Author: Stocks Market

STOCKS Dow continues to oscillate around 34000 and needs to sustain above 33500 to keep alive the chances of seeing 35000 on the upside. DAX has bounced-back but has limited upside from here upto 14500-14700 from where it can see a sharp corrective fall. Nikkei can move up within its 28000-31000 range. Shanghai is hovering […]

STOCKS Equities continue to look mixed. Dow is oscillating around 34000. It has to sustain above 33500 to move up towards 35000. DAX seems to lose momentum and the expected corrective fall can happen from here itself without seeing an extended rise to 15700. Nikkei retains its 28000-31000 range. Shanghai is hovering at the upper […]

STOCKS Equities look mixed. Dow has come-off yesterday and has to sustain above 34000 to keep the chances alive of seeing 35000 on the upside. DAX has limited upside from here and is likely to reverse lower after testing 15700 on the upside. Nikkei is coming down within its 28000-31000 range as expected. Shanghai is […]

STOCKS Dow has risen well above 34000 and has potential to test 35000. The corrective fall that we have been expecting is not happening. DAX can test its crucial resistance level of 15700 and then reverse lower. Nikkie can fall within its 28000-31000 range. Shanghai can test the upper end of its 3350-3500 range and […]

STOCKS Dow has risen past 34000 and while this break sustains our view of seeing a corrective fall will get negated and a further rise to 35000 is possible. DAX is stuck in the narrow 15100-15300 range and looks mixed in the near-term. Nikkei and Shanghai can oscillate in the range of 28000-31000 and 3350-3500 […]

STOCKS Equities remain mixed. Dow is stuck in between 33500 and 34000 while DAX between 15100 and 15300. They will have to break above 34000 (Dow) and 15300 (DAX) to move up further. Else a fall can be seen from here itself. Nikkei can fall within its 28000-31000 range. Shanghai is bearish to test 3350 […]

STOCKS Dow and DAX hover at their highs and may have room to move up further from here before seeing a reversal. Dow will have to fall below 33000 and DAX below 15000 to come under pressures for a fresh fall. Nikkei can fall towards the lower end of its 28000-30500/31000 range. Shanghai remains bearish […]

STOCKS Asians are trading weak failing to take cues from the rise in the Dow on Friday. Dow has risen past 33550 contrary to our expectation and can test 34000 while this break sustains. The expected corrective fall is getting delayed further. DAX keeps alive the chances of seeing 15500-15700 on the upside before seeing […]

STOCKS Equities remain mixed and are consolidating at higher levels. Broadly we remain cautious on the equities and will be looking for a corrective fall after this consolidation. Dow has to break above 33550 to avoid a fall below 33000 from here. DAX keeps alive the chances of rising to 15500-15700 before a sharp correction […]

STOCKS Dow remains stable below 33500 and has to fall below 33000 in order to strengthen the case of seeing the fall to 32000-31000 that we have been expecting. DAX seems to lack momentum and can come under pressure if it falls below 15000 from here which will negate the chances of seeing 15500-15700. Nikkei […]

STOCKS Resistance at 33550 on the Dow is holding in line with our expectation. A break below 33000 can trigger the expected corrective fall. DAX has room to test 15500-15700 on the upside before witnessing a sharp reversal. Nikkei can come down within its 28000-30500/31000 range. Shanghai has come-off failing to break above the resistance […]

STOCKS The rise to 33550 on the Dow has happened and it has to fall-back immediately and break below 33300 from here to keep intact our view of seeing a corrective fall. DAX has room to test 15500-15700 from here before reversing lower. Nikkei can retain its 28000-30500/31000 range and can fall within this range […]

STOCKS Dow can see a rise today following the strong job numbers released on Friday. A test of 33500-33550 is possible while it sustains above 33000 and then a reversal is possible. DAX also has room to test 15500-15700 while it sustains above 15050. Nikkei is heading towards the upper end of its 28000-31000 range. […]

STOCKS Dow is struggling to get a strong follow-through rise above 33000 and looks vulnerable for a fall from here itself without seeing an extended rise. It will have to be seen how the market reacts to the proposed increase in the US corporate tax announced along with the $ 2 trillion infrastructure recovery package […]

STOCKS Dow has to sustain above 33000 to see an extended rise to 33450-33500 before a reversal. Else a fall can happen from here itself. DAX is at its crucial resistance which we expect to hold and drag the index lower. Nikkei and Shanghai look mixed and can remain sideways for some time. Sensex and […]

STOCKS Dow has risen past 33100 contrary to our expectation and can see an extended rise to 33450-33500 before the expected reversal happens. DAX has come closer to its crucial resistance level of 15000 from where we expect it to reverse lower. Nikkei and Shanghai can consolidate sideways with a bearish bias. Sensex and Nifty […]

STOCKS Global equities are showing signs of a sideways consolidation for some time rather than running into a sharp correction immediately which we have been expecting. The expected correction may happen after this sideways consolidation. We will have to wait and see. Dow may consolidate between 32000 and 33000/33100. Nikkei can trade sideways between 28000 […]

STOCKS Equities continue to remain weak. Dow failed to sustain the bounce above 32500 and remains vulnerable to test 32000-31000 on the downside. DAX still keeps alive the chances of seeing some more rise from here before the expected correction begins. The bounce in Nikkei and Shanghai seen in early trades today could be short-lived. […]

STOCKS Equities are under pressure. Dow has declined below 32500 and looks vulnerable for a further fall to 32000-31000. There are early signs of a top in place. DAX is managing to hold higher for now but may not sustain as a strong resistance is ahead that can cap the upside and trigger a corrective […]

STOCKS Dow sustains above 32500 but needs to rise past 33100 to avoid a corrective fall from here. DAX keeps alive the chances of testing 14900-15000 before reversing lower. Nikkei and Shanghai look vulnerable for a fall. But they can consolidate sideways for some time before the expected fall happens. Sensex and Nifty have key […]