Key Points
Indian shares surrendered early gains to end sharply lower on Tuesday, dragged by banking, financial, and energy stocks..
"On the technical charts, Nifty formed a huge bearish engulfing candlestick..
If broken, Nifty may see a big correction as there lies no major support," said Sheersham Gupta, director and senior technical analyst at Rupeezy...
On the daily time frame, IDFC First Bank Ltd has given a breakdown of the Rectangle Pattern on the downside, indicating a negative trend in the stock..
Max Financial Services has established a robust support zone between 860 and 880 on its daily chart, witnessing active selling and driving the stock downward..
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