Category: India

After opening on a firm note last week the markets slipped in the last two trading sessions. This was something we had expected and expressed in our weekly column. The reasons were rising bond yields and inflationary fears as oil prices jumped overseas. Oil is a multiplier commodity. Its rise raises inflation in essentials and […]

Shubham Agarwal Markets can be trending or consolidating at times and as a trader, one should look to place their trade as an opportunist. In times when the market is consolidating, opportunities exist for making returns by selling options. With highly liquid weekly options available, forecasts of even a week’s consolidation can be converted into […]

The Nifty50 fell for the second consecutive session, slipping below the psychologically important 15,000-mark on March 5, dented by rising US bond yields and oil prices. All sectoral indices ended in the red, with banks, IT, metals and pharma stocks seeing a major correction. The index opened gap down at 14,977.95 and traded lower for […]

The Nifty50 snapped its three-day gaining streak and closed a percent lower on weak global cues on March 4, but formed a bullish candle on the daily charts as the closing was higher than opening levels. The index defended the psychological 15,000-mark and closed above the same level. The bullish candle with a bigger shadows […]

Representative image Bulls maintained their charge on the D-Street pushing Nifty50 higher by over 2 percent supported by global markets which turned the corner following the sell-off in the week prior. Banking & financials, IT, Metals and Pharma stocks led the upside. The index formed a bullish candle on the daily charts as closing was higher than opening levels. The […]

The Nifty50 traded higher for major part of the session and closed on strong note for the second consecutive session on March 2 after Friday’s mayhem. Buying in auto stocks post February sales data, FMCG, IT, select metals and pharma stocks aided the rally. The index formed bearish candle on the daily charts as closing […]

The Nifty50 started the week and the month on a solid note, trading higher throughout the session to rally 1.6 percent on March 1 after a steep correction in the previous session. India VIX also fell sharply by 8.94 percent from 28.14 to 25.62, which experts say could give some stability to the market. Encouraging […]

The Benchmark index has seen 5 DMA and 10 DMA bearish crossover formations which are supportive for the continuation of bearish price movement further. ‘); $ (‘#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 = […]

The markets ended the week ended February 26, 2021, on a bearish note. The decline on Friday was substantial enough to trigger losses of 3.02 percent on the Nifty and 2.90 percent on the Bank Nifty on a WoW basis. Notably, the selling persisted till the fag end of the trading session. Being the first […]

Ratio line shows a reversal from pattern re-test zone (i.e. peak of August 2018). Fall has been steep, yet it is trading above its 50-EMA. Pritesh Mehta February 28, 2021 / 07:31 PM IST Esab India | Acacia Partners LP sold 3,31,649 shares in the company at Rs 1,865 share in the company, whereas SBI […]

Representative image | Source: Unsplash Greed and Fear Indicator: Surge in VIX may put pressure on the market (VIX CMP – 28.14) India VIX moved up sharply by 26.5 percent from 22.25 to 28.14 levels on week on week basis. VIX touched the intraday high of 29.64 and made its highest levels of the last […]

We recommend buying Hindustan Petroleum Corporation around Rs 240 with a stop loss of Rs 205. ‘); $ (‘#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 = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { […]

fando Shubham Agarwal Capital Allocation is not unique to just investing, even trading needs a strategic approach to capital allocation and to your surprise it may need an even more tighter approach as the turn around time of trading cycles are extremely small. In past, while I worked for multiple broking houses, I observed a […]

The Nifty50 saw its fourth-biggest loss in absolute terms and formed a large bearish candle that resembled a Long Black Day formation on the daily charts on February 26, the first day of the March series. After opening gap down at 14,888.60, the index extended losses to hit the day’s low of 14,467.75. It signed off the […]

Image: Pixabay The Nifty50 was trading high through the session, though some profit- booking in the late hours saw the index close near the opening levels on February 25, the expiry day for the February futures & options contracts. The index continued the uptrend for the third consecutive session, driven by metals, pharma, auto, select […]

Image: Pixabay The Nifty50 was trading high through the session, though some profit- booking in the late hours saw the index close near the opening levels on February 25, the expiry day for the February futures & options contracts. The index continued the uptrend for the third consecutive session, driven by metals, pharma, auto, select […]

Image: Pixabay The Nifty50, except early dip, traded higher for major part of the session and snapped a five-day losing streak on February 23. Auto, metals, select banking & financials and index heavyweight Reliance Industries lent support to the market. The benchmark index formed a bearish candle which resembles Spinning Top kind of pattern formation […]

The Indian equity market saw a pull-back in the third week of February. The Nifty and the Bank Nifty touched their all-time highs of 15,439 and 37,770 only to see profit-booking from the high level. The Nifty gyrated in the 15,430-14,900 band and ended the week with a marginal loss of 1 percent. Meanwhile, Open […]

Pritesh Mehta Monday’s elation proved to be short-lived for the bulls as the journey thereafter saw index biggies and Nifty go through a retracement move for the rest of the week, resulting in a close below the 15,000 mark. The tell-tale signs of last week’s trade – choppy behaviour, weak Nifty breadth (around all-time high), profit-booking […]