Tag: Trade setup

Nifty: Trade Setup: Nifty vulnerable to profit booking near 12,000-12,025 resistance zone

It was yet another day of consolidation for the Indian equity market as the benchmark indices ended with modest gains but made no major headway...

Trade setup: Trade Setup: Nifty might see profit taking bouts, show resistance at 11,900-12,000 levels

The domestic equity market posted gains for the seventh straight day on Friday as it went on to end the last trading day of the...

Trade setup: Trade Setup: Nifty may see stable start, but every cue is calling for caution

In listless trade, the domestic stock market spent whole of Friday’s session moving in a narrow, capped range before ending on a flat note. The...

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: 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...

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...

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...

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...