Wishing reader a very very prosperous and happy Holi !! Nifty showed remarkable resilience,holding on to higher levels despite the sell-off in the rest of the global markets.Next week we have The Federal Open Market Committee meeting scheduled for Wednesday which will decide on Fed Taper. Also Geo political issue will keep market on the rocks.… Read More »
Last Week Chopad Level of 6160 did triggered and Nifty did its 2 target on upside, Lets analyze how to trade nifty in coming week. Nifty Hourly Chart Nifty Hourly charts has closed above its 200 HDMA, which is bullish in short term.Holding 6200 for next 5 days is crucial for Nifty. Nifty Daily Chart… Read More »
Last Week Chopad Level of 6077 did triggered and Nifty almost did its 2 target on upside, Bulls were able to protect the 200 DMA on weekly basis and also closing Nifty above 6150. Next week GDP data will be released on February 28.The stock market will remain closed on Thursday on account of… Read More »
Last Week Chopad Level of 6102 did triggered and Nifty almost did its 2 target on downside, Bulls were able to protect the 200 DMA on weekly basis and also closing Nifty above 6000. Next week Vote-on-Account, or interim budget for 2014-2015, which the government will unveil during trading hours on Monday, 17 February 2014,… Read More »
Last Week Chopad Level of 6102 did not got triggered as Nifty opened gap down, Bulls were able to protect the 200 DMA on weekly basis and also closing Nifty above 6000. Next week will be very busy, and the scheduled events should contribute to the already growing market volatility. IIP for December on Wednesday,… Read More »
Last Week Chopad Level of 6207 got triggered on Monday with gap down and achieved almost 3 target on downside.Nifty corrected 328 points,in just six trading sessions as Both Fed and RBI governor disappointed market. Next week will be very busy, and the scheduled events should contribute to the already growing market volatility. ECB Rate… Read More »
Last Week Chopad Level of 6183 got triggered on Monday and achieved all target on upside. Nifty Hourly Chart Nifty Hourly charts took support at 50 HSMA and bounced back, Holding range of 6241 nifty can bounce back to 6337 odd levels. Nifty Daily Chart Nifty again took support at 20 DMA as shown in… Read More »
Last Week Chopad Level of 6207 dictated the trend and nifty did 1 target on downside.In the coming week, Q3 results of major index heavyweight TCS, Axis Bank, Bajaj Auto, HCL Technologies, HDFC Bank, Reliance Industries, ITC and Wipro will come out next week.Inflation based on consumer price index will come out on Monday, while… Read More »
Last Week Chopad Level of 6326 showed its effect and nifty achieved its 2 target on downside. Q3 earnings season will kick off on Friday, 10 January, the day when IT major Infosys and private sector bank IndusInd Bank unveil results. Having a substantial weight in Nifty – Infosys results will be keenly watched.External trade… Read More »
Market last week has been trading in a very narrow range led by reduced institution activity on the back of Christmas and New Year holiday.Action was in Midcaps/Smallcaps as both Index were up by 3.6% and 2.5% respectively. As we approach last week of the calendar year and NAV adjustments are likely to take place.FII… Read More »