MARKETS WEEK AHEAD

MARKETS WEEK AHEAD

Markets are in a completely bull grip as seen in the previous two weeks. Every correction is bought into. The momentum is slow, but it is still up. We still have much room on the higher side especially in the Nifty. We see one or the other sector is pushing the index higher. The week ending Nifty was pushed higher by IT, PHARMA, and METALS. We see a lot of new sectors participating like PSU and Power. Going by the…

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Markets action for the week ahead

Markets action for the week ahead

As we were pointing at markets to hit all times high, the Index reached well to the expected levels. The weekly momentum has turned positive for the first time after the recent volatility. We must see a further upside given that the market is now headed much higher, but slower than all the previous up moves. The immediate levels that we can see are 15500 on the upside ( Which is very close) and 16000 on the very higher side….

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MARKETS ACTION FOR THE DAY

MARKETS ACTION FOR THE DAY

The Indian stock market is expected to open in the green following positive global cues. Trends on SGX Nifty indicate a positive opening for the index in India with a 57 points gain. The S&P BSE Sensex declined 86.95 points to close at 49,771.29 on March 22 while the Nifty50 fell 7.60 points to 14,736.40. According to pivot charts, the key support levels for the Nifty are placed at 14,634.83, followed by 14,533.27. If the index moves up, the key resistance levels…

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Stock to trade today

Stock to trade today

The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a negative opening for the index in India with a 75 points loss. The BSE Sensex declined 585.10 points, or 1.17 percent, to close at 49,216.52 on March 18 while the Nifty50 fell 163.40 points, or 1.11 percent, to 14,557.90. According to pivot charts, the key support levels for the Nifty are placed at 14,399.2, followed by 14,240.6. If the index moves up, the key resistance levels to watch…

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Markets action for the Week

Markets action for the Week

The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 90 points gain. The Sensex closed 487 points, or 0.95 percent, lower at 50,792.08 on March 12 while the Nifty fell 144 points, or 0.95 percent, to 15,030.95. According to pivot charts, the key support levels for the Nifty are placed at 14,877.63 followed by 14,724.27. If the index moves up, key resistance levels to watch out for…

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Markets action for the day

Markets action for the day

The BSE Sensex gained 254.03 points to close at 51,279.51 on March 10 while the Nifty50 rose 76.40 points to 15,174.80 and formed a small bearish candle on the daily charts as the closing was lower than opening levels. According to pivot charts, the key support levels for the Nifty are placed at 15,110.9, followed by 15,047. If the index moves up, the key resistance levels to watch out for are 15,228.6 and 15,282.4. Share on: WhatsApp

How to trade markets today

How to trade markets today

The Indian stock market is expected to open on a cautious note as trends on SGX Nifty indicate a flat to positive opening for the index in India with a 26 points gain. The BSE Sensex gained 35.75 points to 50,441.07 on March 8 while the Nifty50 rose 18.10 points to 14,956.20. According to pivot charts, the key support levels for the Nifty are placed at 14,880.33, followed by 14,804.47. If the index moves up, the key resistance levels to watch out for…

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Markets action for the week ahead

Markets action for the week ahead

The Nifty50 has broken the psychological 15,000 mark this week. It fell nearly a percent on Friday to form Spinning Top pattern on the daily charts, while for the week, it gained 2.8 percent and witnessed Shooting Star kind of formation on the weekly scale. Overall, the index has been in a broad range of 14,500-15,300 levels, hence the breaking of the same range on either side could be a trend decider. But, wait, Nifty is still strong until it holds…

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Markets action for the day

Markets action for the day

The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a gap-up opening for the index in India with a 40 points gain. Sensex closed 1030 points, or 2.07 percent, higher at 50,781.69 while Nifty jumped 274 points or 1.86 percent to 14,982. BSE Midcap and Smallcap indices closed 0.77 percent and 1.08 percent higher, respectively. Markets have respected the 20DMA averages and a firm grip on them. The index now is about to reach all times…

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Markets action for the day

Markets action for the day

The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 97 points gain. The BSE Sensex was up 7.09 points at 49,751.41 on February 23 while the Nifty50 gained 32.10 points to close at 14,707.80. According to pivot charts, the key support levels for the Nifty are placed at 14,621.57, followed by 14,535.33. If the index moves up, the key resistance levels to watch out…

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