February 18, 2019 08:10 AM IST
10875 – 10920 zone will be a strong supply zone and only sustainable move above this level will bring some relief rally to our market.
February 15, 2019 08:31 AM IST
If the smallcap index manages to hold above the 5670 levels on a closing basis, a meaningful bounce back is likely in the sector.
February 12, 2019 08:24 AM IST
We maintain our stance that convergence between the broader market and the benchmark index is essential for any sustainable move.
February 11, 2019 08:10 AM IST
The first half of the week gone by has been fantastic for benchmarks. In the process, Nifty has managed to surpass its multi-month hurdle of 11,000
February 08, 2019 08:19 AM IST
If Nifty manages to hold above the 11,050-11,100 zone convincingly, it could trigger the mid and small-cap stocks to play catch up in the near term.
February 07, 2019 08:29 AM IST
11100 is expected to act as immediate resistance for the Nifty. A sustained trade above 11100 may induce rally towards 11300-11400 over the short term.
February 04, 2019 08:23 AM IST
A prudent strategy would be to keep focusing on individual stocks which have shown tremendous resilience despite recent uncertainty in the market.
January 31, 2019 08:19 AM IST
Sustained trades above 10,800 may induce a rally towards 11,000 levels in February series.
January 25, 2019 08:32 AM IST
Broader indices continue to get battered as Midcaps and Smallcaps are going through a rough patch once again and it could continue further as well.
January 24, 2019 08:21 AM IST
Sustained trades above 11,000 may induce a rally towards 11,200. On the other hand, breakdown below 10,800 may trigger short-term bearishness in the market.
January 23, 2019 08:18 AM IST
Continue with a stock-specific trading approach in the meanwhile and maintaining positions on both sides. Also, keeping close watch on earnings announcements and global markets for cues.
January 21, 2019 08:15 AM IST
During a week under review, the Nifty index managed to sustain above its long-term moving averages on a closing basis, and also managed to close above 20-day EMA resistance placed around 10,821
January 18, 2019 08:43 AM IST
We expect stock-specific performance to continue as earnings season gathers pace while we expect the index to strengthen above December-high of 10,985, says Dharmesh Shah of ICICI Direct.com.
January 17, 2019 08:23 AM IST
If the index trades above 11000 consistently then it may induce a rally towards 11200. On the other hand, breakdown below 10700 may trigger a short-term bearish move in the market.
January 16, 2019 08:21 AM IST
We expect Nifty to trade with a positive bias and any decisive move above 11,000 levels will definitely add further buying momentum towards 11,100 levels this week.
January 15, 2019 08:14 AM IST
Breakdown below 10,700 would push Nifty towards 10,500. We advise traders to maintain positions on both sides and keeping leveraged positions hedged, says Jayant Manglik of Religare Broking.
January 14, 2019 08:13 AM IST
If the index manages to breach 11000 levels and sustain above that than another round of short covering is expected that may drive Nifty towards 11,200 levels in the coming weeks.
January 11, 2019 08:23 AM IST
Going forward, any decline towards 10700, its long term 200-DEMA should be a good opportunity to re-enter.
January 10, 2019 08:20 AM IST
On the higher end, the Nifty may move towards 11,000. On the other hand, support is pegged at 10,700
January 09, 2019 08:18 AM IST
On the technical front, 10,650-10,700 spot is a strong support zone for the index
January 08, 2019 08:20 AM IST
Short-term moving average of 8-days has been trading above the 21-days moving average, which indicates short-term uptrend for the Nifty.
January 07, 2019 08:19 AM IST
The Nifty formed a long bearish candlestick pattern on both weekly and daily price chart suggesting sell-off pressure in both time frames
January 04, 2019 08:16 AM IST
Contra trades can be considered such as going long on the decline on the Nifty Jan Futures in the 10,500-10,550 zone and keeping a strict stop loss around the 10,480 levels.
January 03, 2019 08:15 AM IST
A decisive fall below 10,680 may trigger a bigger correction in the market. On the other hand, resistance is seen at 10,930.
January 02, 2019 08:18 AM IST
We expect that the current trend is likely to continue towards the north and on the technical front any break above 11,000 levels will definitely add further buying momentum towards 11,100 levels in Nifty.
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