Menu

Gemstone Equity Research & Advisory Services

Daily & Weekly Technical Newsletters and Special Articles

Friday Trade Setup: Complacency At Higher Level A Concerning Factor For NIFTY; This Zone Stays Crucial

In a thoroughly structured session, the Indian equity markets headed nowhere and ended the day flat with negligible loss. In the previous note, we had pointed out that large amount of both Call and Put writing was seen at 11300 strikes. This continued on the weekly options expiry day as well and thi…

Read more

Thursday Trade Setup: Weekly Options To Dominate NIFTY Move; Stay Position-Light At Higher Levels

The markets ended on a flat note after a weak opening on Wednesday’s trade. Although the NIFTY managed to recoup most of the opening losses, it has still not managed to move past the 11300-11350 levels. After opening with a mild gap down, the markets marked its intraday low in the early trade and th…

Read more

Outlook For Wednesday: NIFTY Neutrally Placed; These Stocks May Relatively Outperform

It was a range-bound session for the equities on Tuesday as the markets posted incremental gains but also stayed in a defined range. The NIFTY opened on a positive note but pared its gains slowly in the morning session. However, the second half of the session saw some recovery again. The Markets was…

Read more

Tuesday Trade Setup: Technical Structure Broadly Stable For NIFTY; This Zone Stays Critical To Watch

The Indian equity markets continued to post incremental gains but came off before ending the day with a modest gain. The markets saw a better-than-expected opening for the day. After starting the session on a positive note, the markets got stronger as the day progressed. However, after marking the p…

Read more

Trade Setup For Monday: NIFTY May See A Tentative Start: Dollar-Play May Take Some Breather

It was a day of consolidation for the markets as the NIFTY consolidated in a defined range before it ended the day with minor gains. After a modestly negative opening, the index soon recovered to trade flat. Despite moving in the positive territory for a brief time on a couple of occasions, most of …

Read more

Week Ahead: NIFTY Likely To Stay In A Range; RRG Chart Show These Sectors Staying Resilient

After clocking robust gains in July, the NIFTY started off the first week of August on a positive note. Over the past five sessions, the markets traded in a 374-point range before closing the week with modest gains. The NIFTY stayed above its critical levels on both the daily and the weekly time fra…

Read more

Friday Trade Setup: While NIFTY Stays In A Range, It Keeps This Resistance Zone Intact

The RBI’s Policy Review and the weekly options expiry, both played a significant role in infusing wide ranged moves in the equity markets. The Indian equities got a better than expected start to the day but stayed range-bound until afternoon after which it reacted to the RBI Policy. The NIFTY rose o…

Read more

Thursday Trade Setup: Apart From RBI Policy, NIFTY Has These Two Crucial Points To Take Care Of

In the previous technical note, we had mentioned possibilities of the markets extending its gains, but in the same breath, had also cautioned about the discomfort of markets at higher levels. While trading on the expected lines, the NIFTY opened positive and surged higher during the early morning tr…

Read more

Wednesday Trade Setup: NIFTY Stays In This Broad Channel; Moves To Get Highly Stock & Sector Specific

In what can be called a “mirror-image” of the previous session, the Indian equities managed to recoup all of its losses of the earlier day as it ended on a strong note. The day remained secularly bullish as the NIFTY remained in a rising trajectory throughout the day with no sign of any weakness see…

Read more

Outlook For Tuesday: NIFTY Placed At Crucial Juncture; These Levels Are Important Supports

In a very weak day of the equity markets, the Indian benchmark NIFTY50 ended the day with a sharp cut. A weaker start was expected, but the markets saw much feeble start to the week. It opened with a mild gap down and drifted lower throughout the day. At no point in time, the markets showed any inte…

Read more

View older posts »

Previous Editions