scorecardresearchTechnical View: Nifty forms small bearish candle on weekly chart; weakness may continue, say analysts

Technical View: Nifty forms small bearish candle on weekly chart; weakness may continue, say analysts

Updated: 13 Apr 2022, 05:02 PM IST
TL;DR.
  • Nifty opened at 17,599.90 against the previous close of 17,530.30 and touched intraday high and low of 17,663.65 and 17,457.40 respectively. Nifty eventually settled 55 points, or 0.31 percent, lower at 17,475.65.
The market will react to two major earnings i.e. Infosys and HDFC Bank on April 18. Besides, any major development on the global front in the next four days would also impact the sentiment.

The market will react to two major earnings i.e. Infosys and HDFC Bank on April 18. Besides, any major development on the global front in the next four days would also impact the sentiment.