BUSINESS
F&O Manual | Nifty reclaims 22,700, faces resistance at 22,800; indices trade firm in green
On the downside, 22,400 is a key support level, and dips towards it can be seen as buying opportunities.
BUSINESS
Navigating expiry| Bank nifty trades negative; Use the dip as buying opportunity advise analyst
The way Bank Nifty is facing constant wick rejection at lower levels suggests we should see a sharp bounce from these levels. Use this dip as a buying opportunity says technical analyst.
BUSINESS
F&O Manual| Indices trade sideways; Nifty faces immediate resistance at 22,500
The rally in the Nifty is likely to continue and it can test the next resistance level of 22,600 immediately. Eventually, it is expected to re-test the previous all-time high levels of 22,800.
BUSINESS
Option Strategy of the Day| Technical indicators show reversal signals in Bank of Baroda; Buy Vanilla Call for upside
Bank of Baroda May futures witnessed a long open interest addition of 2 percent. Unwinding noted in call writing positions at 260 and 265 strikes for the May series indicates weakening resistance at higher levels.
BUSINESS
Which sectors are technically positioned to outperform the index this week?
Expert advise avoiding Nifty IT and Nifty Media for the next couple of trading sessions.
BUSINESS
Option strategy of the day|Long build up in Bata India; Use bull call spread for upside
For Bata India long additions can be seen in the 1360 CE, 1380 CE, and 1400 CE. The PCR stands at 0.64, signaling a positive turnaround for the price action
BUSINESS
F&O Manual| Indices fall, volatility rises again; Nifty may face speed bumps on the way up to 22,800
The immediate resistance for Bank Nifty is at 48,300, above which momentum will pick up towards 48,600/48,900. On the downside, supports are at 47,740 and 47,400 for the week.
BUSINESS
NSE, BSE special session today: What to expect from markets in today's trading
Markets may see a less volatile session with low volumes in today's special trading, similar to the last few special sessions. Broader markets may see stock-specific action today, with traders having to brace for some restrictions.
BUSINESS
Positive global cues propel Nifty Higher; Here are some swing trade opportunities for gains
HCC, LTIM and Grasim are amongst top swing trade picks for the week ahead.
BUSINESS
F&O Manual | Indices rise tracking global cues; Nifty to face resistance at 22,500
In Bank Nifty, any sustainable move above the level of 48,100 will lead to a sharp upside rally up to 48,400, followed by 48,700 in the coming sessions.
BUSINESS
Option strategy of the day| Reversal breakout in Ultratech Cement signals upside
Recently stock has reversed from the lower end of the falling channel. Today it has moved beyond its 20DMA and 40DMA levels, hence 9600 levels are immediate support levels technically, said Jay Thakkar.
BUSINESS
Option writers at the receiving end as ‘zero hero’ expiry trade causes havoc
Overall markets expected to witness a gradual recovery. However, concerns regarding consistent FII selling, India VIX still above 20 levels, ongoing general election polling, and the outcome could keep volatility higher.
BUSINESS
Will Bank Nifty see selling pressure intensify as election results near, just like in the past?
This year the technical pattern for Bank Nifty index is completely different. The Bank Nifty is at the lower end of an uptrending channel forming.
BUSINESS
Option strategy of the day |Bearish breakdown in Tata motors; use bear spread to gain from falling stock
On daily scale, Tata motors has given rising channel breakdown backed by strong volumes. Along with this breakdown, the stock has slipped below its 20 and 50-day EMA level.
BUSINESS
Navigating Expiry: Nifty swings between red and green amid tussle at 22,200; use long straddle
Overall , experts expect market to stay within this 200 point range for today's expiry.
BUSINESS
F&O manual | Nifty trades in tight zone on expiry; crucial support seen at 22,000
Nifty needs a decisive breach above 22,300 to continue with the positive upward movement and aim for next targets of 22,550-22,600. The support for the index is near 22,000.
BUSINESS
F&O Manual| Indices trade range bound; Nifty near term support placed at 21,950
Analysts assess the near term support levels for the Nifty at 21,950-22,000 and 21,700-800 levels. They see resistance for the index at 22,200-250 levels on the upside.
BUSINESS
Bank Nifty falls on weekly expiry; here’s a low-risk expiry day strategy to make money on either side
For the day, 47,650-47,700 will act as crucial support for the index while resistance is seen at 48,100-48,150.
BUSINESS
Option strategy of the day | BEL shares see long position additions; Buy 230 CE for upside
On the options front, in the BEL May series, there is significant call open interest concentration at Rs 230, 235, and 240 strikes, with substantial additions of open interest observed on the put side at the Rs 230 strike
BUSINESS
Investors favour small and midcap stocks over largecaps even amid peak market volatility
Despite efforts by fund houses to promote diversification, largecap schemes struggled to attract substantial investor interest, seeing only modest inflows.
BUSINESS
F&O Manual | Indices range-bound; Nifty resistance at 22,200-22,300 but charts show bullish patterns
On a daily scale, Bank Nifty has formed a bullish candle with a lower shadow, which indicates buying interest at lower levels.
BUSINESS
Option strategy of the day | Long build up in Dr Lal Path labs; Buy call option for upside
The stock is headed towards the next major hurdle of Rs 2,650. On the downside, unless the key support of Rs 2,360 is breached, the positive bias is likely to persist for a longer duration.
BUSINESS
Manufacturing along with sunrise sectors will take Bharat forward: EAM Jaishankar
'There are lot of sunrise industries that are coming. Semi-conductors, chips, electric vehicles, drones, space we cannot not be part of it, ' said external minister S Jaishankar.
BUSINESS
Nifty falls to 21,800, VIX jumps above 20; low risk option strategy to make money if index falls more
Nifty has broken its support and psychological level of 22,000 and is down to 21,900. While India Vix India has jumped 11 percent today to a reading of above 20 points.
