Streetgains

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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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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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 80 points gain. Sensex was down 1,145 points, or 2.25 percent at 49,744.32 on February 22 while Nifty ended 306 points, or 2.04 percent lower at 14,675.70. According to pivot charts, the key support levels for the Nifty are placed at 14,537.1, followed by 14,398.5. If the index moves up, the key resistance levels to…

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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 14 points gain. The Sensex and Nifty lost more than a percent in the week ended February 19, while BSE midcap and smallcap indices outperformed with gains of 0.63 and 1.23 percent, respectively. According to pivot charts, the key support levels for the Nifty are placed at 14,872, followed by 14,762.2. If the index moves…

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The Indian stock market is expected to open on a positive note as trends on SGX Nifty indicate a positive opening for the index in India with a 37 points gain. The S&P BSE Sensex fell 400.34 points to 51,703.83 on February 17 while the Nifty50 index declined 104.60 points to 15,208.90. According to pivot charts, the key support levels for the Nifty are placed at 15,148.37, followed by 15,087.83. If the index moves up, the key resistance levels to watch out for…

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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 93 points gain. The BSE Sensex rallied 2,314.84 points or 5 percent to 48,600.61 on February 1 after weakness seen in the previous six consecutive sessions, while the Nifty50 climbed 646.60 points or 4.74 percent to 14,281.20. According to pivot charts, the key support levels for the Nifty are placed at 13,849.9, followed by 13,418.6….

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The market is likely to remain highly volatile amid Union Budget and the ongoing earning season. The market witnessed selling pressure for six consecutive sessions, with the benchmark indices losing over a percent each in the week gone by. The BSE Sensex slipped 2,592.77 points, or 5.3 percent, to end at 46,285.77 and the Nifty50 fell 737.3 points or 5 percent to finish at 13,634.60 The short term trend of Nifty continues to be weak. The negation of the upside…

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