Tag: market analysis

market analysis: Ahead of Market: 12 things that will decide stock action on Tuesday

As Nifty closed above the 11,000 level on Monday, it extended the recent run beyond the 200-day SMA for the second day running. The Put-Call...

The Week That Was: Ujjivan SFB among top gainers; Big Bull touch lifts Firstsource

NEW DELHI: Riding on global cues, the domestic stock market rose for another week as Covid-19 cases rose rapidly in India and many other parts...

Trade setup: Nifty seems to be in a dicey state, may halt recent trend

Friday’s session on Dalal Street saw rangebound trade, as Nifty oscillated in a 100-point range throughout before ending with gains for yet another day. The...

Market Movers: Telcos gain ahead of SC hearing; 122 stocks give ‘sell’ signals

NEW DELHI: Domestic benchmark indices squandered intraday gains to close in the red on Wednesday amid escalating geopolitical tensions between India and China. Selling in...

Trade setup: Nifty50 vulnerable below the 10,300-10,350 zone

In Monday’s technical note, we had pointed out that Nifty opening higher and then declining from the confluence area of two resistance levels will create...

Trade setup: Nifty50’s risk-reward skewed, don’t chase this up-move

The gush of liquidity continued to chase the equities and helped Indian indices close with gains for the sixth day in a row. The market...

F&O: F&O positions show Nifty may fall to 9,000, 8,800 levels

By Chandan Taparia Nifty started Tuesday’s session with marginal loss and remained sideways throughout the session. The index moved in a range of 100 points,...

Trade setup: Nifty outlook weak, any up-move will trigger profit taking

One more session of the market failed to capitalise on a strong start and succumbed to a weak technical setup. The Indian equity market started...

Nifty: F&O: Nifty trade setup negative to rangebound, may fall to 9,000

By Chandan Taparia Nifty started Friday’s session with a marginal loss and remained sideways throughout the session. It moved within a 100-point range, which was...

F&O: Lower highs & lows suggest Nifty may fall to 9,000 & 8,800

By Chandan Taparia Nifty started correcting from initial trades on Wednesday and moved towards the 9,100 mark. However, the index witnessed a sharp recovery from...

Trade setup: Nifty to continue bearish bias; avoid purchases

In a secular bearish day, Nifty began the week on a fragile note and ended with a deep cut. The market opened with a gap...

Trade setup: Nifty50 heading towards inflection point at 9,500; stay cautious

In a session that was more buoyant than expected, Nifty continued to inch higher with too many things happening too fast, as the index ended...

Trade setup: Nifty50 trapped in Rising Wedge; every rise making it vulnerable

It was yet another day of precarious trade, as the Indian equity indices inched higher to end on a positive note. Nifty saw a strong...

Trade setup: Nifty precariously poised; stay with defensive stocks and sectors

Despite ending on a positive note, domestic equities continued to remain in a relatively precarious position on the daily charts. Nifty saw a much better-than-expected...

Trade setup: Nifty may see stable start, but trading range set to get narrower

The domestic equity market refused to move out of the area pattern and displayed bearish tendencies on the expected lines on Tuesday, as the benchmark...

F&O: Nifty tech indicators have no signs of early trend reversal

By Chandan Taparia Nifty opened on a positive note on Friday, but the bears took the gap-up opening as a shorting opportunity and started dragging...