Menu

Gemstone Equity Research & Advisory Services

Blog posts : "nse"

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

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

Monday Trade Setup: NIFTY Likely To See A Tepid Start; Set To Get Vulnerable Near These Levels

It was a day of a mild corrective move for the markets. On the last day of the trading week as well as the month, the NIFTY opened on a mildly positive note. However, after trading in a defined range in the initial session, the Index drifted in the negative territory. It posted some declines, but th…

Read more

Week Ahead: NIFTY Makes Some Room For Consolidation At Higher Levels; RRG Chart Expect Leadership From These Sectors

After testing a couple of important levels in the week before this one, the NIFTY took a breather and consolidated over the past five sessions. In the previous weekly note, we had highlighted that the momentum at higher levels is diminishing and this might lead to some consolidation at higher levels…

Read more

Friday Trade Setup: NIFTY May See Mild Up Moves; Broader Structure Remains Weak Because Of This

In the previous note, we had mentioned above the NIFTY dragging its resistance points lower to 11300 from 11500 as the session had seen shifting of maximum OI to 11300 levels. The expiry session on Thursday remained on expected lines. The NIFTY saw a strong opening to the trade but failed to capital…

Read more

Thursday Trade Setup: NIFTY Drags Resistance Point Lower; Expiry To Dominate The Moves

The vulnerability of the markets at higher levels resurfaced again as the NIFTY faced some corrective pressure once again at higher levels. The markets saw a modestly positive start to the day but soon slipped in the negative territory. It traded sideways within a capped range with limited losses un…

Read more

Outlook For Wednesday: NIFTY May See Extension Of The Move; Stay Alert At Higher Levels

While speaking about micro trend, we had mentioned in the previous edition that the NIFTY is seen resisting to the 11225-11235 levels for over four sessions in a row. Tuesday’s trade ensured that the NIFTY finally takes out this micro resistance zone. The markets saw a positive start to the day. The…

Read more

Tuesday Trade Setup: NIFTY May See Mild Weakness; Follow Micro Trends By Doing This

Despite staying relatively resilient at the higher end of the trading range, the markets showed some corrective moves as it stepped into the expiry week. The markets opened on a negative note and stayed in the negative territory throughout the day. The NIFTY, however, after testing the morning lows,…

Read more

Monday Trade Setup: Steady Start Expected To The Day; Follow Momentum By Doing This

In a very resilient show for the day, the Indian equity markets recovered from the low point of the day to end with just minor losses. The NIFTY saw a negative opening and traded with modest losses in the initial trade. After a ranged move, the markets got weaker as the Index plunged lower. Just whe…

Read more

Special Note: Is Rally In Gold A Direct Threat To Equities? These 5 Charts Give An Answer To This

Gold prices have shown a great up move over the past several weeks. The precious metal has been marking new highs ever since it broke above the $ 1750 mark. Over the previous month, Gold has gained over $121 or 6.80 % on a monthly basis as of week ending Friday, July 24th. Though the monthly bar is …

Read more

Week Ahead: Chase Momentum Vigilantly If NIFTY Attempts Higher Levels; RRG Chart Show This Sector Taking a U-Turn

The week before this one had seen the headline Index testing a couple of important levels on daily and weekly time frame charts. On the daily chart, the Index had closed a notch above the 200-DMA; on the weekly chart, it had tested the 50-Week MA. Over the past five session, the markets displayed a …

Read more

Outlook For Friday: NIFTY Moves Higher With Weaker Breadth; Chase Momentum While Strictly Trailing The Stops

In a yet another buoyant session, the NIFTY had a trending day on the weekly options expiry as it went on the end the day with gains. The markets saw a positive start to the day. It traded positive throughout the session as the Index remained in an upward rising trajectory. After a sharp up move in …

Read more

Thursday Trade Setup: Weekly Options Data Make These Levels Important For NIFTY; Keep Guarding Profits

In a very programmed session, the NIFTY traded in a defined range before ending the day with a modest loss. The NIFTY saw a modestly negative opening and witnessed a move that remained confined in a very narrow range. For the most of the day, the Index saw itself moving in a 50-point range; it was t…

Read more

20 blog posts

Previous Editions