Technical Analysis & Derivative Research Reports

The extended weekend brought weak global market developments, which impacted our markets as the Nifty opened with a significant gap down of over 150 points. Although the index staged a complete recovery within the first half-hour, it soon faced another wave of selling, breaking the morning lows and extending losses by 1.5% to close just …

The Indian equity markets showed a promising turnaround in March, with the benchmark index increasing by more than 6%. This shift marks an encouraging departure from the bearish trends observed in recent quarters. The Nifty’s ability to reclaim 23500 and maintain stability over the past week highlights a constructive development and potential for further growth ahead.

The Indian equity markets began the expiry session on a slightly negative note, with the benchmark testing the bullish gap. However, shortly after the opening bell, the bulls fought back and made a modest recovery, managing to hold at higher levels throughout the day. Ultimately, the Nifty50 index closed the session with a gain of …

The Indian equity market had a strong start, as indicated by the GIFT Nifty, but faced rejections at higher levels and experienced some profit booking. The benchmark index fell by nearly 200 points, driven by a broad sell-off, finishing the session slightly below 23500, down by 0.77 percent ahead of the of the monthly expiry.

The overnight developments in the US markets have positively influenced domestic sentiment, setting the stage for a gap-up opening in the benchmark index. The bulls seized the opportunity, driving the rally past the previous swing high and achieving an impressive intraday high of 23870. Although the momentum fizzled out by the latter part, with the Nifty …

The Indian markets began the new week on a positive note, drawing inspiration from developments in GIFT Nifty and a notable shift in market sentiments. After a gap-up opening, the bulls took charge and sustained their buying momentum, which led the benchmark index to surge into the 23700 zone. Ultimately, the Nifty50 index maintained its upward trend …

The Bulls scored a perfect streak, driving Nifty higher on all five days of the week. The week started on a weak note, but that was the only dip as Nifty formed an open low at 22353 and made a vertical run throughout the week, gaining over 1,000 points to close at 23350 with an impressive 4.26% weekly gain.

Following the FOMC outcome overnight, Nifty opened with a gap-up, crossing the 23000 mark. Despite some initial hesitation, the market maintained its positive momentum on the weekly expiry and ended the session with a 1.24% gain, a tad below the 23200 mark.

The day kicked off on a positive note, and while the overall sentiment remained upbeat, Nifty traded within a narrow 100-point range. Eventually, it ended higher by 0.32%, reclaiming the 22900 mark.

GIFT NIFTY once again signaled a positive start, and in line with expectations, Nifty opened with a gap up. The index maintained its upward trajectory throughout the day without any major intraday dips, ultimately closing near the day’s high with a strong gain of 1.45%, comfortably above 22800.

Despite GIFT Nifty signaling a strong start, Nifty opened with a gap down. However, it quickly rebounded, witnessing strong buying interest from the opening levels, forming an Open Low at 22353 and surpassing the 22550 mark. Subsequently, the index pared some gains and consolidated within a range, eventually closing slightly above 22500 with a 0.50% gain.

The truncated week has been largely uneventful, marked by a lack of significant movement in the key indices. The benchmark index, in particular, exhibited a range-bound behavior as it navigated through prevailing global uncertainties. After a brief relief rally in the previous week, the Nifty50 shifted into a phase of consolidation characterized by cautious and …