The Nifty50 seems to be in a bull phase as the uptrend extended for the seventh consecutive session, taking the index above the 15,600-mark for the first time on May 31. Metals, banking & financials, pharma and FMCG stocks helped the market close at a record high. The index formed a bullish candle on the […]
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After the strong upside move in the week ended May 21, Nifty touched fresh all-time high i.e. 15,469.65, in spot. Another milestone added to the list. The Nifty futures during this week ranged from 15,150 to 15,500, ending the week by gaining around 1.79 percent. On the OI (open interest) front, OI Unwinding witnessed over […]
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The fast moves can be well leveraged without even taking an un-limited risk using Backspreads. Shubham Agarwal May 29, 2021 / 12:26 PM IST Since we are buying extra options ,the strategy has a limited risk profile. Nifty has been approaching new all-time highs and with indices possibly ending its consolidation there may be many […]
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The Nifty50 made a strong start to the June series, hitting a fresh high on a fall in the dollar index and a decline in coronavirus cases in the country. Reliance Industries was the leading contributor to the rally followed by HDFC group stocks. The index extended gains for the sixth consecutive session and ended […]
Continue ReadingBloomberg Intelligence’s strategists said these stocks are “very well aligned to a few catalytic events that the market is presciently sniffing out” such as infrastructure spending, fiscal support to boost consumption and global tailwinds for exporters. (Representational image) The Nifty50 extended the uptrend to a fifth consecutive session to close at a record high on […]
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Bloomberg Intelligence’s strategists said these stocks are “very well aligned to a few catalytic events that the market is presciently sniffing out” such as infrastructure spending, fiscal support to boost consumption and global tailwinds for exporters. (Representational image) The Nifty50 extended the uptrend to a fifth consecutive session to close at a record high on […]
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Bloomberg Intelligence’s strategists said these stocks are “very well aligned to a few catalytic events that the market is presciently sniffing out” such as infrastructure spending, fiscal support to boost consumption and global tailwinds for exporters. (Representational image) The Nifty50 extended the uptrend to a fifth consecutive session to close at a record high on […]
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Bloomberg Intelligence’s strategists said these stocks are “very well aligned to a few catalytic events that the market is presciently sniffing out” such as infrastructure spending, fiscal support to boost consumption and global tailwinds for exporters. (Representational image) The Nifty50 extended the uptrend to a fifth consecutive session to close at a record high on […]
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The Nifty50 traded higher for most of the session after a volatile start and need above the 15,300-mark, giving the highest daily close of the last 65 sessions on May 26. The rally was driven by IT, financials, select auto and pharma stocks. The index formed a bullish candle that resembled Hanging Man pattern formation […]
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The Nifty50 traded higher for most of the session after a volatile start and need above the 15,300-mark, giving the highest daily close of the last 65 sessions on May 26. The rally was driven by IT, financials, select auto and pharma stocks. The index formed a bullish candle that resembled Hanging Man pattern formation […]
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The Nifty50 traded higher for most of the session after a volatile start and need above the 15,300-mark, giving the highest daily close of the last 65 sessions on May 26. The rally was driven by IT, financials, select auto and pharma stocks. The index formed a bullish candle that resembled Hanging Man pattern formation […]
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The Nifty50 traded higher for most of the session after a volatile start and need above the 15,300-mark, giving the highest daily close of the last 65 sessions on May 26. The rally was driven by IT, financials, select auto and pharma stocks. The index formed a bullish candle that resembled Hanging Man pattern formation […]
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The Nifty closed with marginal gains on May 25 amid volatility, forming a bearish candle on the daily scale with a long lower shadow. “Considering the fact that index remained volatile ahead of expiry, traders are advised to refrain from shorting but intraday traders with high risk can go long above 15,300 for modest targets […]
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Is buying low & selling high an apt strategy? Let’s find out. The most common thought a trader entering the markets has is, that one needs to identify stocks trading lower, buy it and sell it when it moves up. Though it looks extremely easy and convenient in a theoretical world; that is not the […]
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The Nifty50 closed at a two-and-a-half-month high on May 21 after two straight days of losses, backed by gains in bank and financial stocks. All sectors closed in the green. After opening higher at 14,987.80, the index extended gains to hit the day’s high of 15,190 in late trade. It ended 269.30 points, or 1.81 […]
Continue ReadingGoing ahead, bias is on the positive side till the time Nifty is holding above 14,800 Himanshu Gupta May 21, 2021 / 07:18 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url […]
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The Nifty50 remained under pressure for major part of the session on May 20 and closed lower for the second consecutive day to form a bearish candle on the daily charts as the closing was lower than opening levels. Banking & financials, metals, FMCG, and select IT stocks witnessed selling pressure. But the broader markets […]
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Nifty50 twice attempted to climb above the previous closing of 15,108, but failed to hold the same and remained volatile through the day with a negative bias on May 19. The index fell half a percent and formed small bearish candle which resembles a Shooting Star kind of pattern on the daily charts. Banking & […]
Continue ReadingOverall, market witnessed follow-up buying on Tuesday and Nifty managed to surpass the key resistance level of 15,100. The rally was supported by banking, auto and metal counters, said Shitij Gandhi of SMC Global ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ […]
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Nifty50 extended rally for the second consecutive on May 17 spurred by banking & financials, auto, IT and metal stocks. The index formed a bullish candle on the daily charts as the closing was higher than the opening. If the index holds 15,043 in the coming sessions, it can march towards previous record high levels, […]
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