Posted by OluwaFemi. on 19 February, 2025 under Naija News 0 The Federal Government has urged retailers to reflect the reduction in food prices and shun exploiting consumers. Abubakar Kyari, the Minister of Agriculture and Natural Resources, stated this on Tuesday during the 2025 Wheat Farmers Green Field Day at Dabi village in Ringim…
Indian markets broke their 8-session falling streak after recovering from day’s low, thanks to the heavy lifting done by HDFC Bank while getting support from Reliance Industries (RIL) and Bajaj Finance. While the 30-stock S&P BSE Sensex finished at 75,996.86, gaining by 57.65 points or 0.08%, the broader Nifty rose by 30.25 points or 0.13%…
Trading can often be a daunting task, but recognizing specific patterns can provide essential insights for decision-making. One of these patterns is the Bullish Harami, a formation that frequently signals a shift in momentum. By identifying this pattern, traders can better navigate potential changes in market trends. Technical analysis relies heavily on candlestick patterns to…
Nifty ended Wednesday’s session near the flatline to form a small red candle on the daily chart, and indicate a probable halt in downside momentum. The immediate support of the ascending trend line has been broken on the downside recently and the significant opening downside gap of 5th August remains unfilled. This is a negative…
Nifty on Tuesday ended 125 points lower to form a bearish candle on the daily chart as it recorded losses for the third straight session. The short-term trend remains weak. But, having placed near the cluster support of around 22,000 levels, one may expect an upside bounce from the lows in coming sessions. Immediate resistance…
Akwa Ibom State Governor, Pastor Umo Eno has flagged off the Food Security Programme of the State Bulk Purchase Agency with the presentation of food vouchers to vulnerable members of the society. The Governor also released 368 Android Tablets pre-loaded with electronic versions of the Social Register per ward to drive the Free Food scheme…
Nifty on Thursday ended 173 points higher to test the immediate hurdle of short-term moving average i.e. 20-EMA, but it couldn’t surpass it amid weekly expiry. On the daily charts we can observe that the index is in the process of retracing the fall it has witnessed from 22,526 – 21,710. The key retracement levels…
Nifty on Wednesday ended 338 points lower to slip below its immediate support of the short-term moving average i.e. 20-DEMA and also breached the trendline support. The bullish pattern like higher tops and bottoms continued on the daily chart and the present weakness could be in line with the new higher bottom formation. But a…
