It is a one-day candlestick pattern in which there is a small red real body with a lower shadow extending from the body and is formed at the top of an uptrend.
Taking Stock: Bull run continues on seventh day; Nifty hits fresh record high, Sensex up 528 pts
Biggest gainers on the Nifty were Adani Ports, Adani Enterprises, Apollo Hospitals, Axis Bank and Power Grid Corporation, while losers included Jio Financial, Coal India, ONGC, Bajaj Finance and LTMid-day Mood | Markets up 7th day in a row, Nifty futures scale 20,000
The momentum continued in broader markets as well, with the Nifty Midcap 100 up 1 percent and the smallcap 100 1.3 percentNifty 50 scales fresh record highs; tops 20k-mark as investors shrug off global jitters on strong macros
The Sensex and Nifty 50 gained over 2 percent last week. The gains came despite a spike in crude prices, a rise in the dollar index, a surge in yields on the US 10-year bonds, and continuous selling by FIIs.Looking for a multibagger? Puneet Khurana shares success mantra for finding one
“The trap most retail investors fall for is that they are constantly looking for the ‘next’ good idea and they often end up ignoring the stocks in their existing portfolios that have potential to become multibaggers. The multibaggers are not an outcome of shifting from one stock to the next, it is a matter of holding it for a good stock long enough to give you outsized returns.”
Golden Crossovers: YES Bank among 5 stocks signaling further bullishness
Big movers on D-Street: What should investors do with Tata Power, Shemaroo Entertainment and Landmark Cars?
The counter is currently experiencing a downward trend, residing within a supply zone located around Rs 200. The overall structural condition appears to be distorted, primarily because it is trading below its vital moving averages.
Cochin Shipyard, MMTC among 9 stocks that closed above last week’s high and gained between 30-70%
G20 India moment will be remembered for a very-very long time: Sunil Bharti Mittal
As soon as India’s turn came and India assumed the presidency of G20, our Prime Minister took upon himself to leave at least one big legacy that was focussed on Africa and I would say it is a great day for G20, a great day for India, in particular a great endorsement of Prime Minister Modi’s leadership on the global stage to have got this particular consensus through by inclusion of AU as a permanent member of G20.