You Searched For "Bank Nifty"
Heightened volatility more likely
Reduce long positions during rallies as long as the market is trading below 81,600; Buying is advisable only at major support levels (79,000 & 78,600)...
High OI bases point to upside potential
Rising short positions by retail traders suggest some caution at higher levels
Larger market texture still in positive mode
For now, 79,300 and 79,000 would act as a key support zones while 80,400-80,700 could act as an important resistance areas.Below 79,000 traders may...
MACD indicates overbought condition
Nifty formed a perfect Doji candle at a new high; Normally, Doji candle at a high indicates exhaustion in trend and indecisiveness about going further...
Heavy Call base suggests building pressure in mkt
Put-Call Ratio of OI stood at 1.49 indicating more Call writing more than Puts
Nifty forms a strong bullish candle
Nifty broke out of a tight range with higher volumes than previous day; It formed another strong bull candle and closed at a new lifetime high;...
Indian stock market at all-time high, bank stocks lead sharp rally
Driven by the financial sector, the Indian stock market saw a sharp rally to close at an all-time high on Tuesday, with the Bank Nifty index breaking...
Charts indicate exhaustion in market
Nifty forms another indecisive candle; Continue the long positions with a trialling stop loss as long as it trades above prior day’s low; From next...
