Nifty 50
1- On a daily scale nifty formed a Doji candle, which means it closed where it opens. On a weekly scale, it made a red candle.
2- Doji candles indicates that there is indecision in the market.
3-On 26th March nifty closed slightly up driven by buying and short covering.
4-India VIX fell by 9.03 percent from 22.69 to 20.65 levels.


Comments-
Bollinger Bands- Stock is moving in the upper level of Bollinger bands, indicating bullishness.
RSI- It is at 72 levels, expected to reach till 75 -80
Volume- There is not any sudden variation in volume, indicating trend continuation.


Comments-
Bollinger Bands- Stock has closed above the 20 SMA of Bollinger bands, indicating upward movement.
RSI- It is 58 level and expects to reach 65-70 level
Volume- There is not any sudden variation in volume, indicating a positive outlook.


Comments-
Bollinger Bands- Stock is moving along the upper Bollinger bands, indicating bullishness in the stock.
RSI- It is at 65 levels and expected to reach 75-80
Volume- There is not any sudden variation in volume, indicating trend continuation.

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