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Nifty not showing any weakness in the trend
On the last trading session of the financial year, the index formed an open low candle and a long upper wick candle
Nifty forms lower high candles
Benchmark index traded in a 174-point range on event risk day and weekly derivatives expiry on lower volatility and lower volumes; Focus on PSU Banks...
Nifty in oversold zone
Benchmark index forms a big bearish Engulfing candle on a weekly chart; It closed at the previous week’s low and erased all the gains in the last 3...
Quick pullback rally is likely
Level-based trading would be the ideal strategy for the day traders
71,250 to act as support level
Mumbai: The benchmark indices on Wednesday witnessed a pullback rally as BSE Sensex was up by 272 points. Among sectors, Media index rallied over...
Volatile market texture
Mumbai: On Wednesday, the benchmark indices continued profit booking as BSE Sensex was down by 536 points. Among sectors, despite weak momentum...
Wait for further uptrend from current level
Mumbai: On the last day of December monthly F&O series, the benchmark indices witnessed bullish momentum. The benchmark Sensex was up by 372...
Pullback formation is likely to continue
During the week, the Sensex registered a fresh all time high of 71,913 but due to consistent profit booking at higher levels, it corrected sharply