India Pre Market News : 22 Mar 2021

STOCKS Equities seem to lack strong follow-through rise to move further higher. Our cautious stance remains intact and we will be looking for a sharp corrective fall in equities going forward although some upside is possible from current levels in some indices. The resistance at 33100 on the Dow is holding well and the index […]

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India Pre Market News : 19 Mar 2021

STOCKS The rise after the US Fed meeting has not sustained. The global equities have failed to get a strong follow-through buying thereafter. This keeps our broader cautious view of seeing a sharp correction in the equities with limited upside from here. 33100 on the Dow is holding. DAX has resistance at 14900-15000. Nikkei and […]

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India Pre Market News : 21 Jan 2021

STOCKS Equities are regaining momentum as the sentiment is getting a boost as Biden has sworn in as the new US President. Dow, Sensex and Nifty are looking bullish. Dow can test 31500. Nifty can move up to 14800-15000 while the Sensex can target 50300-51000. DAX and Nikkei can consolidate sideways within their current uptrend. […]

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India Pre Market News : 20 Jan 2021

STOCKS Equities broadly look mixed while they manage to hover at higher levels. Dow will need a strong rise past 31000 to move further higher. DAX, Nikkei and Shanghai can consolidate sideways for some time. Sensex and Nifty have recovered sharply and can move further up if they can sustain the bounce today. Overall, it […]

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India Pre Market News : 19 Jan 2021

STOCKS DAX, Nikkei and Shanghai have bounced-back yesterday thereby easing the danger of falling below their crucial supports. The expected correction seems to be getting delayed again. A sideways consolidation looks like a possibility in the near-term. We will have to wait and watch the price action. Dow was closed yesterday and needs to see […]

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