Technical Report: Derivative Research Report

Our domestic market plunged post the announcement of the rate hike by the RBI Governor, which was majorly in line with the market expectations. The benchmark index Nifty50 descended towards the 18560 odd levels in intraday trade and struggled throughout the trading session. By the penultimate hour, a sell off triggered that dragged the index …

The weakness among the global peers led to a timid opening in our equity market. The benchmark index Nifty50 started the day with a small gap down and hustled in a narrow range at the lower end throughout the session. Amidst the lackluster session, the bulls showed their comeback in the penultimate hour and made …

The Indian equity market started the week on a mild note despite positive global developments over the weekend. The benchmark index slipped instantly post the opening bell, but the dip augured well for the bulls as they retaliated from the lows and made a modest recovery in the index. We have witnessed some tentativeness in …

The Indian market had a splendid week, as the bullish momentum carried throughout the week, with Nifty being on a roll of achieving new heights daily. However, the stellar run of the eight consecutive days came to a halt ahead of the weekend as Nifty snapped its winning streak and took a breather. All in …

The positive global cues led to a decent gap up opening to our domestic market, wherein the benchmark index Nifty50 continued its northwards journey consecutively for the eighth trading session. The bulls are being dominant as they persuade on the intraday dip to showcase their resilience; however, some profit booking was seen later in the …

The Indian market had a splendid start to the week, with the benchmark index Nifty50 clocking new highs. The bullish momentum carried throughout the week, with Nifty being on a roll of achieving new heights daily. However, the stellar run of the eight consecutive days came to a halt ahead of the weekend as Nifty …

We started the session on a humble note in absence of global as well as domestic triggers. Since there was no participation from major heavyweight pockets, we continued with the consolidation phase within a small range. However, at the stroke of the penultimate hour, the buying momentum suddenly kicked in which augmented in last half …

The global markets continues to sulk; but despite SGX indicated a sluggish start, we completely shrugged off this negativity to kick off the session on a flat note. In the initial hours, the buying reinforced in some of the heavyweight names, which pushed index at new highs. We were about to reach yet another milestone …

The week started on a nervous note owing to cautious approach in the global peers. With COVID related concerns in China, our markets too opened slightly in the negative territory. After a brief pause, the buying resumed as we stepped into the second half. However, due to some modest profit booking towards the end, Nifty …

We saw bulls unleashing on Thursday to surpass 18450 with some authority however the following session did not have any traction in the index. Eventually, Nifty managed to close above 18500 mark to clock highest ever weekly close. On a weekly basis, Nifty added more than a percent to the bulls’ kitty.

Post strong come back in the month of October, the benchmark continued its northward move wherein 17900-18000 zone acted as a sacrosanct support zone. We had a gradual move wherein any declines were strongly bought into to reclaim 18500 on the final day of November series. Eventually, we concluded yet another series in …

On Monday, our domestic markets started the week on a nervous note citing to sluggish global cues. However, it was more of a consolidation with mildly negative bias. The sacrosanct support around 18100 provided cushion at lower levels which was then followed by some modest recovery in the following sessions. The monthly expiry had its …