Day Trading Guide: 2 stock recommendations for ThursdayThe Nify50 Index finally managed to scale past the psychological level of 18,000 and closed with gains of 170 points at a new high of 18,16...
Tech View: Nifty faces hurdle at swing high as consolidation continuesNifty50 has been consolidating in the past couple of weeks and is currently trading near the upper end of the range.
Tech View: Nifty forms Inside Bar as consolidation phase continuesDuring the day, the NSE barometer found support at its 20-day moving averages, whose value now stands at the 15,700 level.
Market Movers: Burger King hits lower circuit for second straight day; midcaps, smallcaps underperformThe benchmark equity indices extended their gains for the sixth straight session following gains in Infosys, ICICI Bank, Reliance Industrie...
Tech View: Nifty forms bullish candle, faces stiff resistance aheadFor a sustainable upswing, Nifty needs a fresh breakout above 12,000 level on a closing basis.
Market pain deepens as rupee sees sharp fall; Sensex plunges 400 pts, Nifty tests 11,300The rupee saw sharp fall in the afternoon session and plunged as much as 19 paise.
Tech view: Nifty forms Long Black Day, downtrend may accelerateTraders should make use of any rally towards the 10,900 level to lighten up long positions.
Sensex, Nifty50 hit fresh record high; Infosys flat ahead of Q3 resultsData released earlier in the day showed Chinese exports grew at 10.9 per cent in December,.
Rupee opens 8 paise lower against US dollar at 65.09The local currency on Wednesday settled 49 paise up at 65.01 against dollar.
Tech view: Nifty50 forms Hammer pattern; may pull back next weekA breach above the 9,948 level can be a buy-on-dips opportunity at some point next week.
'Buoyed by consistent growth, SIPs set to double in 2 years'SIPs, which are a relatively new investment opportunity in the country, have already trebled in the past 3 years
Tech View: Nifty50 forms ‘Bullish Flag’, initiates fresh upmove towards 9,600This pattern generally meets its projected target faster than other price patterns.
F&O watch: Call writing at 9,150, 9,200 and 9,250 restricting upside for Nify50Nifty has hold 9,075 to witness buying interest around 9,160 and 9,218 levels, while on the downside, the 9,020-9,000 zone is likely to act...
Expect Nify to be rangebound between 8420 and 8530: Mitesh ThackerThough there will bring some kind of choppiness but for the time being for next few days it looks like we are doing a range of 8420 to abou...
Smaller stocks doing well: Ashwani GujralEverything which came down 90% is going to move up so that is a theory that will probably work for the next few days.
- Buy Nifty March futures at 5360: Rajat Bose
At lower levels, buy into Nify March futures, currently the trading at 5371. Buy it around 5360 putting a stop below 5340 and expecting 540...
- Heard on the Street: Market operators stay away from penalised broking firm's IPO
The state of local brokerages has not helped in selling the issue, while grey market operators are unwilling to trade the to-be-listed stoc...