Post Market Update

Nifty’s Downturn Signals Potential Bearish Momentum Ahead Nifty Futures Chart Nifty has once again closed below the rising trendline, bringing market sentiment back into a state of weakness. The momentum indicator suggests bearish momentum in the near term. Immediate support is situated at the 50DMA, currently at 21,900, which is expected to provide support for […]

Nifty Rebounds into Rising Channel, Bulls Eye Resistance at 22250 Nifty Futures Chart Nifty back into the rising channel by the session’s end, suggesting a possibility of a bullish trend reversal.The Nifty could encounter resistance in the 22200-22250 zone. Clearing the resistance at 22250 might propel it towards 22500 in the near term. Support levels

Market Meltdown: Nifty50 Plunges into Bearish Territory Nifty Futures Chart Nifty 50 opened at 22,432.20 against the previous close of 22,335.70 and fell 1.9 per cent to hit its intraday low of 21,905.65. The index closed with a loss of 338 points, or 1.51 per cent, at 21,997.70.As many as 43 stocks ended in the

Support Below, Resistance Above: Nifty Awaits Breakout Nifty Futures Chart Nifty witnessed an extremely volatile day of trade today. Intraday it witnessed a swing of 200 points though managed to close marginally in the green up 3 points. On the daily charts we can observe that the Nifty is rangebound between 22200 – 22600 since

Nifty: Bullish Charge Pauses for Breath, Eyes Rangebound Correction Nifty Futures Chart Nifty has been fluctuating within an ascending channel, displaying a pattern of higher highs and higher lows. The overall trend continues to be bullish, although there is currently an intermediate corrective phase in progress. In the short term, Nifty could experience weakness, possibly

Nifty Breakout Signals Potential Upward Trend Nifty Futures Chart Nifty opened gap up and continued to inch higher throughout the day to close with gains of 356 points. On the daily charts we can observe that the Nifty has broken out of a Running Triangle pattern indicating start of a fresh leg of upmove. The

Nifty Closes Higher Despite Rangebound Trading, Support Zone Holds Nifty Futures Chart Nifty opened on a flat note and consolidated for most part of the day. It was during the last hour of the trading session that the Nifty witnessed a sharp surge and closed the day well in the green up 32 points. More

Nifty: Bullish Engulfing Pattern Emerges Nifty Futures Chart Nifty has formed a bullish engulfing pattern after two days of weakness. Additionally, the trend remains positive as the index has consistently stayed above the near-term moving average. Overall, the bulls may continue to exert control as the index has closed above the previous consolidation high. A

Nifty Trapped: Bulls and Bears Battle for Direction Nifty Futures Chart Nifty opened on a weak note and drifted lower during the day. It closed in the red down 90 points. On the daily charts we can observe that the Nifty has been in consolidation mode for since last four trading sessions. It is broadly

Nifty Seesaws, Ends Flat Near Day’s Low, Levels to Watch Nifty Futures Chart Nifty opened higher but failed to sustain the morning momentum, leading to a closing at the day’s low due to profit booking. However, the sentiment remained positive for the short term as the index closed above the crucial resistance level of 22,200, with the