Gemstone Equity Research & Advisory Services

Daily & Weekly Technical Newsletters and Special Articles

Outlook For Wednesday: NIFTY Stays In The Broad Consolidation Range; Approach The Markets Through These Stocks

In a market behavior that turned out contrary to expectations, the Indian equities outperformed the Asian and other markets end staged some smart pullback to stay within the broad range. The markets saw a bit shaky opening on the expected lines following extremely weak overnight global cues. However…

Read more

Tuesday Trade Setup: NIFTY Stays Within The Broad Range; More Likelihood Of Testing These Levels

After consolidating for six days in a row, the markets finally took a turn for the worse as it declined following a corrective move. The markets saw a quiet start to the day and traded in a limited range in the early minutes of the trade. The NIFTY also marked its day’s high point in the opening min…

Read more

Monday Trade Setup: NIFTY Likely To See A Soft Start; Will Get Vulnerable Near This Zone

It was a yet another day of consolidation for the Indian equity markets as the markets ended with modest gains but made no major headway in any direction. The NIFTY opened on a positive note and the levels that it marked in the early minutes of the trade became the high point of the day. The index d…

Read more

Is "Risk-On" Environment Coming To An End? These Charts Answer This Question

The first quarter of this CY 2020 was quite a disaster for the equity markets. The month of February saw the onset of the Coronavirus pandemic and the spread of COVID-19 virus saw the equity markets world over witnessing a vertical crash everywhere in the range of 35% to 45% across the globe. The US…

Read more

Week Ahead: NIFTY To Have Difficult Time Moving Past This Zone; RRG Chart Paints A Tricky Picture

While trading on expected lines, the Indian equity markets did not make any major directional move and consolidated in a defined range. The NIFTY did not move past the previous week’s high point and consolidated while resisting to that level. The trading range also remained narrower than what it was…

Read more

Friday Trade Setup: Sustainable Up Move Only Above This Level; Keep Leveraged Exposures In Check

The markets on Thursday witnessed a move that remained within a limited range and ended the day with a modest loss. The session was dominated with weekly options expiry as well. The NIFTY opened negative, stayed negative throughout the day. It, however, stayed in a defined range and saw itself oscil…

Read more

Thursday Trade Setup: These Levels Will Broadly Influence NIFTY's Moves In The Next Session

In a wide-ranging trading day, the markets resisted precisely near the expected levels and ended the day with modest gains after wild swings on the either side. The NIFTY saw a better-than-expected opening once again. As it grew stronger in the first half it went on to test the crucial resistance zo…

Read more

Outlook For Wednesday: NIFTY Placed In A Tricky Zone; Sticking To These Stocks Would Be Prudent

It was a day of a precarious trade for the markets as it witnessed a shaky opening but ended the day on a mildly positive note. The overnight global cues were weak, and this led to a weak opening of the Indian markets. However, after opening on a negative note, the markets soon crawled in the positi…

Read more

Tuesday Trade Setup: NIFTY Still Within The Broad Consolidation Range; These Sectors To Stay Resilient

The market behavior turned out quite contrary to expectations as the markets opened higher and ended on a positive note. Against all expectations, the markets saw a modestly gap up opening. Following a positive start, the NIFTY got a bit stronger though it kept itself in a defined range. The index k…

Read more

Monday Trade Setup: NIFTY To See A Quiet Start; Moves Likely To Stay Ranged With Limited Upsides

In the previous technical note, we had mentioned that some technical pullback may occur as the Index had witnessed an unreasonably near-vertical decline. While continuing to trade precisely on the expected lines, the Indian equities threw some technical pullback to end the day with gains. The market…

Read more

View older posts »

Previous Editions