Technical Analysis & Derivative Research Reports

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 …

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.

The positive global developments led to a firm start in our equity market, and gradually the benchmark index kept surging upward on the expiry session. The broad based buying has uplifted the overall market sentiments, which certainly portrays the urge of the bulls of D Street while favorable conditions. The Nifty50 index finally concluded the …

The Indian equity market started the day on a promising note with a decent gap up in the benchmark index, but the bulls failed to capitalize on the initial gains and the index plunged to lower levels. The hustle continued for the entire session as we witnessed an intense tug of war between bulls and …

The mixed global market led to a mild start in Indian equities, wherein the benchmark index started the session on a flat note. Soon after, the bulls grabbed the opportunity and made a modest recovery in the index, post which slender range bound moves were seen for the majority part of the day. Amidst the …

The Indian equity markets had a timid start to the week, taking cues from the bleak Asian bourses. The benchmark index Nifty50 slipped into the bullish gap at the very beginning of the opening bell and stayed in a slender range at the lower zone throughout. The bulls hesitated to capitalize on the dip, and …

During the last week, Nifty consolidated in a slender range of 200 odd points for a major part of the week. By the weekend, a sell off triggered in the broader market, which dragged the benchmark index lower, but bulls retaliated well to safeguard the support zone and concluded the week with a mere cut …

The global cues were a bit on the sluggish side to start the day. However, we began the session on a flat note by shrugging off these developments. For the most part of the session, index consolidated in a slender range. But unlike previous sessions, the end was certainly not the same. We witnessed a …