Trade Spotlight: How should you trade L&T Finance, Bank of India, Nykaa, Axis Bank, Laurus Labs, and others on October 03?
The market needs to surpass short- and medium-term moving averages for a persistent uptrend. Below are some short-term trading ideas to consider.
Trade setup for October 03: Top 15 things to know before the opening bells
The Nifty 50 needs to surpass and sustain above 25,000 for a sharp upward journey. Until then, it may see consolidation and range-bound trading, with 24,600 acting as support — a level that has been defended in the previous three sessions, experts said.
Technical View: Healthy start to October: 25,000 marks key hurdle for Nifty's rally; Bank Nifty surges above all EMAs post RBI policy
The volatility index, India VIX, fell sharply by 7.03 percent to 10.29 and dropped below short-term moving averages, providing strong comfort for the bulls.
Experts pick 10 rate-sensitive stocks after RBI keeps rates unchanged
Moneycontrol collated a list of the top 10 rate-sensitive stocks, curated by experts with a 3–4-week perspective on the basis of the closing price of September 30, following the Reserve Bank of India's decision to maintain the status quo on rates.
Nifty ends September with heavy FPI shorts, high rollovers; October series opens on a cautious note
Extreme FPI shorts could spark intermittent relief rallies, though these rallies may face heavy supply near resistance zones.
Trading Plan: Can Nifty 50 sustain above 24,600, Bank Nifty climb over 54,800 on RBI policy day?
The Bank Nifty needs to close above 54,800 (the previous day’s high and midline of Bollinger Bands) for an upward journey toward 55,000–55,100, but sustaining below it, the index may consolidate with 54,200 as support, experts said.
Trade Spotlight: How should you trade SAIL, Bank of Baroda, Jindal Steel, Hindustan Zinc, Hero MotoCorp, and others on October 01?
The consolidation may continue until the market moves back above the short-term moving averages. Below are some short-term trading ideas to consider.
Trade setup for October 01: Top 15 things to know before the opening bells
If the Nifty 50 breaks 24,500—coinciding with the upward-sloping support trendline—the fall may extend toward the August lows in the 24,400–24,300 zone. However, on the upside, the index may face resistance at the 24,700–24,900 levels, according to experts.
Technical View: Bears could be unstoppable if Nifty breaks rising support trendline; Bank Nifty outperforms for second day
Based on the weekly options data, the Nifty 50 is expected to take support at the 24,600–24,500 zone, with resistance at 24,700–24,900.
Trading Plan: Can Nifty 50 snap back after 7-day slide, Bank Nifty extend gains on F&O expiry?
The Nifty 50 is likely to face resistance at the 24,800–24,900 zone; however, the immediate support is placed at 24,600 and 24,500, below which selling pressure may widen. Meanwhile, if the Bank Nifty continues its previous day’s uptrend, 54,700–55,000 is the immediate zone to watch on the higher side; however, 54,200–54,000 can act as support levels, experts said.
Trade Spotlight: How should you trade BSE, Bank of Baroda, Tech Mahindra, Axis Bank, GMDC, Usha Martin, and others on September 30?
The market is expected to see some consolidation in the upcoming sessions after the recent sharp downmove. Below are some short-term trading ideas to consider.
Trade setup for September 30: Top 15 things to know before the opening bells
The Nifty defended the 24,600 level for another session, which now acts as immediate support, followed by 24,500 (upward-sloping support trendline) and 24,400 (200-day EMA). On the upside, the hurdle is placed in the 24,800–24,900 zone, according to experts.
Technical View: Nifty falls for 7th day, selling pressure may continue if index breaks 24,600 support; Bank Nifty signals indecision after sharp fall
The monthly options data indicated that the Nifty could remain in the 24,500-25,000 range in the short term.
Chartist Talk: Nifty 50 faces make-or-break 24,500 support, charts flash warning signs
Bharti Airtel and Larsen & Toubro would be my picks for next week, said Milan Vaishnav.
Trading Plan: Can Nifty 50, Bank Nifty hold Friday's lows amid persistent bearish sentiment?
After a sharp down move, there may be a possibility of a rebound in the upcoming session, but sustainability is the key to watch. If the Nifty 50 holds 24,600 (previous day’s low), an uptrend toward 24,800–25,000 can be possible, but a decisive fall below it can open the door for 24,400, experts said.
Trade Spotlight: How should you trade Ashok Leyland, Minda Corporation, L&T, NTPC, Lumax Auto Tech, Aditya Vision, and others on September 29?
The market may see a bounce-back after the significant selling pressure of last week, but sustainability is the key to watch. Below are some short-term trading ideas to consider.
Trade setup for September 29: Top 15 things to know before the opening bells
If the Nifty 50 breaks below 24,600, the next support levels to watch would be 24,400–24,300 in the upcoming sessions. On the upside, it may face resistance around the 24,750–24,900 zone, according to experts.
Chartist Talk: Sudeep Shah sees 200 DEMA as crucial support for Nifty, identifies 2 stocks with upside potential
On the technical front, Nifty has broken below key short-term moving averages — the 20-day, 50-day, and 100-day EMAs — all of which have now turned downward, signalling weakness in trend structure, said Sudeep Shah of SBI Securities.
Market not moving? Trade outperformance: Shubham Agarwal
By taking care of systematic factors, we can largely remove the risk of untimely reversals in the overall market. To remove this risk, we can create a combination of Buy & Sell positions in Futures from the same industry.
Technical View: Nifty sinks over 3% in 6 days, eyes 200 DEMA as carnage continues; Bank Nifty loses over 50% of recent gains with VIX surge
The monthly options data indicated that the Nifty may trade in the 24,500-25,000 range in the short term.
Trading Plan: Will Nifty 50 extend losing streak to sixth day, Bank Nifty break 100-DEMA decisively?
If the Nifty 50 sustains below 24,900, a sell-on-rally strategy can be preferred. Below this level, the 24,800–24,700 zone is an immediate support area; however, on the higher side, the 25,000–25,100 range can act as a hurdle zone, experts said.
Trade Spotlight: How should you trade Gujarat Fluorochemicals, BEML, SBI Card, AU SFB, Vedanta, Poonawalla Fincorp, and others on September 26?
The bearish sentiment may sustain in the short term, given the weakening momentum. Below are some short-term trading ideas to consider.
Trade setup for September 26: Top 15 things to know before the opening bells
As long as the Nifty 50 remains below this level, bears may continue to hold the upper hand and drag the index toward the 24,600–24,500 zone. However, in the event of a rebound, the 25,000–25,100 range is expected to act as an immediate hurdle, according to experts.
Technical View: Bears hold fort for 5th day, Nifty reverses over 50% of recent rally, signaling potential downside to 24,700
The Nifty 50 fell below the midline of the Bollinger Bands on both the daily and weekly charts, although it marginally managed to defend the 10-week EMA on a closing basis.
