Technical Report: Derivative Research Report

We kickstarted the week on a strong note taking favorable global cues into a consideration. In the initial hour, the move extended to reach the 17800 mark. However, the traders chose to take some money off the table at higher levels, which resulted in a gradual decline throughout the remaining part of the session. Eventually, …

Our market started the week on a bleak note taking cues from the weak global bourses, wherein the benchmark index tested the Budget day’s swing low and dented market sentiments. Nifty struggled near the 200 SMA throughout the week until the last session, when a robust recovery was seen in the broader market space. Eventually, …

Our market started the week on a bleak note taking cues from the weak global bourses, wherein the benchmark index tested the Budget day’s swing low and dented market sentiments. Nifty struggled near the 200 SMA throughout the week until the last session, when a robust recovery was seen in the broader market space. Eventually, …

Our market started the weekly expiry session on a bleak note, taking cues from the SGX Nifty and soon after the opening bell the benchmark index descended to the lower grounds. The bears once again tightened their grip, showing strong resilience in letting the Nifty surge. By the latter half, another round of sell off …

The Indian equity market snapped its selling spree and made a modest recovery in yesterday’s session. The benchmark index kickstarted the session on a positive note and stayed on the upward trajectory throughout the day. The bulls showed their presence post the strong correction of eight consecutive sessions and levitated market sentiments. The Nifty concluded …

Our market started on a flat note tracking the positive global cues and inched higher at the opening bell. But soon after, a sell off got triggered that gradually dragged the index below Monday’s low, signifying the strength of the bears at higher grounds. With the intense day of sell off, Nifty continued the selling …

It was third straight series of consolidation for the Indian equity market. Initially, we witnessed a gradual recovery to reclaim 18100 but as observed in the month of January, 18100-18200 acted as a sturdy wall. We initially observed some tentativeness around 18100 which was the followed by fresh round of selling to erase all the …

The weakness in the global markets led to a bleak start for Indian equities, wherein the benchmark index tested the Budget day’s low to daunt the market sentiments. However, by the penultimate hour some buying emergence from the lows led to a modest recovery in Nifty. With all the hustle, the benchmark index concluded the …

During the last week, the sell off exaggerated once the 17800 support was broken and like a tumbling house of cards, there was selling in the broader markets. After five days of continuous weakness, the prices had the lowest close in the last four months to end a tad above 17450 with a weekly loss …

Tracking the mixed global cues, the Indian equity market had a decent start to the week. However, there was no follow-up buying around the 18000 level and prices slipped lower throughout the session. As the week progressed, the sell-off exaggerated once the 17800 support was broken and like a tumbling house of cards, there was …

Our market started the session with marginal gains but soon after the sell off resumed to test the 17450 mark. The oversold markets then rebounded sharply post the initial hour to hasten towards 17600 in a flash. However, due to lack of follow up buying, the momentum fizzed out at higher levels. During the remaining …

The US bourses were under tremendous pressure overnight and taking cues from there our markets started with a big gap down opening. As the day progressed, we witnessed broad based weakness, and the sell off extended without any meaningful intraday bounce. Nifty eventually ended with a cut of 1.53% tad above 17550.