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Month: October 2020

Markets action for the day

Markets action for the day

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

Are Markets Volatile-Whats the best time to trade?

Are Markets Volatile-Whats the best time to trade?

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 ?…

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Markets for the week ahead

Markets for the week ahead

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

What next in the Markets

What next in the Markets

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

Markets week ahead

Markets week ahead

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…

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Nifty and BankNifty daily

Nifty and BankNifty daily

The Nifty50 continued its positive momentum for the fifth day and closed at a new seven-month high of 11,738.90 on October 7, backed by buying in auto, IT, select banks, FMCG and Reliance Industries. The index closed above the 11,700-mark for the first time since February 25, 2020 and formed a bullish candle on the daily charts again, as the closing was higher than the opening levels. For daily recommendations, Subscribe https://streetgains.in/Subscribe/ Share on: WhatsApp

How Markets Behave This Week?

How Markets Behave This Week?

The Nifty50 climbed 1.5 percent on Thursday and 3.3 percent for the week, forming a bullish candle on the daily as well as weekly charts. Interestingly, the index is also trading above 20 DMA, 50 DMA, 100 DMA, and 200 DMA on daily as well as weekly time frame which is a clear sign that prices are in complete control of bulls. Unless there is any threat from world markets, we may continue to be in the sideways. The recovery…

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Markets Action For The Day

Markets Action For The Day

The Indian stock market is expected to open on a positive note with trends on SGX Nifty indicating a gap-up opening for the index in India with a 113-points gain.The BSE Sensex was up 94.71 points at 38,067.93 on September 30 while the Nifty 50 rose 25.10 points to 11,247.50. According to pivot charts, the key support levels for the Nifty is placed at 11,189.53, followed by 11,131.57. If the index moves up, the key resistance levels to watch out…

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