BUSINESS
Option strategy of the day | Consolidation breakout in PI Industries; use covered call for upside
Technical indicators are exhibiting bullish signs, and the positive momentum is likely to continue in the coming sessions.
BUSINESS
F&O Manual | Indices trade rangebound; 23,500 acting as crucial support
Support for the Nifty is now seen at 23,500 and 23,300-23,350 levels. On the higher side, immediate resistance is at 23,600, with the next resistance zone at 23,750-23,800.
BUSINESS
Fertiliser sector poised for bull rally, showing signs of leadership in high beta sectors
Fertiliser sector, which has exhibited mixed performance in recent years, is currently displaying the first signs of leadership amongst the high-beta sectors
BUSINESS
F&O Manual | Benchmark indices trade positive; Nifty likely to test 23,750 resistance zone in next few days
The zone of 50350-50300 will act as immediate support for the Bank Nifty index.
BUSINESS
Short Squeeze pushes Bank Nifty to 51,200, but profit booking pulls it back near support zone
The top five Nifty gainers were all from the private banking space: IndusInd, ICICI, Kotak, HDFC, and Axis.
BUSINESS
India-dedicated funds see record $2.4-bn inflows in just two weeks
The unprecedented inflows into India are mostly from US investors as the shift from China to India gains momentum.
BUSINESS
F&O Manual| Bulls push Nifty to new highs; positive bias unchanged as long as support at 23,350 defended
Traders can adopt a buy-on-dip approach for the index, using any dips in the range of 23,500-23,450 to buy, suggests analyst.
BUSINESS
F&O Buzzer| India Hotels gains amid volume breakout and long build up
Indian Hotels company Ltd stock is in a higher highs and higher lows cycle and has broken out above the recent resistance levels on the daily charts.
BUSINESS
Option Strategy of the day | Long build up in Max Financial Services; Use Bull call spread for upside
The trend line breakout on the daily chart indicates a favorable rally ahead in the upcoming sessions in Max Financial Services stock.
BUSINESS
Trade Setup: Top 15 things to know before opening bell
A long build-up was seen in 47 stocks, indicated by an increase in open interest (OI) and price.
BUSINESS
Stock radar: Adani Enterprises, Paytm, Zomato, Indigo and others in focus
Gautam Adani and companies from the Adani Group acquired over a 2 percent stake in Adani Enterprises through open market purchases from September 2023 to June 2024, as reported on June 14.
BUSINESS
Trading Plan: Will Nifty and Bank Nifty breakout of consolidation this week?
A breakout above 50,250 in Bank Nifty would likely reignite momentum in this sector, signaling a resumption of the primary uptrend.
BUSINESS
Trade Setup for Today: 15 things to know before the opening bell
The Nifty max pain point has moved to 23,350 from 23,200 strike price.
BUSINESS
Trading Plan: Will Nifty and Bank Nifty break past sideways momentum in today's session?
The Bank Nifty Index has been consolidating in a narrow range of 700 points between 49,500 to 50,200 zones for the last four trading sessions. It formed a small-bodied candle on the daily and weekly scales.
BUSINESS
Bank Nifty in sideways momentum, traders say wait and watch to trade for next weekly expiry
Taking straddles at this point in time is risky, as a strong directional move can lead to huge losses if Bank Nifty sees one-sided movement.
BUSINESS
Option strategy of the day | Godrej Properties sees trendline breakout; use Bull call spread for upside
The cumulative open interest across the current, next, and far series has surged by over 1 percent. This suggests a build-up of long positions in Godrej Properties.
BUSINESS
Nifty up but may correct from here; 2 option strategies for bearish or sideways view on weekly expiry
Nifty has significant resistance at the 23,500 mark and immediate support around the 23,250 to 23,300 zone.
BUSINESS
Trading Plan: Can Nifty, Bank Nifty rise as US stocks look past Fed's cautious outlook?
The Bank Nifty index was unable to surpass the 50,000 level, where the highest open interest is built up on call side. The index needs to decisively surpass this mark to gain further momentum.
BUSINESS
Trade Setup for Today: 15 things to know before the opening bell
The Nifty Put-Call Ratio (PCR), indicating market sentiment, has improved moderately to 1.02.
BUSINESS
F&O Manual | Nifty trades near all-time high; positive trend to remain no signs of reversal, say experts
Technically, Nifty's overall structure now looks extremely bullish with potential targets of 23,500 and above.
BUSINESS
Bank nifty soars past 50,000 on expiry day; base call writing shifts resistance to 50,500 strike
The next target for the Bank Nifty index is around 50,500-50,700 on the higher side. The support for the index is around 49,700.
BUSINESS
Option strategy of the day | CanFin Homes sees futures long addition; use covered call strategy for upside
CanFin Homes long additions were noted in futures as the combined open interest increased by 2 percent
BUSINESS
Trading plan : Will Nifty, Bank Nifty rise after sideways momentum in yesterday's session?
Short positions can be created if the Nifty hourly close is below 23,200 by 10:15 AM for a move to 23,050 with a stop-loss of 23,300.
BUSINESS
Trade setup for today: 15 things to know before the opening bell
The Nifty max pain point has dropped to 23,100 from the 23,150 strike price.
