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Technical analysis is a mechanism to identify trading opportunities in the stock market by evaluating statistical data. The statistical data comprises price movement, trading volume, moving average, historical data, charts, breakouts, correct buy points, proper buy zones. This strategy is based on the assumption that the past trading activity of a stock can be an indicator of its future price movements when analysed with suitable rules of trading. This method analyses the ways supply and demand for a stock may drive changes in price, volume, and implied volatility. First time investors often get confused between fundamental and technical analysis. While both methods are used to research and forecast future movement in stock prices, both are different in nature. Like the name suggests, fundamental analysis evaluates a stock on its inherent value i.e. fundamentals. This method involves evaluating a company’s financial statements to estimate the fair value of the business. On the other hand, technical analysis is based on statistical trends and assumes that the stock price has already factored-in all publicly available information. More

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  • Technical View: Nifty 50’s path to 25,800 hinges on crossing Monday’s high; Bank Nifty stays firm above all moving averages

    The weekly options data indicated that the Nifty 50 is expected to trade in the 25,400–26,000 range in the short term.

  • Chartist Talk: Rahul Ghose bullish on Dabur, MCX India; expects Nifty to trade between 25,300 and 25,800 this week

    Chartist Talk: Rahul Ghose bullish on Dabur, MCX India; expects Nifty to trade between 25,300 and 25,800 this week

    A close above 25,800 could trigger the next leg of the upward move in Nifty 50, said Rahul Ghose.

  • Trade setup for November 10: Top 15 things to know before the opening bells

    Trade setup for November 10: Top 15 things to know before the opening bells

    Experts suggest that if the Nifty 50 manages to hold 25,300 in the upcoming sessions, a gradual upmove toward 25,650–25,800 and then 26,000 could be possible amid consolidation. On the other hand, a decisive break below this level could drive the index toward 25,000.

  • Trading Plan: Can Nifty hold strong support at the 50-DEMA, Bank Nifty sustain above key moving averages?

    Trading Plan: Can Nifty hold strong support at the 50-DEMA, Bank Nifty sustain above key moving averages?

    According to experts, if the Nifty 50 decisively breaks the strong 25,300 support (50 DEMA), the 25,000 level can’t be ruled out, but holding above it can raise the possibility of the index moving toward 25,650, followed by 25,800, being key resistance.

  • Trade Spotlight: How should you trade ICICI Bank, BSE, Chennai Petroleum Corporation, Astral, MCX India, and others on November 10?

    Trade Spotlight: How should you trade ICICI Bank, BSE, Chennai Petroleum Corporation, Astral, MCX India, and others on November 10?

    The consolidation amid range-bound trading may continue, with Friday’s low likely acting as support. Below are some short-term trading ideas to consider.

  • Chartist Talk: Sudeep Shah adds to BSE, CCL Products; names two picks for next week, sees strong Nifty support at 25,300

    Chartist Talk: Sudeep Shah adds to BSE, CCL Products; names two picks for next week, sees strong Nifty support at 25,300

    On the higher side, the 25,650–25,700 band will act as an immediate resistance zone for the Nifty 50. A decisive close above 25,700 could reignite bullish momentum, paving the way for an advance towards 26,000 and subsequently 26,300 in the short term, said Sudeep Shah.

  • Identify potential turning points with advance-decline: Shubham Agarwal

    Identify potential turning points with advance-decline: Shubham Agarwal

    The advance-decline numbers are often used to see the inclusive quotient of the market move.

  • Technical View: Nifty is sell on rise till it remains below 25,600; Bank Nifty's support lies at 57,300

    Technical View: Nifty is sell on rise till it remains below 25,600; Bank Nifty's support lies at 57,300

    Analysts said the current phase reflects cautious sentiment among market participants amid persistent global uncertainties and the absence of major domestic triggers.

  • Trading Plan: Can Nifty 50 break 25,450, Bank Nifty slip below 20 DEMA support?

    Trading Plan: Can Nifty 50 break 25,450, Bank Nifty slip below 20 DEMA support?

    If the benchmark Nifty 50 breaks its 25,450 support, a fall toward 25,350–25,300 is possible. However, in case of a rebound, 25,700–25,800 are the levels to watch.

  • Trade Spotlight: How should you trade Dabur, Tata Consumer Products, Can Fin Homes, PI Industries, Biocon, and others on November 7?

    Trade Spotlight: How should you trade Dabur, Tata Consumer Products, Can Fin Homes, PI Industries, Biocon, and others on November 7?

    The market is expected to weaken further given that the index traded below short-term moving averages. Below are some short-term trading ideas to consider.

  • Trade setup for November 7: Top 15 things to know before the opening bells

    Trade setup for November 7: Top 15 things to know before the opening bells

    Experts expect the Nifty 50 to decline further towards 25,450. A decisive break below this level could open the door for a fall to 25,350–25,300. However, on the higher side, resistance is placed in the 25,700–25,800 zone.

  • Technical View: Bears tighten grip as Nifty breaks 20-DEMA, 25,450 crucial to watch ; Bank Nifty breaks out of consolidation on downside

    Technical View: Bears tighten grip as Nifty breaks 20-DEMA, 25,450 crucial to watch ; Bank Nifty breaks out of consolidation on downside

    Weekly options data indicated that the Nifty may trade in the 25,000–26,000 range in the short term.

