Technical Analysis & Derivative Research Reports

The November expiry session was a roller coaster for the markets. Nifty opened flat but gained momentum initially, driven by strong buying in the banking sector. However, after testing the weekly resistance near 24350, the index lost steam, slipping below the lower range of 24150 and eventually touching the 23900 mark. This sharp reversal erased all of Monday’s gains, with …

In the absence of significant cues, Nifty began the trading session on a flat note and traded within a range during the initial hours, reflecting indecision. However, a sudden surge in buying activity emerged during the mid-session, though the final hours mirrored the subdued action of the morning. Eventually, Nifty closed with a modest gain …

The benchmark index Nifty began the day on a positive note but faced resistance near Monday’s high, slipping lower during the first hour of trade. Thereafter, prices traded in a narrow range, eventually closing with a marginal loss of 0.11%, just below 24200.

Boosted by positive sentiment following the Maharashtra state election results, Nifty opened with a 350-point gap-up. Early momentum pushed the index to test levels around 24350, but profit booking and consolidation in later sessions led to a close slightly below the opening, posting gains of 1.32% at 24222.

The equity markets experienced a dynamic shortened week, with initial selling pressure giving way to a robust rebound, highlighting resilience and potential for recovery. The benchmark index demonstrated a notable resurgence this week, recovering from a challenging period that saw it reach a low not seen in five months. As trading concluded on Friday, the …

The Indian equity markets started the session on a bleak note, taking cues from weak Asian bourses followed by the Adani saga woes. The benchmark index slipped over 300 points during the initial hour of trade, making a fresh 5-month low. However, as the session progressed, the markets regained some stability and traded within a …

The Indian equity market witnessed a roller-coaster day of trade, wherein the benchmark index started on a buoyant note, soaring over 300 points in the day. However, by the penultimate hour, the so-likely bulls lost their grip, and once again the market fell under the tight grip of bears, paring down most of the day’s …

Bears returned to the Indian equity markets after an extended weekend and continued to assert their dominance. The benchmark index started on a positive note, but soon fell victim to the bears and dropped below the previous week’s low. An attempt at a modest recovery also proved ineffective, as the Nifty was unable to maintain …

The truncated trading week was dominated by bears. After a brief recovery attempt in the first half of Monday, Nifty remained under pressure throughout the week, ending with a loss of around 2.50%, closing below 23550. This correction phase, the steepest in four years post-pandemic, has seen prices decline over 10% from all-time highs without any …

Following the bearish momentum from Tuesday’s close, Nifty opened on a negative note and saw no respite for the bulls as the day progressed. Prices continued to decline throughout the session, ending with a sharp cut of 1.36% at 23559.

The session began on a mildly positive note above the 24200 mark, but selling pressure emerged right from the start. As the day progressed, prices quickly slid below the 24000 level, extended the weakness, and closed below 23900, recording a decline of more than 1%.

The trading week began on a weak note as prices slipped in the initial minutes to test levels around 24000. However, this dip was quickly bought, with prices not only recovering morning losses but also surpassing Friday’s high, pushing well above the 24300 mark. The action continued with one more dip, ultimately ending flat with a minor loss …