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Range-bound activity likely
For the bulls, 57,900 could be the immediate hurdle. Below which the correction wave is likely to continue till 57,200-57,100; on the flip side, above...
Index forms long bullish candle on daily charts
50-day SMA or 57,600 would act as a trend decider level. Above the same, the uptrend wave will continue till 58,300-58,500. On the flip side, below...
D St gains steam as EU mkts open on positive note
Major factors -Fitch forecast lowering India's GDP growth rate and hawkish stand by US Fed that pushed US bond yields higher- impacted the investor...
Fresh uptrend possible after 57,700 breakout
57,700 would act as an immediate hurdle for the bulls, below which the correction wave is likely to continue till 57,000-56,800; on the flip side,...
Oil price-led inflation worries hit mkts
Reversing its early gains, benchmark BSE Sensex plunged by 571 points or nearly one per cent at close on Monday following losses in banking, oil, FMCG...
Sensex forms long bullish candle on weekly charts
Charts also support short-term uptrend. For the traders, the support has shifted to 57,000 from 56,400. As long as the index is holding 57,000 the...
Mkts shrug off US rate hike
Global investors welcome rate hike by US Federal Reserve; Sensex, Nifty end above 57,800/17,200; FIIs turning net buyers after a long wait; No trading...
Trade with strict stop losses
Current texture is likely to continue unless Sensex slips below 56,200-56,100. Above which, we could see the level of 57,200-57,500; on the flip side,...
