Market Outlook 25th JULY 2025
A long black candlestick has formed on the daily chart of the Nifty index, engulfing the previous session's small white candlestick. From a technical perspective, this market move is signaling the formation of a bearish engulfing pattern. This is a negative sign. Bearish chart patterns such as lower tops and bottoms are intact and Thursday's swing high of 25246 could become a new lower top for the pattern. The immediate resistance of 25250 remains active and the Nifty index reversed lower from near the mark on Thursday. "
The Bank Nifty also ended lower but outperformed the benchmark Nifty 50, declining by 144 points to close at 57,066. The index attempted to break above a falling resistance trendline, but could not sustain the breakout, forming a bearish candle with a lower shadow on the daily chart. Notably, the index managed to defend both the midline of the Bollinger Bands and the 20-day EMA, which is a positive signal.
#MarketOutlook, #Nifty, #BankNifty, #BearishEngulfing, #CandlestickPatterns, #TechnicalAnalysis, #StockMarket, #Nifty50, #ResistanceLevel, #LowerTops, #ChartPatterns, #BollingerBands, #20EMA, #BearishReversal, #IndianMarkets
A long black candlestick has formed on the daily chart of the Nifty index, engulfing the previous session's small white candlestick. From a technical perspective, this market move is signaling the formation of a bearish engulfing pattern. This is a negative sign. Bearish chart patterns such as lower tops and bottoms are intact and Thursday's swing high of 25246 could become a new lower top for the pattern. The immediate resistance of 25250 remains active and the Nifty index reversed lower from near the mark on Thursday. "
The Bank Nifty also ended lower but outperformed the benchmark Nifty 50, declining by 144 points to close at 57,066. The index attempted to break above a falling resistance trendline, but could not sustain the breakout, forming a bearish candle with a lower shadow on the daily chart. Notably, the index managed to defend both the midline of the Bollinger Bands and the 20-day EMA, which is a positive signal.
#MarketOutlook, #Nifty, #BankNifty, #BearishEngulfing, #CandlestickPatterns, #TechnicalAnalysis, #StockMarket, #Nifty50, #ResistanceLevel, #LowerTops, #ChartPatterns, #BollingerBands, #20EMA, #BearishReversal, #IndianMarkets
Market Outlook 25th JULY 2025
A long black candlestick has formed on the daily chart of the Nifty index, engulfing the previous session's small white candlestick. From a technical perspective, this market move is signaling the formation of a bearish engulfing pattern. This is a negative sign. Bearish chart patterns such as lower tops and bottoms are intact and Thursday's swing high of 25246 could become a new lower top for the pattern. The immediate resistance of 25250 remains active and the Nifty index reversed lower from near the mark on Thursday. "
The Bank Nifty also ended lower but outperformed the benchmark Nifty 50, declining by 144 points to close at 57,066. The index attempted to break above a falling resistance trendline, but could not sustain the breakout, forming a bearish candle with a lower shadow on the daily chart. Notably, the index managed to defend both the midline of the Bollinger Bands and the 20-day EMA, which is a positive signal.
#MarketOutlook, #Nifty, #BankNifty, #BearishEngulfing, #CandlestickPatterns, #TechnicalAnalysis, #StockMarket, #Nifty50, #ResistanceLevel, #LowerTops, #ChartPatterns, #BollingerBands, #20EMA, #BearishReversal, #IndianMarkets
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