
The medium-term outlook for the index remains positive, though short-term profit booking is anticipated, potentially pulling the index down to…
Both Nifty and Bank Nifty have strong momentum with well-defined support levels, offering attractive opportunities for traders.
Traders are advised to adopt a “buy on dips” strategy, with key support expected in the 25,150-25,350 zone.
It is critical that one gets their gold assets valued by a Bank or approved Valuer before pledging it for…
Ideally this is a sign of large demand on the spot, prompting us to consider the possibilities of 26600 on…
The recent positive momentum from leading private banks is promising, and if sustained, could propel the index to the next…
Domestically, participants will be closely monitoring WPI inflation data and foreign fund flows, especially after recent improvements.
Bank Nifty closed near its peak, indicating strong upside potential. Targeting 53,600, it must first surpass resistance at 52,200-600. Support…
There is now a case being made of large declines given the sustained uptrends that has kept fresh buyers reluctant…
We expect the rupee to trade within a range of 83.60 to 84.10 in the near term. Approaching Fed rate…
The Nifty futures Sept series indicates a profit-taking outlook with sector and stock-specific opportunities. Options data supports this view. A…
Gold prices are poised to move higher toward $2800/ounce, with accumulation zones around $2300/ounce for long-term investors. On MCX, gold…
Nifty is trading above its shortest EMAs by a decent margin, wherein 25,050-25,100 would act as a support in case…
Despite September’s usual profit-booking tendencies, there is a potential for significant gains in Nifty, with upside targets at 25365-25800.
Nifty’s momentum has slowed, with potential short-term resistance and support levels indicating a cautious outlook, while sector-specific indices like Nifty…
We expect the rupee to trade between 83.60 and 84.10 in the near term. While the approaching Fed rate cuts…
Fed chairman’s speech on Friday would give possible direction of rate cut to traders and gold might make short term…
Nifty’s positive short-term trend is expected to continue; recommended stock picks include buying Shyam Metalics and Chambal Fertilisers & Chemicals…