  • Trading Plan: Can Nifty 50 defend 25,590, Bank Nifty hold above 57,700?

    Trading Plan: Can Nifty 50 defend 25,590, Bank Nifty hold above 57,700?

    If the Nifty 50 manages to defend the 25,590 level, the 25,700–25,800 levels are to be watched; however, falling below it can open the door for 25,450 support (the September high, which can now act as a support).

  • Trade Spotlight: How should you trade Jindal Steel, Kalpataru Projects, Delhivery, Asahi India Glass, City Union Bank, Titan, and others on November 6?

    Trade Spotlight: How should you trade Jindal Steel, Kalpataru Projects, Delhivery, Asahi India Glass, City Union Bank, Titan, and others on November 6?

    The market may remain range-bound until it trades below the previous week's high. Below are some short-term trading ideas to consider.

  • Trade setup for November 6: Top 15 things to know before the opening bells

    Trade setup for November 6: Top 15 things to know before the opening bells

    According to experts, if the Nifty 50 sustains below 25,600, the 25,500–25,400 levels will be key support zones to watch. On the upside, resistance may be faced at the 25,750–25,800 levels, above which 25,600 could be possible.

  • Chartist Talk: Bank Nifty may hit 59,000 this month, but 60,000 hurdle strong, says Nilesh Jain; eyes BPCL, JK Tyre

    Chartist Talk: Bank Nifty may hit 59,000 this month, but 60,000 hurdle strong, says Nilesh Jain; eyes BPCL, JK Tyre

    The Nifty Realty Index has formed a strong base and recently broke out from a rectangle pattern on the daily chart, indicating the potential for a follow-up move on the upside towards Rs 1,050 in the near term, says Jain

  • Technical View: Momentum fades, bears can drag Nifty toward 25,500 if Nifty sustains below 20 DEMA

    Technical View: Momentum fades, bears can drag Nifty toward 25,500 if Nifty sustains below 20 DEMA

    Weekly options data indicated that the Nifty 50 is expected to trade in the 25,200–25,800 range in the short term, with 25,000–26,000 being the broader range.

  • Trade setup for November 4: Top 15 things to know before the opening bells

    Trade setup for November 4: Top 15 things to know before the opening bells

    Until all indicators align positively, the consolidation phase may continue, with the 25,700–25,600 zone acting as key support. Below this, 25,500 remains a crucial support level. On the higher side, the 25,900–26,000 zone is expected to act as a hurdle, according to experts.

  • Trading Plan: Can Nifty 50 sustain above 25,700, Bank Nifty hold 58,000 amid consolidation?

    Trading Plan: Can Nifty 50 sustain above 25,700, Bank Nifty hold 58,000 amid consolidation?

    The Nifty 50 index is expected to consolidate further with support in the 25,700–25,600 zone, while on the higher side, the 25,900–26,000 levels are to be watched, as sustaining above them can drive the index toward a record high, experts said.

  • Trade Spotlight: How should you trade Aurobindo Pharma, LIC, Godrej Properties, Punjab National Bank, Bharat Airtel, Cummins, and others on November 4?

    Trade Spotlight: How should you trade Aurobindo Pharma, LIC, Godrej Properties, Punjab National Bank, Bharat Airtel, Cummins, and others on November 4?

    The consolidation amid range-bound trading may continue in the upcoming sessions due to a lack of triggers. Below are some short-term trading ideas to consider.

  • Technical View: Nifty may consolidate further with 20 DEMA support; VIX spikes 4-month high, signals caution

    Technical View: Nifty may consolidate further with 20 DEMA support; VIX spikes 4-month high, signals caution

    The weekly options data continues to show 26,000 as a resistance for the Nifty 50, while support is placed in the 25,700–25,500 range.

  • Chartist Talk: Mild Nifty pullback likely before next rise; Foram Chheda bets on CSB Bank, Force Motors

    Chartist Talk: Mild Nifty pullback likely before next rise; Foram Chheda bets on CSB Bank, Force Motors

    Foram Chheda has a neutral to mildly bullish view for the equities ahead in November.

  • Trading Plan: Will Nifty 50, Bank Nifty extend downtrend for third consecutive session?

    Trading Plan: Will Nifty 50, Bank Nifty extend downtrend for third consecutive session?

    If the Nifty decisively breaks 25,700–25,670, the 25,500–25,400 levels are the next to watch, as selling pressure may widen below this zone. However, on the higher side, 25,900–26,000 is the immediate hurdle, followed by 26,100, experts said.

  • Trade Spotlight: How should you trade Sobha, IDBI Bank, Bharat Electronics, Suzlon Energy, Union Bank of India, BPCL, and others on November 3?

    Trade Spotlight: How should you trade Sobha, IDBI Bank, Bharat Electronics, Suzlon Energy, Union Bank of India, BPCL, and others on November 3?

    Given the cautious sentiment signaled by momentum indicators, the market may continue consolidating for a few more days. Below are some short-term trading ideas to consider.

  • Trade setup for November 3: Top 15 things to know before the opening bells

    Trade setup for November 3: Top 15 things to know before the opening bells

    Momentum indicators signaled some caution in the short term, especially after a sharp rally in October. A breakdown below 25,500-25,400 area could strengthen the bears, whereas holding above it amid the current nervousness and consolidation could push the Nifty 50 back toward 25,900–26,000, according to experts.

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