In case of SBI-ETF Nifty 50, VWAP, or volume-weighted average price, is a technical analysis tool used primarily on intraday charts ... which is why it gives more weightage to those price points ...
Nifty 50 formed a small-bodied candle on the daily chart, indicating indecision. On the weekly chart, Nifty 50 formed a long bull candle that engulfed the previous two weeks’ candle formation.
Axis Bank share price today, January 17: The NSE compiled Nifty 50 ... on the weekly chart, further amplifying negative sentiment. Additionally, the index fell below the crucial 50-EMA on the ...
Nifty opened mildly in the green however witnessed follow through selling pressure and closed down ~389 points. On the daily charts we can ... we shall assign more weightage to the price action ...