NIFTY OUTLOOK
Ahead 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 ISTNifty bull case target at 27K, says Axis Securities; bets on HDFC Bank, Bharti Airtel, others Axis Securities expects reduced volatility and a smooth US market landing, targeting Nifty at 27,000 for March 2025 (bull case) and 24,600 (base case). They recommend stocks like HDFC Bank, ICICI Bank, Coal India, Nestle India, SBI, HCL Tech, Federa...
02 Jul, 2024, 01.43 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 IST- ADVERTISEMENT
Ahead 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 ISTWill Nifty give up 24,000 or make new highs this week? 7 factors to decide Looking ahead, market focus will shift to upcoming releases including US and Indian manufacturing Purchasing Managers' Index (PMI) data, alongside a pivotal speech from the Federal Reserve Chair. Meanwhile, attention within India remains fixed on th...
30 Jun, 2024, 09.27 AM 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 ISTNifty charts projecting 25,200 by December, says ICICI Securities. Top 94 stock picks ICICI Securities' technical analysis forecasts Nifty reaching 25,200 by December 2024, supported strongly at 22,200. Midcaps and smallcaps indices are in a structural uptrend, expected to gain over 16% by year-end.
25 Jun, 2024, 01.51 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.
24 Jun, 2024, 06.26 PM 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 ISTFPIs turn net buyers of Indian equities at Rs 12,170 crore in June so far after two months of selling Foreign investors stage a comeback in holiday-shortened week, slashing net selling from 14,794 crore in June first week to Rs 3,064 crore at the end of second week.
22 Jun, 2024, 05.04 PM ISTCan private bank stocks lead from the front now? Bank Nifty reached a new high of 51,957 due to improved operational efficiencies, implementation of the Insolvency and Bankruptcy Code, and cautious lending practices by PSU banks. This sparked a rally in share prices, shifting the spotlight from pr...
22 Jun, 2024, 01.13 PM ISTTech View: Nifty chart shows bearish candle formation. What traders should do on Monday Nifty struggled to hold above the day’s opening range, indicating bullish sentiments going sore on the Summer Solstice Day, observed experts.
21 Jun, 2024, 06.29 PM ISTTech View: Nifty giving non-directional moves. Here’s how to trade on Friday According to experts, the short-term trend of Nifty remains positive despite high volatility. After surpassing the resistance level of 22,250, the index shows a probability of moving towards the next resistance at 23,200 in the near term. Immediate ...
20 Jun, 2024, 06.12 PM ISTNifty target price increased to 25,638; HDFC Bank among 19 conviction picks: InCred Equities As the VIX returns to a near-13 level, a domestic brokerage firm reaffirms its optimistic outlook for the Indian market. The firm highlights robust macroeconomic factors and projects 12% EPS growth for FY25-26, favoring investments in the utility, c...
19 Jun, 2024, 09.37 PM ISTTech View: Nifty forms bearish engulfing pattern. Here’s how to trade on Thursday Nifty placed at the highs, but that’s not any confirmation of any significant reversal pattern building at the highs. Again, weakness below 23,300 levels could be considered as a short-term top reversal pattern.
19 Jun, 2024, 06.58 PM ISTTech View: 23,500 key support for trend-following traders. Here’s how to trade on Wednesday As it has sustained above the hurdle of 23,515 levels, it is expected that Nifty would move towards the next resistance of 1.786% Fib extension at 23,950 levels in the near term. The immediate support is placed at 23,450.
18 Jun, 2024, 06.48 PM IST