Trade setup for Monday: Top 15 things to know before Opening Bell
Key support levels for the Nifty are placed at 15,883.27, followed by 15,843.13. If the index moves up, the key resistance levels to watch out for are 15,962.87 and 16,002.33.
Trade setup for Friday: Top 15 things to know before Opening Bell
The immediate intraday support of 10 period EMA is going to be crucial at 15,900 levels. Any movement below this area for a few hours on Friday could drag index into a reasonable downward correction, says Nagaraj Shetti of HDFC Securities.
Trade setup for Thursday: Top 15 things to know before Opening Bell
Rajesh Palviya of Axis Securities says the next higher levels to be watched are around 15,880 levels.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
Nagaraj Shetti of HDFC Securities feels the choppy trend continued in the market and there is no respite for bulls, after showing upside bounce from the lower support (15,635) in previous session.
Trade setup for Friday: Top 15 things to know before Opening Bell
The uncertainty of bulls at the crucial hurdle of 15,900 continued, as the market tumbled down sharply from near the hurdle, Nagaraj Shetti of HDFC Securities said.
Trade setup for Thursday: Top 15 things to know before Opening Bell
Any sustainable move above 15,900 levels may cause momentum towards 16,000-16,050 levels, says Rajesh Palviya of Axis Securities.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
Nagaraj Shetti of HDFC Securities feels the short term uptrend of Nifty seems to have encountered profit booking around 15,900 levels again.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
Any sustainable move above 15,900 levels may cause momentum towards 16,000-16,100 levels, says Rajesh Palviya of Axis Securities.
Trade setup for Friday: Top 15 things to know before Opening Bell
The Nifty is currently placed at the important cluster support of 15,650 levels and a move below this area could result in slide down to 15,500 levels, says Nagaraj Shetti of HDFC Securities.
Trade setup for Thursday: Top 15 things to know before Opening Bell
Any violation of an intraday support zone of 15,700 levels may cause profit booking towards 15,650-15,600 levels, says Rajesh Palviya of Axis Securities.
Trade setup for Wednesday: Top 10 things to know before Opening Bell
Nagaraj Shetti of HDFC Securities feels the short term trend of Nifty is weak with choppy movement.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
Key support levels for the Nifty are placed at 15,766.03, followed by 15,717.37. If the index moves up, the key resistance levels to watch out for are 15,889.53 and 15,964.37.
Trade setup for Monday: Top 10 things to know before Opening Bell
Nagaraj Shetti of HDFC Securities says the Nifty's underlying short-term trend continues to be positive with rangebound action.
Trade setup for Friday: Top 10 things to know before Opening Bell
"Any sustainable move above 15,850 levels may cause momentum towards 15,900 to 16,000 levels," said Rajesh Palviya of Axis Securities.
Trade setup for Thursday: Top 15 things to know before Opening Bell
The present weakness is expected to be over in the next 1-2 sessions and the market could bounce back again from the lows, said Nagaraj Shetti of HDFC Securities.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
Rajesh Palviya of Axis Securities feels any sustainable move above 15,800 levels may cause momentum towards 15,900-15,950 levels.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
Nagaraj Shetti of HDFC Securities feels the short term trend of Nifty has turned up after a dramatic fall and a swift upside bounce of the last two sessions.
Trade setup for Monday: Top 15 things to know before Opening Bell
The short-term downward correction in the Nifty seems to have been completed and the June 18 low of 15,450 could be an important support, Nagaraj Shetti of HDFC Securities has said.
Trade setup for Friday: Top 15 things to know before Opening Bell
Nagaraj Shetti of HDFC Securities feels the short term trend of Nifty seems to have reversed down with the short term top reversal at 15,901 (June 15).
Trade setup for Thursday: Top 15 things to know before Opening Bell
Rajesh Palviya of Axis Securities feels on the downside, any violation of an intraday support zone of 15,700 levels may cause profit booking towards 15,650-15,600 levels.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
We have observed the formation of Doji, Hanging Man and again Doji patterns in the last three sessions around 15,800-15,900 levels. All these patterns at the highs indicate weak bias for the market, says Nagaraj Shetti of HDFC Securities.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
Rajesh Palviya of Axis Securities said on the downside, any violation of an intraday support zone of 15,750 levels may cause profit booking towards 15,700-15,600 levels.
Trade setup for Monday: Top 15 things to know before Opening Bell
Though momentum on the upside has slowed down, the market breadth remains intact and there is no indication of profit booking or reversal emerging from the highs, Nagaraj Shetti of HDFC Securities has said.
Trade setup for Friday: Top 15 things to know before Opening Bell
Key support levels for the Nifty are placed at 15,673.8, followed by 15,609.8. If the index moves up, the key resistance levels to watch out for are 15,776.5 and 15,815.2.
