Market Morning Notes For 25th September 2024
Market activity remain cautious ahead of the crucial F&O expiry with Nifty facing hurdle at the psychological barrier of 26,000 while India VIX is seen steady accumulation at lower levels. From a...
View ArticleMarket Morning Notes For 26th September 2024
Markets managed to recoup early losses on Wednesday to end with modest gains above psychological barrier of 26,000 ahead of crucial F&O expiry. The Nifty ETF has been portraying elevated risk as a...
View ArticleMarket Morning Notes For 27th September 2024
Markets ended green on Thursday, resulted in a 6th straight day of gains for the Nifty . However, a divergence on the momentum indicator suggests that caution is needed. The Nifty ETF has been...
View ArticleMarket Morning Notes For 30th September 2024
Markets extended gains for the third straight week and rallied nearly 1.5% closing above the psychological barrier of 26,000 mainly on back of inflows from FTSE ALL Cap World Index rebalancing. The...
View ArticleMarket Morning Notes For 1st October 2024
Markets succumbed to selling pressure with no major trigger seen from global markets as Nifty declined more than 1% to finally settle below the crucial support of 25,880. The implication of close...
View ArticleMarket Morning Notes For 3rd October 2024
Markets activity remained range bound on Tuesday with initial attempts to regain above 25,880 in Nifty was met with major resistance to finally end on a flat note. The attack on Israel from Iran is...
View ArticleMarket Morning Notes For 4th October 2024
Markets activated major breakdown on breach of 25,500 with Nifty 50 ending lower by 2% mainly on the back of unrest in Middle East. Nifty continued the selling pressure on its weekly expiry session,...
View ArticleMarket Morning Notes For 7th October 2024
Markets for the week succumbed to selling pressure after failure to sustain above 26,000 mark in Nifty and was followed with sharp decline over 4% on back of unrest in the Middle East. The weekly setup...
View ArticleMarket Morning Notes For 8th October 2024
Markets drifted further lower with Nifty declining below 24,800 led by selling in broad based market. With Brent crude rising beyond USD 80 a bbl amidst escalation of Israel -Iran crisis, the impact...
View ArticleMarket Morning Notes For 9th October 2024
Markets managed a rebound with gains over 1% on back of unexpected victory to BJP in Haryana Assembly elections with Nifty holding the support of 24,700. The short-term oscillators although hints at an...
View ArticleMarket Morning Notes For 14th October 2024
Markets for the week ended with modest losses with Nifty ending below the psychological mark of 25,000 amidst Israel-Iran tensions. From a technical perspective, the signs of reversal are already...
View ArticleMarket Morning Notes For 15th October 2024
Markets rebounded sharply on back of support from Bank Nifty helping Nifty-50 to regain above 25100. It is not unusual that indices attempt rebound as they are trading close to 50 DMA, but as long...
View ArticleMarket Morning Notes For 16th October 2024
Markets on Tuesday failed to carry on positive momentum despite higher opening and later succumbed to selling pressure leading to trend reversal pattern of dark cloud cover. The inability to cross...
View ArticleMarket Morning Notes For 17th October 2024
Markets extended selling pressure on Wednesday after a bearish dark cloud cover on Tuesday and was followed by closing below the psychological mark of 25,000 in Nifty. The inherent strength of markets...
View ArticleMarket Morning Notes For 18th October 2024
Markets activated larger decline led by broad based selling with Nifty breaching key support of 24,800 despite strength in global markets. The 2 yrs of bullish setup in Tokyo Nifty inverse suggest that...
View ArticleMarket Morning Notes For 21st October 2024
Markets exhibited weakness for third straight week with Nifty closing well below the 25,000 mark. However, despite rebound from 24,700 zone, the outlook remains cautious with near term target seen at...
View ArticleMarket Morning Notes For 22nd October 2024
After a 300-point drop in the opening hour of trade, Nifty consolidated for the rest of trading day in its first trading session of this week. Overall, the index broadly remained in the range between...
View ArticleMarket Morning Notes For 23rd October 2024
Nifty broke below its 3-day range as well as from the head and shoulder pattern on daily charts. Targets for this pattern stand at 24225 / 23850 on the downside in the near term. Selling pressure was...
View ArticleMarket Morning Notes For 24th October 2024
Markets extended losses with Nifty recouping earlier gains to finally settle below the psychological support of 24500 despite oversold Nifty. There is minor round of support seen in range of...
View ArticleMarket Morning Notes For 25th October 2024
Markets ended red on Thursday with Nifty forming Doji candle and closed below 100 day Moving average indicates indecision between buyers and sellers. A minor support level is evident in the 24,200 to...
View Article