Apr 20, 2021 07:15 AM IST
Nifty is now placed below its 50 and 20-day exponential moving average (EMA) which is placed at 14,626 and 14,657 respectively, indicating a bearish trend for the short term.
- Apr 19, 2021 07:15 AM IST
It’s better to stay light on positions and avoid aggressive longs until few key levels are not reclaimed convincingly, said Sameet Chavan of Angel Broking
- Apr 16, 2021 07:50 AM IST
On the upside, 14,616 will act as a make-or-break level. A break above it may see the NIfty move higher towards 15,000-15,050 and eventually towards 15,220.
- Apr 15, 2021 07:16 AM IST
For the Nifty, 14,350-14,250 will be the make or break range and on the higher side, 14,700 will be an immediate hurdle.
- Apr 12, 2021 07:36 AM IST
For the last couple of weeks, the banking index has been hovering around its strong support zone of 32,200 – 32,400.
- Apr 09, 2021 07:31 AM IST
The key support level for Nifty in the short term is 14600, followed by 14264, which is the 3 week low.
- Apr 08, 2021 07:25 AM IST
Nifty, on the weekly chart, is locked within a rising channel pattern and is currently trading near the lower band of the rising channel pattern which will act as an important support zone in the weekly interval.
- Apr 07, 2021 07:48 AM IST
The next higher levels to be watched are around 14,800-14,900 for Nifty. Any pullback towards 14,600-14,500 should be used as a buying opportunity.
- Apr 06, 2021 07:15 AM IST
Nifty is likely to find immediate resistance in the range of 14,700-14,750 where 5, 10 and 20-day exponential moving averages are placed. It could aim for 14,883-15,000 if it closes above 14,750.
- Apr 05, 2021 07:06 AM IST
The stocks from the cash segment did exceedingly well after a lull of nearly four weeks. It’s advisable to focus on such potential movers, said Angel Broking's Sameet Chavan
- Apr 01, 2021 07:06 AM IST
Looking at the technical setup, Nifty is expected to remain volatile for the next few trading sessions with a sideways to a bearish trading pattern. Support for the Nifty is placed near 14,400 and resistance is near 14,950
- Mar 31, 2021 07:10 AM IST
Now, 15,000 Call strike holds the maximum open interest of nearly 43 lakh shares which should act as an immediate strong hurdle for the Nifty.
- Mar 30, 2021 07:07 AM IST
On the upside, the cluster of resistances is visible at every 100-150 points. So, for this week, 14,600 – 14,750 – 14,900 are points of pain for the Nifty.
- Mar 26, 2021 07:07 AM IST
RSI plotted on the weekly and the daily timeframes can be seen forming a bearish hinge and is moving lower, indicating that the bears are in control of the trend.
- Mar 25, 2021 07:15 AM IST
India VIX has currently settled below 22.45 on the daily chart so we can expect high volatility in the coming trading sessions.
- Mar 24, 2021 07:08 AM IST
Nifty expected to trade within a broader range of 14,600-15,000 ahead of the March series expiry
- Mar 23, 2021 06:58 AM IST
Last week, Nifty found support on the upward sloping trendline on the weekly charts which indicates that the primary uptrend is still there.
- Mar 22, 2021 06:54 AM IST
On the higher side, 14,875–15,050 are the levels to watch out for, while on the lower side, 14,450-14,350 is a key support. zone.
- Mar 19, 2021 07:12 AM IST
The long-term bullish trend remains intact but in the medium-term, we might see the index in a range between 14,460 to 15,431 levels.
- Mar 18, 2021 07:17 AM IST
On the weekly chart, this current candle has engulfed its previous week's candle and if the index closes below 14,850, bearish engulfing will be formed on the weekly timeframe, which will be a negative signal.
- Mar 17, 2021 07:13 AM IST
The secondary oscillators suggest that the market is likely to face volatile moves in the upcoming sessions with some consolidation within a broader range of 14,700-15,200.
- Mar 16, 2021 07:14 AM IST
Nifty should be held long with a stop loss of 14,700. Upside targets for Nifty are seen at 15,300 and 15,450.
- Mar 15, 2021 07:09 AM IST
All eyes would be on the global peers as they play a vital role in dictating the near-term direction for the Indain market.
- Mar 12, 2021 07:14 AM IST
The base support for Nifty50 has shifted above 14,850–14,900 level. Any dip towards those levels can be used as a 'buy on dips' opportunity.
- Mar 10, 2021 07:22 AM IST
The technical setup suggests that the market may consolidate in the coming sessions with Nifty likely hovering within the broader range of 15,300-14,800.