Friday’s Pick BANKNIFTY 31 JUL 50700CE RS 10,800/-NIFTY 1 AUG 24800CE RS 6,250/- Technical view The Nifty 50 index has shown a strong upward trend, depicted by a significant bullish candlestick pattern on the daily charts. This movement was accompanied by higher-than-average trading volumes and the index rising above all
Yesterday’s Picks TATAMOTORS CASH RS14,400/- (200 Quantity)BANKNIFTY 31 JUL 50900PE RS 12,000/- (10 Lot)APLLTD CASH RS12,000/- (200 Quantity)Short Term LICI RS 7,000/- (200 Quantity) Nifty Technical view Nifty 50 index had a volatile day on July 25th, the day when many financial contracts expire. After a steep decline at the
Yesterday’s Pick BANKNIFTY 31JUL24 FUT Rs 22,500 (Per 5 Lot)BANKNIFTY 31 JUL 51600PE PE Rs 18,750 (Per 5 Lot)SUNPHARMA 25JUL24 1600 CE Rs 14,000 (Per 5 Lot)HDFCLIFE FUT Rs 1,43,000 (Per 5 Lot) Nifty Technical View The Nifty 50 has formed a bearish candlestick pattern on the daily charts, characterized
Yesterday’s Pick DLF FUT Rs 33,825 (Per 1 Lot)NIFTY 25 JUL 24500 PE Rs 9250 (Per 10 Lot) Nifty Technical View Market Recovers Strongly Post-Budget but Closes Slightly Lower The Indian stock market experienced significant volatility on budget day. After a sharp initial decline of over 1,200 points on the
Yesterday’s Pick NIFTY 25JUL24 FUT Rs 20,000 (Per 10 Lot) Nifty Technical View The Nifty 50 managed to hold above 24,500. However, it still closed below the support trendline as traders awaited the upcoming Union Budget. We believe that 24,000 will be a crucial support level, while 24,850 is expected
Friday’s Pick ITC FUT Rs 9,600 (Per 1 Lot)NIFTY 25 JUL 24750PE Rs 4375 (Per 5 Lot) Nifty Technical View The Nifty 50 has formed a bearish candlestick pattern resembling a Bearish Engulfing pattern on the daily charts, which indicates a potential trend reversal. The momentum indicator RSI (Relative Strength
Yesterday’s Picks Short term INDIACEM Rs 5,400 (Quantity 200)BAJAJFINSV 25JUL24 1600 CE Rs 10,000 (Per 5 Lot) Nifty Technical view The Nifty 50 index has shown a strong upward movement on the daily charts, forming a long bullish candlestick pattern. This follows two consecutive sessions of indecision, indicated by Doji
Nifty Technical View The Nifty 50 index has been steadily climbing for three consecutive sessions, showing a positive trend in its Relative Strength Index (RSI), which measures momentum. However, the appearance of consecutive Doji candlestick patterns at the peak suggests potential uncertainty or a possible reversal. If the index holds
Yesterday’s Pick BANKNIFTY 31JUL24 FUT RS 7500 (Per5 Lot ) Nifty Technical View The Nifty 50 has shown a Doji candlestick on its daily charts, suggesting uncertainty among traders regarding future market direction. Despite this, momentum indicators like RSI and MACD lean towards positivity. Such patterns typically hint at a
FRIDAY’S PICK WIPRO FUT RS 15000/- (Per Lot)BANKNIFTY 16 JUL 52500CE RS 17250 (Per 5 Lot)TCS CASH RS 26000 (200 Quantity) Infosys Cash RS 36400 (200 Quantity) Nifty Technical View The market showed strong growth after a period of stability, reaching a new record peak on July 12 by closing
