Technical Analysis & Derivative Research Reports

The Indian equity market took a surprising turn from the day low, coinciding with the support levels and propelled to intraday high above 22400 amidst a strong volatile session. The weekly settlement was quite interesting for the Nifty50 index, as it witnessed a series of volatile wild swings, but eventually settled on a robust note above the 22400 zone.

Decoupling with the favorable global sentiments, our domestic market witnessed a strong volatile session, with the benchmark index plunging from the crucial resistance zone. The resilience around the 20 DEMA showcased its significance and marked a steep plunge within the first hour of the trade. However, the bulls came for the savior, halted the fall, …

The Indian equity markets experienced a robust day of trading with broader participation amidst positive global indicators and encouraging developments from the last session. The benchmark index, Nifty50, continued to rise steadily throughout the session, guided by bullish momentum. Eventually, the Nifty50 index settled with a gain of 0.51 percent, a tad above the 22200 zone, extending …

The Indian equity markets witnessed a volatile trading day, wherein the overhang of the previous week’s gloomy developments led to a sluggish start for our markets. But the bulls had some other plans to play and made a surprising entry at the critical zone of 89 DEMA and turned around the overall sentiments with a …

The prominent highlight of the week was the increasing volatility (INDIA VIX), which saw our markets experiencing significant price corrections despite favorable global cues. Throughout most of the week, prices faced downward pressure, with attempts to rebound on Wednesday and Friday proving insignificant. Consequently, by the week’s end, prices witnessed a deep cut of 1.87%, …

On the weekly expiry day, the benchmark index Nifty commenced trading on a negative trajectory. Throughout the day, without any significant intra-day recovery, it continued to decline steadily. Eventually, prices concluded with a substantial cut of 1.50%, ending tad above the 21950 mark.

Given the recent market jitters, Nifty started the session on a negative note and remained subdued for the initial hour. Yet, a rebound occurred mid-session, attributed to oversold intraday indicators and nearing key support levels. However, lack of sustained buying led to a final hour decline, resulting in a flat close, ending unchanged to the …

Once again, the day began positively, but amid prevailing nervousness, Nifty quickly declined from its morning gains, showing extended weakness in the initial hour. Although there was some resilience in the second half at lower levels, the overall sentiment remained weak, with intra-day rebounds being met with selling pressure. Eventually, Nifty closed with a 0.62% …

Following positive global cues in the morning, the benchmark index Nifty commenced trading for the week on a positive note. However, the effects of Friday’s market downturn hindered sustained buying momentum, resulting in an immediate downturn to erase initial gains. Subsequently, prices remained relatively stagnant, closing with a minor loss of 0.15%, ending a tad …

The trading week started on a flat to positive note and maintained its positive stature for most of the sessions. The benchmark index stayed put on the higher grounds, registering fresh highs, but the intense bout of profit booking on the last day led Nifty to have a subdued weekly closure at 22476, procuring a mere …

The Indian equity markets had a decent start after the mid-week holiday, tracking the subdued developments among the global bourses. The benchmark index Nifty50, remained in a slender range of 140 odd points throughout the session and eventually settled its weekly expiry with a mere gain of 0.19 percent.

The supportive global sentiments and robust undertone led to a positive start for our domestic markets. The benchmark index Nifty50 witnessed a decent gap-up opening and maintained its positive stature to clock a new high of 22783.35. But by the penultimate hour, traders opted to take money off the table ahead of the mid-week holiday, which …