The short-term trend of Nifty remains positive. A decisive move above 18650-18700 levels could bring bulls back into the market.
A fresh selloff is possible only after dismissal of 18,450/62,000. Below the same, traders may prefer to exit out from…
Traders should be watchful of critical levels in Nifty and the banking index before planning their trades.
Expect market to be sideways or choppy and investors should likely wait for the inflation report and Fed news before…
On the weekly scale, Nifty made a Bearish candlestick which points out Profit booking was seen in the index at…
In fact more than 60% of the NSE stocks have fallen more than 4% from their respective all time peak,…
Unless there is an unknown trigger, sharp correction in markets is unlikely; however, valuation adjustment will happen gradually over the…
In the near term, 18500-18450 will be seen as a crucial support for Nifty and till this is not breached,…
A decisive closure above 18700 for Nifty could only bring some cheer back into the market, and then we may…
Nifty could test the 20-day SMA at 18459 in the very near term. A larger correction towards the 18365-18294 supports…
Currently, the market is trading near 10 day SMA and the range bound activity near 10 day SMA (Simple Moving…
Domestic markets have turned out to be more resilient compared to not just western markets, but also Emerging Markets. One…
Bank Nifty is likely to rally till 44500 levels with strong support near 42800. Bank Nifty’s outperformance might trigger a stronger…
Indian share markets are unlikely to deliver positive returns from Nov to June. Nifty may see up to 5% correction,…
On the weekly scale, Nifty made a Bullish candlestick which points out positive momentum in the near term.
Nifty earnings growth to accelerate from 11-12% in the current fiscal to 15% next year aided by strong margin expansion.…
While an outright collapse is less expected, inability to close back above 18700 on Monday will delay the achievement of…
The broader markets relatively outperformed the benchmark as the Nifty midcap, small cap gained over 3% and 2%, respectively.