Trade setup for Wednesday: Top 15 things to know before Opening Bell
The formation of long bull candles and a possibility of faster retracement of downswing is expected to pull the Nifty beyond 14,750-14,800 levels in the next 1-2 sessions, Nagaraj Shetti of HDFC Securities feels.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
The next important hurdles to be watched are 14,600 and 14,753. At the lower side, the area of 14,000 could be a crucial support for the market.
Trade setup for Monday: Top 15 things to know before Opening Bell
The near term downside targets to be watched for Nifty around 13,050 (20-week EMA) for the next few weeks, said Nagaraj Shetti of HDFC Securities.
Trade setup for Friday: Top 15 things to know before Opening Bell
The key support level for the Nifty is placed at 13,721.07, followed by 13,624.63. If the index moves up, the key resistance levels to watch out for are 13,906.07 and 13,994.63.
Trade setup for Thursday: Top 15 things to know before Opening Bell
The formation of reversal and the bearish candlestick pattern could signal more weakness towards 13,765 levels in the next few sessions, says Nagaraj Shetti of HDFC Securities.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
A sustainable move below 14,200 is expected to drag Nifty to 13,800 levels in the near term, said Nagaraj Shetti of HDFC Securities.
Trade setup for Monday: Top 15 things to know before Opening Bell
A decisive move below 14,220 could open a larger downward correction in the market and any rise from here is likely to attract selling pressure around 14,460-14,520 levels by next week, Nagaraj Shetti of HDFC Securities says.
Trade setup for Friday: Top 15 things to know before Opening Bell
Traders may prefer to take a cautious stance near the resistance level, says Shrikant Chouhan of Kotak Securities.
Trade setup for Thursday: Top 15 things to know before Opening Bell
One may expect further upside for the next few sessions, before encountering a next crucial overhead resistances around 14,800 levels, said Nagaraj Shetti of HDFC Securities.
Trade setup for Wednesday: Top 7 things to know before Opening Bell
Nagaraj Shetti of HDFC Securities expects more upside towards 14,655 and higher in the next couple of sessions.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
A move below 14,125 could confirm the reversal pattern and that is likely to trigger more weakness in the short term, Nagaraj Shetti of HDFC Securities said.
Trade setup for Friday: Top 15 things to know before Opening Bell
There is a possibility of further upside and new high formation above 14,653 levels in the next couple of sessions, but one needs to be cautious about sharp profit booking, says Nagaraj Shetti of HDFC Securities.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
"The short term trend of Nifty continues to be positive. Now, one needs to be cautious about the higher levels weakness in the next few sessions (2-3 sessions)," said Nagaraj Shetti of HDFC Securities.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
There is a possibility of some more upmove or range movement for the next 3-4 sessions, before showing sharp one day of decline from the new highs, Nagaraj Shetti of HDFC Securities feels.
Trade setup for Monday: Top 15 things to know before Opening Bell
The next upside target to watch is 14,600 and immediate support is placed at 14,200, says Nagaraj Shetti of HDFC Securities.
Trade setup for Friday: Top 15 things to know before Opening Bell
The short-term trend of Nifty has turned out to be choppy and this range-bound movement is expected to continue for the next session.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
The next Fibonacci projection resistance is at 14,310 and the near term upside targets that should be watched are 14,600-14,800 levels, said Nagaraj Shetti of HDFC Securities.
Trade setup for Monday: Top 15 things to know before Opening Bell
On the downside, Shrikant Chouhan of Kotak Securities said the Nifty would find big support between 13,800 and 13,700.
Trade setup for Friday: Top 15 things to know before Opening Bell
Technically, while the short-term uptrend is intact, markets are showing signs of tiredness as selling pressure is emerging from the highs, said Subash Gangadharan of HDFC Securities.
Trade setup for Thursday: Top 15 things to know before Opening Bell
Key support levels for the Nifty are placed at 13,899, followed by 13,816. If the index moves up, the key resistance levels to watch out for are 14,031 and 14,080.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
Subash Gangadharan of HDFC Securities expects the indices to make new life highs in the coming sessions.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
Key support levels for the Nifty are placed at 13,828.03, followed by 13,782.87. If the index moves up, the key resistance levels to watch out for are 13,901.83 and 13,930.47.
Trade setup for Tuesday: Top 15 things to know before Opening Bell
Shrikant Chouhan of Kotak Securities feels Nifty could slide to either 13,000 levels, where it has support as per options data or 12,500, which was the highest of the previous upmove.
Trade setup for Monday: Top 15 things to know before Opening Bell
According to Nagaraj Shetti of HDFC Securities, the consolidation movement could continue for the early part of next week before showing further upside momentum in the mid part.
