For the fifth time this year, Nifty and Sensex have closed above 6,000 and 20,000 respectively. Both indices have approached their resistance levels as depicted in the charts below. Moreover, both Nifty and Sensex have their lifetime highs (double tops) at 6357.1 and 21206.8 respectively and thes... (more) Pharmaceutical sector stocks have been bullish since the past few months and majority of them have resisted the fall seen in Nifty. Cipla yesterday re-tested its breakout zone at around 428 and eventually closed at a life-time high of 437.05.
Here is a great video that I came across which details all the major types of candlesticks. The major types of candlesticks discussed in this video are:
1. Doji... (more)