Tech View: Nifty forms hammer candle, monthly support at 23,100 reaffirms strength. How to trade tomorrow

January 22, 2025

The hammer candlestick pattern indicates strong buying interest at lower levels, pointing to potential bullish momentum. The index held its key monthly support at 23,100, confirming its resilience. Immediate resistance is at 23,300, and a breakout could target 23,600 and 23,800 in the near term, said Mandar Bhojane, Research Analyst at Choice Broking.

More To Explore

Gold poised for weekly loss as US delays decision on Middle East involvement

Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.

June 21, 2025

Vanguard Group buys 1.1% stake in Vishal Mega Mart for Rs 655 crore

Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for ₹655 crore through

June 21, 2025

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

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