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Nifty Bank oscillated within a parallel channel, broadly in an ongoing flag pattern on the daily chart. The daily RSI is signalling negative divergence, hinting at potential exhaustion in momentum.
Following a strong rally from the ₹1050 zone and a brief consolidation phase, we are now witnessing a flag pattern breakout, indicating a strong trend resumption. Both breakouts are backed by healthy ...
The Strip District Business Association has mobilized a ‘Preserve the Strip!’ campaign to protest traffic-calming construction planned by the City of Pittsburgh on nine blocks of Penn Avenue. The City ...
With 60% of online businesses facing payment fraud, learn key detection and prevention strategies to protect your transactions from evolving threats.
In the broader view, Nifty Bank is forming a flag pattern, although confirmation is still awaited. The index is above the daily super trend support, a trailing stop level for positional traders.
Let’s examine. The total crypto market cap chart is flashing a bear flag pattern, characterized by a rising parallel channel forming after a sharp drop. Bear flags are considered bearish ...