Resistance

Trading support & resistance levels: Why overhead supply is a threat to a stock?

Overhead supply occurs when a stock price is below their highs. Investors who bought the stock at prior highs are at losses in the stock. As soon as the stock gains momentum, these loss-making investors sell-off their shares

Nifty may face hurdle at 8,800; earnings key trigger ahead: IIFL

The Nifty could gain another 50-70 points but there is likely to be strong resistance at 8,800 level, says Sanjiv Bhasin, Executive VP - Markets and Corporate Affairs at IIFL.

Ongoing correction normal; like mid, small caps: Shankar Sharma

Market has rallied a lot from February lows and it is normal to see a correction of 7-8 percent after a big run feels Shankar Sharma of First Global speaking to CNBC-TV18 on a day when the Nifty slipped below the key resistance level of 8,750.

Short covering or trend reversal; views differ on today's rally

Although extremely positive on medium and long term, BSE & NSE Member Dipan Mehta feels the short term trend could be choppy and advises staying on the sidelines till Fed monetary policy and Brexit issues are out of the way.

Good time to book profits, next Nifty resistance at 8330: Pros

Ashwani Gujral of ashwanigujral.com believes it is difficult for the market to keep going higher without some corrections.

CLSA: Nifty has decisively topped 8000, next resistance at â€¦..

A move back to the old resistance/now support at the 7,900-8,000 area in the short term should be seen as an attractive buying opportunity, says CLSA technical analyst Laurence Balanco

Nifty may open flat, but eyes clear route to 8,400

Indian shares may open without firm direction Tuesday, following a mildly positive close on Wall Street overnight and amid mixed trading in Asia.

How Indian traders should cope with post Fed volatility

The Indian market would have preferred the Federal Reserve hike interest rates and get it out of the way. But now that it decided overnight to not do it, the sword of uncertainty hangs heavy.

8060 level tough resistance to break: HDFC Securities

In an interview with CNBC-TV18, VK Sharma, Head â€“ Private Broking & Wealth Management at HDFC Securities says that 8060 level will be a huge resistance in the current situation.

Nifty seen opening lower after Wall Street's negative close

Indian shares may open somewhat deep in the red, as signalled by trading in the Singapore-based SGX Nifty, after US shares closed more than 1 percent lower overnight, the biggest drop in three weeks.

8000 to 8400 bounceback done, market reaches crossroad

With the Nifty retracing about half of its decline from 8,800 levels to 8,000 in the past two months, analysts have been pondering over whether the recent bounceback from has further room to go.

Bigger rally in the offing once Nifty crosses 8350:Sukhani

Technical analyst, Sudarshan Sukhani of s2analytics.com spoke with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.

Trend up, stay long & add to your long positions: Sukhani

Technical analyst, Sudarshan Sukhani of s2analytics.com spoke with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks. Sukhani said, â€œTrend is up, so one should stay long and add to long positions. Market is going upâ€.

Expect new highs on Nifty once 8892 is crossed: Bose

Technical analyst, Rajat Bose of rajatkbose.com spoke with Latha Venkatesh & Sonia Shenoy on CNBC-TV18. He shared his reading and outlook on the market. According to Bose, the major resistance zone would be between 8,849 and 8,892. He expects fresh new highs on the Nifty once it crosses 8,892 level.

Market in uptrend, expect 9300 on Nifty: Sukhani

Technical analyst, Sudarshan Sukhani of s2analytics.com spoke with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.

Will rally be sold?

Today is a bit of a D-day for the market because there is a good chance that the market will have a big gap-up opening. The SGX Nifty is indicating a 50-60 point gap-up opening and it is fairly likely given that yesterday the US market and the BRICS markets were up quite a bit and this morning Asian markets are up. Anuj Singhal gives details.

Another ranged trade for Nifty?

This morning is going to be again that kind of a morning where the market moves in a bit of a range, says Anuj Singhal of CNBC-TV18.

Upbeat Sukhani sees market rally this week

In an interview to CNBC-TV18 technical analyst, Sudarshan Sukhani of s2analytics.com shared his reading and outlook on the market.

Nifty at 7000 likely if it breaches 6350: Darashaw

On his expectation from Bank Nifty, Regan Homavazir, analyst, Darashaw, says the Bankex will see a rally if the Nifty sees significant upmove. He is bullish on Kotak Mahindra Bank and says Rs 1200 is likely for the stock.

Expect volatile week; stick to short-term trades: Sukhani

Technical analyst Sudarshan Sukhani expects volatility to rule the roost in a choppy market this week. He advises traders to take only intra-day short-term trades.

World cloud services mkt to exceed USD 180 bn by '15

The global public cloud services market is expected to grow by 62 percent to over USD 160 billion by 2015 globally compared to 2012 helped by increased spending on such services, research firm Gartner said. Worldwide spending on public cloud services stood at USD 111 billion last year.