A very popular reversal pattern comparatively rare to spot, usually occurs when price action gets exhausted at the upside and forms three peaks, The middle one being the higher – Sell signal occurs when close is below the neckline – Volumes are highest during the breakdown comparatively to the previous peaks which signals bears are in full control of the next move.
Financials remain the backbone; cement, chemicals emerge as new leaders: Nischal Maheshwari
Market expert Nischal Maheshwari suggests a consolidation phase after a strong run. He anticipates a potential new high in the current fiscal year. Financials are
May 20, 2025