SP500 has had some correction over the last few days. Let us analyse that in the context of price action over a longer term chart. If we draw a trend line from the 2018 Jan high we can see that…
Category: Markets and Sports
Nifty Weekly Bearish Engulfing Candle
Nifty has given an engulfing candle on the weekly charts. This pattern involves two candles with the latter candle 'engulfing' the entire body of the candle before it. Engulfing candles tend to signal a reversal of the current trend in…
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Face of Indian Retail Sector Set to Change
The effect on the retail segment is evident from the country’s GDP that has tanked down considerably. Read to understand the impact Covid19 has on India's retail sector.