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Blog posts : "stockmarket"

Monday Trade Setup: NIFTY Likely To See A Soft Start; This Point Marks An Intermediate Top

After demonstrating a near-vertical rallies over the past couple of days, the Indian equities finally showed some signs of broad consolidation setting into the markets. The Friday’s session saw the markets opening on a modestly positive note. However, the NIFTY soon slipped into the negative territo…

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Week Ahead: NIFTY Stares At Some More Consolidation; RRG Chart Point Towards This Group Likely Ending Its Relative Underperformance

Although the Indian equity markets extended its weekly gains, it showed first signs of impending broad consolidation as it spent much of the last three days correcting from the higher levels. The start to the week was buoyant; however, after marking week’s high at 14653, the NIFTY continued witnessi…

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Friday Trade Setup: Staying Above This Point Crucial For NIFTY; Focus On These Groups Of Stocks

In a session that was typically orchestrated as a one on any weekly options expiry day, the markets traded much on the anticipated lines. However, it also continued to show the inherent strength and strong undercurrents as it played out its usual template of some profit-taking bout and then recovery…

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Thursday Trade Setup: NIFTY Needs To Stay Above This Point; Stays Prone To Bouts Despite Strong Undercurrents

The markets interrupted its unstoppable up move as it witnessed a heavy consolidation on the expected lines. The morning saw a smart and strong opening to the trade; this also saw the NIFTY testing an yet another life-time high point while it marked the high point for the day. However, the morning s…

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Outlook For Wednesday: NIFTY Shows Very Strong Undercurrents; Still Stays Prone To Profit-Taking Bout

After some initial consolidation in the early morning session, the markets continued its unending up moves and went on scale a yet another dizzying height as it ended the day posting decent gains. The NIFTY saw itself opening on a quiet note on the expected lines. The first two hours of the sessions…

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Tuesday Trade Setup: NIFTY Overstretched But Strong; FO Data Tells You To Adopt This Approach

The markets ended yet another session with gains as it continued to post up moves in an unabated manner following strong liquidity inflows. The NIFTY saw a modestly gap up opening; however, the morning session saw some minor intermittent profit taking bouts. The markets, in general, refused to give …

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Monday Trade Setup: NIFTY Set To See A Positive Start To The Day; Avoid Shorts & Follow Upsides Cautiously

In the previous technical note, we had mentioned the levels of 14260 as a crucial level to watch as the NIFTY had consolidated marking high points during its short span on consolidation. The opening of the markets on Friday saw the Index opening just near this level. After a brief consolidation near…

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Week Ahead: Buoyant NIFTY Stays Prone To Profit-Taking Bouts; RRG Chart Highlights Importance Of Staying Selective

In a week that was a bit more volatile than the earlier one, the Indian equities continues with their up move ended once again on lifetime high point. The trading range also wider over the past five sessions as the Index oscillated in the range of 414 points. On the anticipated lines, the markets di…

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Friday Trade Setup: NIFTY Likely To Consolidate In A Defined Range; Fresh Up Moves Only Above This Level

In what can be called an onset of classical consolidation, the NIFTY took some breather again and spent the day in a defined range on the expected lines. The markets opened with a modest gap up and marked the intraday high point in the early minutes of the trade. The NIFTY, after that, spent the day…

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Thursday Trade Setup: NIFTY To Consolidate More; These Levels Would Be Crucial

On the second last day before the expiry of the weekly options, the markets traded absolutely on the anticipated lines. They opened on a quiet note and stayed ranged in the first half the session. The second half of the session saw some sharp profit taking from the higher levels. The NIFTY came off …

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Outlook For Wednesday: NIFTY At A Fresh High; Likely To Stay Ranged If No Negative Overnight Cues Exist

While keeping up with the daily routine of marking new highs every day, the markets once again staged a remarkable turnaround during the day to close at a yet another lifetime high. Following an overnight weak closing of the US markets, the Indian markets started on a backfoot as it saw a modestly g…

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Tuesday Trade Setup: Undercurrent Strong; NIFTY Still Stays Prone To Profit Taking Bouts

In a volatile day of trade, the NIFTY continued to advance and ended with a new high; however, that was not without a sharp profit taking bout in the first half of the session. The markets saw a much better-than-expected start to the day. After opening positive and staying range bound in the first h…

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Monday Trade Setup: NIFTY Stays Inherently Strong; Keep These Two Things In Mind While Approaching Markets

In a narrow range session on Friday, the Indian equities stepped into the new year on a quiet note, consolidation in a strong way and ended the day with modest gains. The NIFTY saw a positive start to the trade, and it stayed positive throughout the session. However, the markets remained within a ve…

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Week Ahead: Weak Dollar Index May Continue Fueling Liquidity In Markets Unless It Pulls Up; RRG Chart Shows Strong Sectoral Setups

In a relatively much stable week, the Indian equity markets continued with its up move and have ended a yet another week with gains. The volatility that was witness in the week before this one was absent. Instead of a wide 700-point wild move that was witnessed, the past five days saw the NIFTY stay…

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Friday Trade Setup: NIFTY To Usher Into The New Year On A Soft Note; Protect Profits Vigilantly At Higher Levels

Another day, another high. But still a flat close. This is what sums up the last trading day of the year as well as the decade. The markets opened on a soft note on the expected lines. After opening on the negative note, the Index marked the intraday low in the opening minutes of the trade. It crawl…

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Thursday Trade Setup: The Last Trading Day Of The Year May Keep Upsides In Nifty Capped; Watch These Levels

Although the markets continued to post gains for the sixth day in a row, the NIFTY showed all signs of some impending consolidation at current levels. The markets saw a quiet opening on the expected lines. After opening positive, the NIFTY soon slipped in the negative territory. Following a recovery…

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Outlook For Wednesday: Quiet Start To The Day Expected; NIFTY's Behavior Against This Price Point Crucial

After a nasty corrective move on the 21st of December, the Indian equity markets continued to post gains for the fifth session in a row as it ended yet another day with modest gains. The markets opened on a modestly positive note. It marked its intraday high in the first hour of the trade. Following…

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Tuesday Trade Setup: NIFTY May Attempt Highs Again; Highly Prone To Some Consolidation Again At Present Levels

The markets opened after a long weekend following Christmas holiday and stepped into the new week with strength and vigor. The NIFTY opened on much stronger-than-expected note, stayed in a range, maintained gains, and ended the day with gains. The overall trading range, however, was limited as the d…

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Week Ahead: NIFTY Shows First Signs Of Broad Consolidation Even If It Shows Incremental Moves; These Sectors Poised For A Strong Move

In the recent weekly notes, we had mentioned about the markets getting overstretched and overextended over the immediate short term. It was a matter of concern as any form of a consolidation or a corrective move stood imminent; the absence of which was making the present uptrend highly risky and unh…

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Thursday Trade Setup: Weekly Options Expiry To Influence The Trend; Protect Profits Ahead Of A Long Weekend

In a second day of recovery, the Indian Equities continued seeing short covering throughout the day and closed the session with a decent gain. The NIFTY opened mildly in the negative but soon crawled in the positive territory after initial minutes of the trade. As it marked the day’s low point in th…

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