The follow up selling was not witnessed when gold breached $2000 on the downside but the slow and steady short…
Nifty as the index continues to hold above the 50 day SMA and Wednesday’s bounce back has also led to…
The Index is now likely to consolidate till 21500 is not breached on closing basis, for the rest of Feb…
GDP forecasts for Q1FY25 has been raised to 7.2% from 6.7%, Q2FY25 raised to 6.8% from 6.5%; Q3FY25 GDP growth…
On charts, trend still is positive in MCX with momentum oscillator healthy at 57. The recent swing high of 6530…
We will have our downside marker at the 20d sma now near 21700, a close below which we could see…
A decisive break above 22,150 in Nifty and 47,000 in banking could only fuel the fresh momentum while the 21,200-21,450…
Gold gave back its late-2023 gains in January despite strong seasonal factors, but Red Sea tensions, election uncertainty, and eventual…
The short-term trend of Nifty continues to be positive. All eyes on the outcome of RBI policy, which is expected…
The volatility was confined to a range ahead of the FOMC policy statement.
The NSE Nifty 50 opens higher by 67.25 points or 0.31% to settle at 21,921.05, while the BSE Sensex gains…
We are pinning our hopes on the support clusters around 21720 or 21600 in a worst case scenario to allow…
Interestingly, the broader indices continue to positively surprise despite the overbought reading and gained in the range of 2.7%-5.6% respectively.
The bulls are control and the Nifty could then be headed towards its life highs. Crucial supports to watch for…
In presenting the Union Budget 2023-24, Finance Minister Nirmala Sitharaman articulated a vision to ‘Make AI in India and Make…
Among those who would have held on an investment for the next 15 years would mostly be those lazy investors…
Technically, the market is now touching a crucial support zone, as per technicals, and looks poised for a good move.…
The Nifty, the IVs for the options remained around 17 levels in yesterday’s trade. For the Bank Nifty 29th February,…