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Jan 21, 2021 08:56 PM IST Traders may prefer to take a cautious stance near the resistance level, says Shrikant Chouhan of Kotak Securities.
Jan 20, 2021 09:32 PM IST 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.
Jan 19, 2021 09:30 PM IST Nagaraj Shetti of HDFC Securities expects more upside towards 14,655 and higher in the next couple of sessions.
Jan 18, 2021 09:08 PM IST 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.
Jan 17, 2021 04:04 PM IST The sharp decline of Friday seems to be a one day drop in the market as per the symmetrical chart pattern of daily and we expect Nifty to show upside bounce to retest the new high of 14,653 in the next week, said Nagaraj Shetti of HDFC Securities.
Jan 14, 2021 08:47 PM IST 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.
Jan 13, 2021 08:54 PM IST On the upper side, 14,655 is going to be a short-term resistance for Nifty while on the lower side, 14,450 is expected to be immediate support for the market, Nagaraj Shetti of HDFC Securities said.
Jan 12, 2021 09:42 PM IST "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.
Jan 11, 2021 08:28 PM IST 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.
Jan 10, 2021 11:09 AM IST The next upside target to watch is 14,600 and immediate support is placed at 14,200, says Nagaraj Shetti of HDFC Securities.
Jan 07, 2021 08:49 PM IST 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.
Jan 06, 2021 09:46 PM IST Nifty declined on Wednesday, the uptrend status of the market remains intact and there is no formation of any significant reversal pattern at the highs, Nagaraj Shetti of HDFC Securities said.
Jan 05, 2021 09:27 PM IST 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.
Jan 04, 2021 08:55 PM IST "The short term upside targets to be watched at 14,350 and immediate support is placed at 14,060," said Nagaraj Shetti of HDFC Securities.
Jan 03, 2021 04:12 PM IST On the downside, Shrikant Chouhan of Kotak Securities said the Nifty would find big support between 13,800 and 13,700.
Dec 31, 2020 08:43 PM IST 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.
Dec 30, 2020 08:19 PM IST 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.
Dec 29, 2020 08:20 PM IST Subash Gangadharan of HDFC Securities expects the indices to make new life highs in the coming sessions.
Dec 28, 2020 08:34 PM IST 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.
Dec 27, 2020 05:40 PM IST One needs to adopt a cautious approach and focus on stocks and sector-specific actions, said Nilesh Jain of Anand Rathi.
Dec 23, 2020 08:58 PM IST According to pivot charts, if the index moves up, the key resistance levels to watch out for are 13,669.67 and 13,738.23.
Dec 22, 2020 08:47 PM IST For the positive momentum to continue, we need the Nifty50 index to be above the 13,550 levels, says Shrikant Chouhan of Kotak Securities.
Dec 21, 2020 09:18 PM IST 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.
Dec 20, 2020 04:10 PM IST 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.
Dec 17, 2020 09:03 PM IST Nagaraj Shetti of HDFC Securities says the short term trend of Nifty continues to be rangebound with positive bias.
