Nifty charts lack strength to sustain the highs. What should traders do on Friday

May 18, 2023

Nifty on Thursday formed a lower top formation on intraday charts and also formed a bearish candle on daily charts. This indicates that the market is weak and may not be able to sustain the highs. Chartists said confirmation of strength could be seen only above the key hurdle at the 18473 mark.

More To Explore

Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

Eternal shares surged 3% after Zomato increased its platform fee by Rs 2.40 per order, bringing it in line with rival Swiggy. This move follows

March 20, 2026

Rupee weakness likely to persist as oil prices stay elevated: Anindya Banerjee

The Indian rupee is at a critical point, falling past 93 against the US dollar. Crude oil prices and foreign investor outflows are pressuring the

March 20, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003