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Blog posts : "nifty50"

Thursday Trade Setup: Weekly Options Expiry To Influence The Trade; NIFTY's Behavior Against These Levels Crucial

The unabated gush of liquidity continued to chase the equities as the Indian indexes closed with gains for the sixth day in a row. The markets opened positive and the NIFTY continued to trade with strong gains for the most part of the session while oscillating in a defined range and maintaining gain…

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Wednesday Trade Setup: Markets Being Chased By Liquidity In A Risk-On Setup; Gets Prone To Profit-Taking

For the fifth day in a row, the Indian equities markets continued to trend higher as liquidity chased the stocks, something that is very typical of a risk-on setup in the financial markets. The markets also shrugged off the event of downgrade by the Moody’s which changed the outlook on India to “neg…

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Outlook For Tuesday: NIFTY Stares At Imminent Consolidation; Risk-Reward Skewed At Higher Levels

A big gush of liquidity continued to chase global equities and the Indian markets were no exception. As a part of risk-on setup that has developed over the past couple of days, the Indian markets opened with a gap up while extending Friday’s gains. The NIFTY opening strong and headed higher as the d…

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Monday Trade Setup: NIFTY Stays Firmly Placed; Guarding Profits Is Extremely Crucial Now

After a negative start to the day, the Indian equity markets continued to post yet another set of gains for the third day in a row while it closed the session with gains. The NIFTY saw a negative opening, but after opening on a negative note, the Index crawled into the green in the first hour of the…

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Week Ahead: NIFTY Moves Towards The Major Resistance Zone; RRG Shows Diminishing Outperformance From These Sectors

The previous week remained much contrary than expected; instead on being still a one with a ranged movement, it stayed a wide ranging one with the Index ending with robust gains. The NIFTY saw a 600-point wide trading range which also remained much broader than expected. The NIFTY pulled back from t…

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Outlook For Wednesday: NIFTY Stays Tentative Resisting At This Point; Lack Of Conviction Dominates The Landscape

On the lines as mentioned in the previous note, the markets continued to display a total lack of conviction at higher levels. At the same time, it also continued to resist to the 50-DMA on a closing basis. The NIFTY saw a reasonably strong opening today as the markets opened after a gap of one day…

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Tuesday Trade Setup: NIFTY Lacks Directional Conviction; Need To Close Above This Level To Move Higher

Friday’s session got a surprise from the RBI Governor as the Central Bank announced a 40 cut in the Repo rate in the morning. The initial trade remained range bound as the markets awaited the RBI press conference, but the rate cut did not enthuse the markets. Immediately following a sharp spike on t…

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Week Ahead: NIFTY May See Ranged Movements; RRG Chart Tells This Sector May Offer Maximum Alpha

Markets ended a week which continued to remain much on the expected lines, except that the volatility was much less than what was expected. Also, the markets continued to display lack of directional bias throughout the week. Despite making a sharply lower top and lower bottom for this week, the trad…

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Outlook For Friday: NIFTY Halts At Critical Level; Any Up Move Should Be Chased Only Through Such Stocks

The expiry of the weekly options kept the markets in a highly defined range. While staying in a controlled range, the markets extended its up move while ending the day with modest gains. The NIFTY saw a positive and stable opening to the day and remained in a rising upward trajectory in the first ha…

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Wednesday Trade Setup: NIFTY May See Sporadic Pullbacks; Will Stay Vulnerable At Higher Levels

In what remained a demonstration of total lack of strength at higher levels, the markets again failed to capitalize on the gap-up opening that it got on Tuesday. We had mentioned in the previous note that although a technical pullback is likely, the sustenance of the same may be under the cloud as t…

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Tuesday Trade Setup: NIFTY May See Some Technical Pullback; The Are The Group Of Stocks You Should Focus On

While putting up a  very weak show, the Indian equity markets disregarded the favorable and stable global trade setup and ended the day with a deep cut. The markets opened on a modestly negative note but soon declined at a rapid pace. The first two hours of the session saw the NIFTY taking a sharp 3…

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Monday Trade Setup: NIFTY Lacks Convincing Directional Bias Amid Weak Technical Setup; Refrain From Doing This

The end to the trading week remained quiet as the markets did not make any significant directional move and ended on a flat note. The NIFTY witnessed a modestly positive opening, but it soon slipped in the negative territory in the initial minutes. The Index kept gradually trend lower while it marke…

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Week Ahead: NIFTY Likely To Continue Exhibiting Bearish Intent; RRG Shows This Sector Topping Out

The past couple of days went much on the anticipated lines as the markets, in general, as it continued to portray a bearish undertone and ended the weak on a negative note. After halting the pullback, the NIFTY has formed a lower top near 9900 levels and continued its slide, confirming the same leve…

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Outlook For Friday: Technical Setup Remains Predominantly Weak; NIFTY To Find It Difficult To Stage Pullbacks

The markets suffered a gap down opening again following a weak global setup and gave back more than what it had gained in the previous session. We had mentioned in the previous note that despite a gap up on the charts, there might not be any bullish implications on the following day. Trading precise…

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Thursday Trade Setup: Need To Critically Observe NIFTY's Behavior Against These Levels Given The Technical Setup and Options Data

The euphoria that was seen in the previous evening on SGX NIFTY failed to live up through the night. The session on Wednesday was important as it not only kept the markets in the defined range, also highlighted the importance of any given technical setup. Following the PM’s address of a stimulus pac…

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Special Note: These 3 Charts Answer Why Should You Prefer NIFTY Next 50 Over The Small-Cap Universe

The global equity markets have seen the mother of all volatile times during the first four and a half months of the year 2020. From the peak of early 2020, the key equity markets saw a sharp decline of over 35% in most cases. Following those lows, the stocks have also managed to recoup around 30% of…

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Wednesday Trade Setup: NIFTY May React To The PM's Address; Upside In Any Case To Stay Capped

After a weak start, it was a sharp short-covering led up move that helped the markets recoup the bulk of its losses and helped it end with a modest loss. The NIFTY saw a gap down opening following weak global trade setup. The markets got weaker after it opened, and at one point in time, breached the…

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Tuesday Trade Setup: Avoid Chasing Up Moves In NIFTY Until The Index Moves Past This Level

One more session for the markets wherein it failed to capitalize on a strong start and succumbing to a weak technical setup. The Indian equity markets had a start to the week on the expected lines. The markets saw a gap up, and much stronger-than-expected opening in the morning. However, after stepp…

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Monday Trade Setup: NIFTY May See A Stable Start To The Day; May Get Vulnerable At These Levels

It was yet another day for the markets where it failed to capitalize on the initially good start to the day. The markets saw a decently positive start to the day on Friday, however, after trending sideways, the NIFTY gradually pared most of its opening gains. After trading in a defined and capped ra…

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Week Ahead: NIFTY Marks This Imp Technical Event; RRG Chart Shows These Key Sectors Continuing To Lag

The markets fared much on the expected lines over the past five sessions. In the previous weekly note, we had mentioned that if the NIFTY failed to move past the last week’s high, it might end up forming a lower top for itself. The things turned out on the anticipated lines; the 11-year old trend li…

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20 blog posts