Tag: RSI

Dalal Street Week Ahead: Dalal Street week ahead: Tech bounce due, but Nifty upside to remain capped

In our previous weekly note, we had projected the market to show limited upsides and talked about the possibility of Nifty slipping into the consolidation...

market outlook: Dalal Street week ahead: Don’t try to ride any pre-Budget rally, stay defensive

In our weekly note last week, it was mentioned that market was showing the first signs of fatigue, as Nifty marked a high at 14,653....

market outlook: Trade Setup: Nifty setup extremely risky, don’t chase momentum

The previous session in the domestic equity market played out much on consolidation lines as the benchmark index oscillated within a defined range without making...

Stock Market: Trade Setup: Focus on defensive, non-discretionary stocks

The domestic equity market on Friday turned out once again on the expected lines as Nifty staged a strong pullback rally to end the day...

market outlook: Tech View: Profit booking likely if Nifty breaches 11,080

NEW DELHI: Nifty50 shed 100 points on Thursday to settle July futures & options series at 11,102. The index has been seeing selling pressure at...

Nifty: Trade setup: Nifty resilient; don’t chase the rally blindly, use it to protect profit

The domestic equity market further narrowed its trading range on Friday, as the indices oscillated in a very limited range throughout the session to end...

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...