trade war, along with ongoing negotiations for a deal with the US, has created a mixed situation in the market. The market has become uncertain for both bullish and bearish traders. Today, the market opened with a gap of nearly 200 points, but it failed to sustain that movement … Read more
The market is creating a highly uncertain situation for both long-term traders and those making a few short-term trades based on various analyses. The market reacts to global cues, and today we can see the effect of those global cues in the market’s trading setup.” Today, the market opened more than 1100 points down and … Read more
Following the global cues, the market is witnessing a bloodbath. It is making a straightforward fall on a steady basis. Today, the market fell nearly 350 points and closed around 22,900, below the 23,100 mark. Today, the market opened nearly 50 points down. After that, it witnessed a drastic fall and reached around the 22,900 … Read more