Any trend reversal is only expected above 6400. Meanwhile traders can deploy short positions in future MCX around Rs. 6350…
Any dips around 72,000 present a buying opportunity with a stop loss of 71,200. A bearish trend is only anticipated…
The Nifty ended 1380 points lower, while the Sensex dropped a staggering 4390 points. Leading the decline, the Nifty PSU…
We expect Bank Nifty to trade in tandem w.r.t Nifty going forward. Banking respected its major support at 48,000 and…
Our preference is to employ an Iron Butterfly option strategy to benefit from swollen premia ahead of exit polls and…
A decisive break at this point could lead to a further decline, possibly retesting the 21,800-22,000 support zone. In the…
The idea behind momentum investing is that a set of winning stocks would continue doing well for the foreseeable future.
Immediate support is around 6350, the previous swing low, while the major hurdle is above 6728. Crude has tested the…
We would recommend traders to wait for Friday’s PCE data to be published before taking any positions as market will…
Technically, the market is trading well below its major support level of 22,800. The key resistance is now at 23,100,…
Even as we approached the final voting phase, the Nifty has yet to display significant signs of vulnerability. While comparing…
The market’s buoyancy over the last two weeks has countered the previous bearish sentiment, and we expect the Nifty to…
The stock of Finolex Cables has gradually moved higher over the last several weeks and this week, the stock has…
With the Maharashtra government allocating a substantial Rs 50,000 crore for infrastructure development in the adjacent Thane region, MTC is…
The Nifty closed 27 points higher Tuesday, while the Sensex was down 53 points. The Nifty Metal Index led the…
Going forward, we believe 22,150-200 might be the major support and only a decisive close below it might bring in…
Typically, in the immediate aftermath of election results, the rupee experiences a modest appreciation, with an average increase of 1.85%…
We feel their (global markets) continued strength is likely to support the ongoing recovery in our markets.