Nifty Takes a Dive: Global Crises Cast a Long Shadow

Friday’s Pick NIFTY 29AUG24 FUT RS.18750/- (5 Lot ) TRENT FUT RS. 16000/- ( 1Lot ) Nifty Technical View After a five-day winning streak, the Nifty 50 index fell below the crucial 25,000 point mark, closing at 24,718. This decline was influenced by negative trends in the global market. Market

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Nifty: The Rollercoaster Ride Continues

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

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Budget Impact: Nifty Unmoved, Bank Nifty Under Pressure

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

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Nifty on a Doji Tear! Two Days of Gains Set Market Ablaze

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

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Nifty & Bank Nifty Struggle: Bulls Ready for a Comeback?

Nifty Unstoppable! Bulls Charge Back to New Peak

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

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Nifty Takes a Rollercoaster Ride: Early Dip Eased by Late Buying

YESTERDAY’S PICKS FINNIFTY 30JUL24 FUT RS.16000/-(PER 5LOT) NIFTY TECHNICAL VIEW The Nifty 50 ended the day almost unchanged, despite starting low. It recovered over 100 points but still closed slightly negative. On the bright side, it stayed above 24,300 at the close and even touched 24,100 during the day.If the

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Nifty Surrenders to Selling Pressure, Bears Mauling Markets

Yesterday’s Pick NESTLEIND FUT Rs 5,800 (Per 1 Lot)NIFTY 11 JUL 24450PE Rs 4,375 (Per 5 Lot)TCS 25JUL24 4000 PE Rs 19,250 (Per 5 Lot)BANKNIFTY 31JUL24 FUT Rs 12,750 (Per 5 Lot)SHOPERSTOP Rs 22,200 (Quantity 200) Nifty Technical View The Nifty 50 has formed a bearish candlestick pattern on the

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Nifty & Bank Nifty Struggle: Bulls Ready for a Comeback?

Nifty & Bank Nifty Struggle: Bulls Ready for a Comeback?

Nifty & Banknifty Feeling the Heat: Will the Bulls Find Their Mojo? Yesterday’s Pick SHOPERSTOP Rs 6,000 (Quantity 200) TCS 25JUL24 4000 CE Rs 11,375 (Per 5 Lot) HCLTECH FUT Rs 11,200 (Per 1 Lot) SUNPHARMA FUT Rs 5,250 (Per 1 Lot) Nifty Technical View: The Nifty 50 has created

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Nifty & Bank Nifty: Will They Break Out or Break Down Next?

Nifty & Bank Nifty: Will They Break Out or Break Down Next?

Nifty & Bank Nifty Stuck in Neutral: Breakout or Breakdown Next?Yesterday’s PickZYDUSWELL Rs 36,600 (Quantity 200)DRREDDY 25JUL24 6400 CE Rs 31,250 (Per 5 Lot)HDFCBANK FUT Rs 22,000 (Per 1 Lot)TATACONSUM FUT Rs 5,400 (Per 1 Lot) Nifty Technical View: The bulls have regained control of Dalal Street from the bears.

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Nifty & Bank Nifty in Neutral: Eyeing the Next Big Move

Nifty & Bank Nifty in Neutral: Eyeing the Next Big Move

Nifty & Bank Nifty Stuck in Neutral: Breakout or Breakdown Next? Yesterday’s Pick NIFTY 04JUL24 24100 C Rs 4,375 (Per Lot 5)Short Term Pick DEEPAKNTR Rs 57,600 (Quantity 200)Weekly Top Pick MGL Rs 40,000 (Quantity 200) Nifty Technical View: The market experienced a period of sideways movement after reaching a

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