Technical Analysis & Derivative Research Reports

Select Type
Thursday, May 26, 2022

The last three days’ price action suggests a lack of conviction at higher levels, and hence every time we move closer to the higher range, the market starts getting nervous. The benchmark index Nifty50 stayed under pressure from the initial hours and gradually descended to test the 16000 mark. A brisk recovery from the 16000 …

View report: PDF Icon PDF
Wednesday, May 25, 2022

Weak Asian cues led to a timid start to our domestic market, wherein the benchmark index tumbled in the initial hours. The Nifty50 index kept hustling in a slender range for most of the session and witnessed a lackluster day of trade. The correction was aggravated by the fag end that dragged the Nifty below …

View report: PDF Icon PDF | HTML
Tuesday, May 24, 2022

The Indian equity market started the day with high volatility at the opening bell, led by mixed global cues and domestic macro developments over the weekend. The benchmark index Nifty50 soon collected optimism and progressed upwards to test the crucial resistance zone of 16400 odd levels. Though in the latter half, the momentum depleted as …

View report: PDF Icon PDF | HTML
Monday, May 23, 2022

Our markets witnessed many twists and turns during the last week and on Friday the activity started with yet another gap; but this time it was fortunately on the higher side. This pleasant surprise picked up its momentum as the day progressed, to conclude the week convincingly above the 16200 mark.

View report: PDF Icon PDF | HTML
Friday, May 20, 2022

Yesterday’s opening was painful as Nifty opened lower with nearly 300 points due to massive overnight sell off in US bourses. This has certainly caught lot of momentum traders on the wrong foot who had carried over their longs after Tuesday’s sharp rebound. Barring negligible bounce in the initial trades, the index kept decelerating downwards …

View report: PDF Icon PDF | HTML
Thursday, May 19, 2022

Tuesday’s massive rally was followed by yet another gap up opening with modest gains. We clearly shrugged off the global cues as the SGX Nifty was indicating a sluggish start in the morning. In the initial trades, Nifty extended its gains towards 16400, but failed to sustain at higher levels. Around the midsession, Key indices …

View report: PDF Icon PDF | HTML
Wednesday, May 18, 2022

The global trading screen early in the morning was pleasant and as a result, our markets started with a modest upside gap slightly above 15900. However, the momentum accelerated as the day progressed across the heavyweight spaces to send Nifty comfortably beyond 16250 on a closing basis. Unlike recent sessions, the upward rally was here …

View report: PDF Icon PDF | HTML
Tuesday, May 17, 2022

Trading for the week started on a pleasant note despite sluggish global cues. In the initial hour, the gains extended to move towards the 16000 mark. Similar to recent trend, the profit booking took place at higher levels to erase all gains around the midsession. Although market recovered slightly thereafter, the overall movement was quite …

View report: PDF Icon PDF | HTML
Monday, May 16, 2022

On Friday, we started off significantly higher on the back of global relief; but once again our market failed to sustain at higher levels and eventually erased all gains in the latter half. With this, Nifty once again lost nearly 4% on a weekly basis.

View report: PDF Icon PDF | HTML
Friday, May 13, 2022

The Indian equity market tumbled, tracking the global bourses, wherein the benchmark index Nifty50 plunged below the psychological mark of 16000 from the start of the session. The weakened macro factors have dampened the overall sentiments as we witness the relentless selling pressure in the equities. The index concluded the day in red with another …

View report: PDF Icon PDF | HTML
Thursday, May 12, 2022

Led by the overnight recovery in the global market, our market started the session on a stable note. The benchmark index Nifty50 witnessed a flat opening that soon went into a correction as an across board sell off triggered and tested the 16000 odd zone at the lower end. The bearishness intensified; however, the market …

View report: PDF Icon PDF | HTML
Wednesday, May 11, 2022

The Indian equities started on a subdued note, led by the mixed global cues, wherein the benchmark index Nifty50 witnessed a slender range bound movement throughout. There was no significant action seen in the primary index until a sell off triggered by the fag end, which certainly showcased the tentativeness among the market participants. Post …

View report: PDF Icon PDF | HTML

Enjoy Zero Brokerage on Stock Investments

Get the link to download the app

Enjoy Lifetime Free Delivery Trade

Download the app now

Or Scan below QR Code

to download App

Get Demat Account for Free