EXPERTS ON MARKET TECHNICALS
Ahead of Market: 10 things that will decide D-Street action on Friday Nifty closed unchanged on Thursday, but its price action formed an Inside Bar pattern, signaling potential volatility. This pattern, combined with the index finding support at the 10-day exponential moving average (EMA) after two sessions, suggests ...
11 Jul, 2024, 09.32 PM ISTTech View: Confused Nifty awaiting breakout on either side. Here’s how to trade on Friday Despite fluctuations, the Nifty maintains an overall upward trajectory. A decisive move beyond 24,500 is projected to trigger further gains, potentially reaching 24,900 in the near future. The current support level stands at 24,150.
11 Jul, 2024, 06.20 PM ISTAhead of Market: 10 things that will decide D-Street action on Thursday Indian stock markets hit record highs on Wednesday before reversing course. The Nifty 50 closed at 24,324, down 0.45%, while the Sensex settled at 79,924, down 0.53%. The Nifty formed a bearish engulfing pattern, suggesting potential further downsid...
10 Jul, 2024, 09.29 PM IST
Tech View: Nifty Put unwinding suggests correction ahead. Here’s how to trade on Thursday Nifty on Wednesday formed a bearish engulfing pattern on the daily chart as the index ended 109 points lower but sustained above the immediate support of 10-day EMA around 24,180 levels ahead of the Thursday weekly expiry.
10 Jul, 2024, 04.49 PM ISTAhead of Market: 10 things that will decide stock action on Wednesday Nifty soared to a new record high on Tuesday, forming a bullish pattern on the charts. After breaking through the 24,400 resistance level, the next target for the index could be 24,960. The momentum indicator showed bullish trade on the counters of ...
09 Jul, 2024, 09.22 PM ISTTech View: Nifty forms long bull candle, may test 24,580-24,640. Here’s how to trade on Wednesday Nifty's upward momentum is expected to continue after surpassing the key resistance level of 24,400. According to Nagaraj Shetti of HDFC Securities, the index could reach 24,960 in the near term, with immediate support at 24,250.
09 Jul, 2024, 06.00 PM ISTAhead of Market: 10 things that will decide D-Street action on Tuesday Nifty concluded Monday's session on a neutral note, forming a Doji pattern on the daily charts. This indicates hesitation among investors, with neither bulls nor bears gaining a clear advantage. Despite this pause, the short-term trend remains posit...
08 Jul, 2024, 09.40 PM ISTTech View: Nifty charts hint at indecisiveness; key hurdle at 24,400; here’s how to trade on Tuesday Nifty's short-term outlook remains positive, with a potential range-bound movement in the coming sessions. However, a decisive move above 24,400 could spark a significant market rally, according to HDFC Securities' Nagaraj Shetti.
08 Jul, 2024, 05.27 PM ISTAhead of Market: 10 things that will decide stock action on Monday Indian markets saw another positive week with benchmark indices maintaining their winning streak. US markets hit fresh highs on Friday. MACD signals both bullish and bearish trends on different stocks. Market sentiment remains positive with more sto...
07 Jul, 2024, 05.09 PM ISTNifty 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...
04 Jul, 2024, 09.25 PM ISTAhead 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 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