The identical three crows’ candlestick is a bearish reversal pattern. The pattern occurs when the bears overtake the bulls during three consecutive trading sessions. The pattern shows three bearish long body candles on the pricing chart with short or no shadows. This pattern usually indicates a weakness in an established uptrend as well as the potential emergence of a downtrend.

The stock of SpiceJet Limited has given a downward sloping trendline breakout as on November 11, 2020, and thereafter, witnessed over 100 per cent upside in just 21 trading sessions. However, on Monday, the stock has formed a bearish island reversal pattern on the daily chart.

Global Aviation software specialist Ramco Systems announced on Monday that it would implement its flagship aviation software, Ramco Aviation M&E MRO Suite for Iberia Maintenance (Iberia MRO), one of Europe’s leading MRO service providers in IAG Group. 

On Monday, bears created chaos as the domestic markets witnessed a sharp fall i.e. the biggest intraday fall since March 2020.  

Oil & Natural Gas Corporation (ONGC) undertook the process of producing oil during the weekend from the well Asokenagar-1, Bengal Basin in 24 Paragana district.  

The market opened in red on December 21, 2020.

The market opened in red on December 21, 2020, overall volumes in futures & options currently stand at 1,84,60,466 contracts with a turnover of Rs. 15,96,153.71 crore.

The shares of Future Retail surged more than 5 per cent post the verdict given by Delhi High court on the ongoing tiff between RIL and Future Group on one side and Amazon on the other.  

On Monday, Sensex was comparatively flat with a positive bias, up by 35.71 points or 0.08 per cent at 46,996.40 levels.  

Taking into consideration the increasing commodity prices, Mahindra & Mahindra (M&M) announced on Monday that it is planning to increase the prices of its tractors. Reacting to this, the stock of M&M soon slumped nearly 3 per cent on BSE.