EXPERTS ON MARKET TECHNICALS
Nifty gains continue amid narrowing trading range and low volatility The markets continued with their unabated upmove in the week that went by and ended once again with net gains. While continuing with the advance the Nifty 50 Index extended its move higher. However, as compared to the previous week, this time, the t...
06 Jul, 2024, 05.14 PM ISTTech View: Nifty bulls strong till 24,200. Here’s how to trade next week With the underlying trend of Nifty being positive, possibility of an upside breakout around 24,400-24,500 levels in next few sessions looks plausible. Analysts see immediate support at the 24,170 level.
05 Jul, 2024, 06.07 PM ISTAhead of Market: 10 things that will decide D-Street action on Friday While the Nifty's overall trend appears positive across different time frames, it is currently facing resistance around the 24,400 level, which coincides with a 1.618% Fibonacci Extension. This suggests the possibility of a temporary consolidation o...
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Ahead of Market: 10 things that will decide D-Street action on Thursday Benchmark BSE Sensex breached the historic 80,000 level intraday for the first time while Nifty raced more than 162 points to close at a fresh lifetime high on Wednesday following heavy buying in banking and FMCG shares amid firm global market trend...
03 Jul, 2024, 09.13 PM ISTAhead of Market: 10 things that will decide D-Street action on Wednesday The Nifty's upward trajectory persists, with any potential dips or consolidation presenting buying opportunities, according to the prevailing bullish pattern.
02 Jul, 2024, 09.42 PM ISTAhead of Market: 10 things that will decide D-Street action on Tuesday Nifty continues its upward trajectory, displaying positive chart patterns with higher tops and bottoms. According to Nagaraj Shetti of HDFC Securities, the market's bullish momentum could propel it towards the 24,400 mark in the near term, with imme...
01 Jul, 2024, 08.58 PM ISTAhead of Market: 10 things that will decide D-Street action on Monday Having moved up sharply Nifty is currently facing hurdles at the resistance of 24,000-24,100 levels. Any dip from here is likely to be a buying opportunity. Immediate support is at 23,800 levels, said Nagaraj Shetti of HDFC Securities.
30 Jun, 2024, 05.06 PM ISTAhead of Market: 10 things that will decide D-Street action on Friday The underlying trend of Nifty continues to be positive. A sustainable move above 24000-24100 levels could pull Nifty towards another Fibonacci extension resistance of around 24380-24400 levels in the near term.
27 Jun, 2024, 09.27 PM ISTAhead of Market: 10 things that will decide D-Street action on Thursday According to experts, financial and consumption stocks are currently gaining momentum due to enhanced balance sheets, robust GDP growth projections, and easing inflation. He noted that global market trends are reflecting similar patterns, with a gen...
26 Jun, 2024, 09.32 PM ISTAhead of Market: 10 things that will decide D-Street action on Wednesday The Nifty index has broken through the 23,600 resistance level after consolidating for two weeks, setting a new record high. Analysts remain optimistic, with the next target set at 24,000.
25 Jun, 2024, 09.48 PM ISTTech View: Nifty breaks key hurdle after 2 weeks. Here’s how to trade on Wednesday Nifty maintains positive momentum, poised for potential breakout towards 24,000 with immediate support at 23,550, says HDFC Securities analyst. According to experts, Nifty moved above 23,700 to make a new all-time high of 23,754, showing resilience ...
25 Jun, 2024, 06.00 PM ISTAhead of Market: 10 things that will decide D-Street action on Tuesday Rupak De, Senior Technical Analyst at LKP Securities, noted that the Nifty had slipped lower in early trades, but bulls were able to defend around the 55 EMA on the hourly chart. He indicated that the trend would remain positive for the short term a...
24 Jun, 2024, 08.55 PM ISTTech View: Nifty may test 23,700 in short term. Here’s how to trade on Tuesday Nifty maintains positive momentum, aiming for the 23,650-23,700 range with immediate support at 23,350, according to HDFC Securities' Nagaraj Shetti.
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24 Jun, 2024, 10.50 AM ISTAhead of Market: 10 things that will decide stock action on Monday Indian benchmark equity indices ended lower on Friday, once again succumbing to profit booking after hitting all-time highs, although they locked in a third straight week of gains powered by a rally in financials and the return of foreign investors.
23 Jun, 2024, 04.48 PM ISTAhead of Market: 10 things that will decide D-Street action on Friday Tejas Shah of JM Financial & BlinkX indicated that support for the Nifty was expected at 23,500 and the 23,300-350 range. On the upside, the immediate resistance zone was projected to be between 23,600-625 levels, with the next resistance zone antic...
20 Jun, 2024, 09.40 PM ISTAhead of Market: 10 things that will decide D-Street action on Wednesday Domestic headline indices Nifty 50 and Sensex finished at record closing highs yet again boosted by strong domestic inflows as well as a climb in global equities. For the last few days, Nifty has been moving sideways on an intraday basis, but eventu...
18 Jun, 2024, 10.22 PM ISTAhead of Market: 10 things that will decide D-Street action on Friday Nifty range-bound flat closing for the last four days indicates a pause before a sharp move. The direction of this move is not yet known, at least not before any directional breakout. Solar Industries, Titagarh Rail Systems, Carborundum Universal, P...
13 Jun, 2024, 09.36 PM ISTAhead of Market: 10 things that will decide D-Street action on Thursday The Nifty index ended flat after a strong initial hour of trading, facing resistance around 23,400. Despite this, the short-term trend remains positive as the index stayed above 23,300. In the near term, the index is likely to continue consolidating...
12 Jun, 2024, 10.46 PM ISTData hints at bullish setup, Nifty headed for 23,560 & 23,890: Experts Nifty's bullish setup is supported by strong technical indicators, with recommendations for specific stocks in FMCG, pharma, IT, auto, and power sectors for potential gains.
10 Jun, 2024, 07.54 AM IST