The Indian stock market is expected to open in the red following weak global cues. Trends on SGX Nifty indicate a negative opening for the index in India with a 60 points loss. The Sensex plunged 599.64 points, or 1.48 percent, to close at 39,922.46 on October 28 while the Nifty fell 159.80 points, or 1.34 percent, to 11,729.60. According to pivot charts, the key support levels for the Nifty is placed at 11,633.13, followed by 11,536.67. If the index moves…
The Indian stock market is expected to open in the red following muted global cues. Trends on SGX Nifty indicate a negative opening for the index in India with a 43 points loss. The market rebounded after correcting on October 26 with Sensex climbing 376.60 points to 40,522.10 and the Nifty rallied 121.60 points to 11,889.40. According to pivot charts, the key support level for the Nifty is placed at 11,775.27, followed by 11,661.13. If the index moves up, the key…
FIIs sell in cash after relentless buying, sell in Index futures also Index futures: No shorting, long unwinding of 13,000 contracts The first gap up will be at risk of being sold into. If Nifty doesn’t break yesterday low, can see short-covering Share on: WhatsApp
The Indian stock market is expected to open flat following a cautious Asian market as trends on SGX Nifty indicate a flat opening for the index in India with a three-point loss. The BSE Sensex gained 127.01 points at 40,685.50 on October 23 while the Nifty50 climbed 33.90 points to 11,930.40. According to pivot charts, the key support level for the Nifty is placed at 11,901.23, followed by 11,872.17. If the index moves up, the key resistance levels to watch…
The market snapped a four-day winning streak and closed with more than a third of a percent loss on October 22, dented by weak global cues. The BSE Sensex fell 148.82 points to close at 40,558.49, while the Nifty50 declined 41.20 points to 11,896.50 and formed a Doji (or Inside Bar) kind of pattern on the daily charts. Share on: WhatsApp
The Indian stock market is expected to open flat as trends on SGX Nifty indicate a flat opening for the index in India with a 2 points loss. The BSE Sensex rose 162.94 points to 40,707.31 on October 21 while the Nifty50 gained 40.90 points at 11,937.70. According to pivot charts, the key support levels for the Nifty are placed at 11,802.77, followed by 11,667.83. If the index moves up, the key resistance levels to watch out for are 12,045.67 and 12,153.63. Share on: WhatsApp
Markets are in their IPL league. Just because one day you booked a loss because of the strict trading rule, you cannot keep quiet when the markets offering you good trades. Day trader’s job is to TRADE, but with a proper understanding of markets and the volatility associated with it. We hear from many of the new traders that, markets are volatile. And the same opinion is formed since day 1 of COVID. Are markets not good enough now ?…
The domestic equity market is likely to be guided by quarterly earnings data, coronavirus-related updates and global trends this week, with bouts of profit-booking at higher levels going ahead For daily research calls , get paid subscription with 25% Discount Subscribe https://streetgains.in/Subscribe/ Share on: WhatsApp
Indian shares rallied for the 10th consecutive day as the bulls pushed the benchmark indices in the green towards the close of the session on October 14. The S&P BSE Sensex rallied 169 points to close at 40,794. The Nifty50 gained 36 points to end at 11971 after falling towards 11,800 earlier in the day. Share on: WhatsApp
The market retained uptrend for the second consecutive week ending October 9, backed by positive global cues, a strong start to the September quarter earnings season, and dovish commentary by RBI. Stimulus hopes in India and the US also lifted sentiment. The Nifty50 climbed 497.25 points or 4.36 percent to 11,914.20, the highest closing level since February 20 this year, while the BSE Sensex rallied 1,812.44 points or 4.68 percent to 40,509.49, but the broader markets underperformed benchmark indices, closing…