Technical Analysis & Derivative Research Reports

The buoyant momentum from the previous week transitioned seamlessly into the new truncated week for the Indian equity markets. The benchmark index sustained its upward trajectory, demonstrating resilience and confidence, as it reached unprecedented levels throughout the session and eventually settled a tad below the 24600 zone, procuring 0.35% of gains.

Bulls continued their strong performance, extending their lead for the sixth consecutive week. Throughout the week, various sectors maintained optimism, while the benchmark index traded within a range. On Friday, strong buying in the IT sector following TCS results triggered much-needed impetus pushing the Nifty to a new milestone of 24500, closing a tad above it …

Similar to the previous session, the benchmark index Nifty began with a slight positive note. However, it remained under pressure during the first half, testing levels below 24200. In the second half, there was a smart recovery from lower levels, to conclude the weekly expiry on a flat note tad above 24300.

The Nifty benchmark index began the trading session with a slight uptick, but lacked follow-through buying, leading to quick profit-booking during the first half. Prices sharply dropped to around the 24140 mark. However, in the latter half, there was no significant further decline, and prices rebounded to close with a 0.45% loss at 24324.

The benchmark index began the trading session with a slight positive note and gradually climbed higher throughout the day. By the end, the Nifty closed at a new high of 24433, with gains of about half a percent.

With no major significant cues in the morning, the benchmark index Nifty started the week’s trading activity on a flat note. In the first half, prices dipped, testing levels below 24250. However, during the second half, the bulls took charge, pushing prices higher and ending near the day’s high, though without a major change from the …

The Indian stock markets had yet another excellent week for the bulls, with the benchmark index maintaining its winning streak for the fifth consecutive week. The broader participation, along with positive global sentiment, helped the markets to move higher, ending the week with a 1.30 percent gain, slightly above the 24300 zone.

The GIFT NIFTY suggested a strong start for our indices, taking cues from the positive Asian markets. As anticipated, the session commenced steadily with a gap-up opening for the benchmark index. However, gains gradually receded due to unwinding related to the weekly settlement of Nifty. Eventually, the Nifty50 index trimmed its initial gains and settled …

The gravity-defying move continued in the D-Street, with key indices soaring to new record highs. This optimism was led by the multi-month breakout in the banking giant HDFCBANK, accompanied by broader market participation. The benchmark index opened with a gap up and sustained its positive momentum throughout the session, closing just shy of the 24300 level with …

The Indian equity market showed a positive start, drawing strength from robust global sentiments and favorable undertone. The benchmark index opened at record highs but experienced some correction due to a lack of sustained buying. However, the bulls made a modest recovery and the tug of war continued throughout the session. Amidst the volatile session, …

The Indian equity market commenced on a stable note and maintained its upward trajectory throughout the session. The benchmark index consistently surged, demonstrating positive momentum amid widespread participation. Ultimately, the Nifty50 index concluded the day above 24100, securing 0.48 percent in gains, reflecting a robust performance.

It was an exceptional week for the bulls as markets reached new milestones. The week began on a negative note on Monday, with prices testing the previous week’s lows. However, the bulls saw this as an opportunity and pushed prices higher. Prices continued to climb for four consecutive sessions, surpassing the 24000 level for the first time. …