TRADING OUTLOOK
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 ISTF&O Talk | Caution suggested amid record highs, focus on value opportunities: Sahaj Agarwal of Kotak Securities The Indian equity market witnessed a positive week as both the Nifty 50 and Bank Nifty indices ended in the green. The Nifty 50 gained 1.3% to close at 24,323, while the Bank Nifty rallied 0.61% to settle at 52,660.
06 Jul, 2024, 04.17 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.
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F&O Radar: Poised bulls may take Nifty to new highs, deploy Bull Call Spread for potential benefit On the option front, the maximum call OI is at 24,000 then 23,600 strike, while the maximum put OI is at 23,000 and then 23,500 strike. Call writing is seen at 23,900, then 23,700, while put writing is seen at 23,400, then 23,500.
26 Jun, 2024, 09.07 AM 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 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 ISTNifty Bank closes flat but above 51,700; immediate resistance seen around 52,000: Experts HDFC Bank, Bank of Baroda, ICICI Bank, and AU Small Finance Bank led gains while selling was seen in SBI, Axis Bank, PNB, and IndusInd Bank. Bank Nifty has the highest PE OI at a 51,000 strike price, while the maximum CE OI is at 52,000, indicating ...
24 Jun, 2024, 03.58 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 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 ISTIndia's exports grew 1.1%, but trade momentum to continue: CRISIL India's merchandise exports rose by 9.1% to USD 38.1 billion in May compared to last year, with a modest 1.1% increase from April, driven by both oil and non-oil sectors. Imports surged by 7.7% to USD 61.2 billion, mainly due to oil and core imports...
19 Jun, 2024, 01.37 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 ISTNifty in a narrow range between 23,300-23,500. How to trade this week "For Nifty Bank, one should wait for a breakout confirmation above the 50,200 mark. If the index breaks above 50,200, it will open the path to 51,000 on the upside, with strong support at 49,800."
16 Jun, 2024, 02.02 PM ISTTech View: Sideways Nifty getting primed for sharp move. Here’s how to trade on Friday Nifty formed a small negative candle with a minor lower shadow. The short-term trend of Nifty continues to be a range bound with positive bias. Nifty has been consolidating in the broad range of 23,200-23,500. A decisive close beyond the boundaries ...
13 Jun, 2024, 06.16 PM ISTTech View: Nifty may drift towards 23,160-23,100. Here’s how to trade on Wednesday Nifty is currently placed at the hurdle of 23,400-23,500 levels, This is weighing high for the market to sustain the new all-time highs which creates a possibility of dip in the market. Immediate support is at 23,050.
11 Jun, 2024, 07.41 PM ISTTech View: Nifty may consolidate within 23,000-23,500. Here’s how to trade on Tuesday The near-term trend of the index remains positive, but with a crucial hurdle around the 23,300 level, there is a high chance of a short-term downward correction. Immediate support is at the 23,100 level, according to Nagaraj Shetti of HDFC Securitie...
10 Jun, 2024, 06.35 PM ISTAhead of Market: 10 things that will decide stock action on Monday Nifty50 and Sensex, the benchmark equity indices, reached record highs on Friday, reclaiming losses incurred on election day. The surge was attributed to expectations of political stability and forecasts indicating accelerated economic growth.
09 Jun, 2024, 04.17 PM ISTAhead of Market: 10 things that will decide D-Street action on Friday The NSE Nifty 50 index ended 0.89% higher at 22,821 points and the S&P BSE Sensex rose 0.93% to 75,074, adding to their gains of more than 3% on Wednesday.
06 Jun, 2024, 09.55 PM ISTTech View: Profit booking likely at higher levels. Here’s how to trade on Friday The short-term trend of Nifty remains positive despite high volatility. On moving above the hurdle of 22,250 level recently, Nifty still has chances to move towards the next upper hurdle of 23,200 in the near term.
06 Jun, 2024, 05.47 PM ISTF&O Talk | India VIX may surge to 29 level ahead of election outcome: Sudeep Shah of SBI Securities Nifty and Bank Nifty anticipate volatility amid election outcomes, with Nifty forming a bearish trend. Sudeep Shah of SBI Securities advises cautious trading, emphasizing risk management and hedging strategies. Certain sectors like Automobiles and P...
01 Jun, 2024, 10.23 AM ISTOTM indicates 19% chance of Nifty closing above 24K by June 6, says Sudeep Shah of SBI Securities With the ongoing buzz around the Lok Sabha election results, markets are still witnessing strong volatility. India vix stood above 21 as of May 24.
26 May, 2024, 05.04 PM IST