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nifty

Traders’ Thursday Game Plan: Strengthening Downside Support in Tech View

by Craig Fedirighi
Traders’ Thursday Game Plan: Strengthening Downside Support in Tech View

While ending with gains of 98 points, Nifty on Wednesday formed a shooting star like candle on the daily chart but is facing resistance around the 19,800-level. The positive chart …

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Categories Business

Traders’ Guide for Wednesday: Slowing Down of Nifty’s Downside Momentum in Focus

by Craig Fedirighi
Traders’ Guide for Wednesday: Slowing Down of Nifty’s Downside Momentum in Focus

Nifty ended Tuesday’s session flat and in the process formed a small bearish candle with a minor lower shadow on the daily chart. This pattern indicates a choppy movement in …

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Categories Business

Consumer stocks slide offset by metals, leaving Sensex and Nifty unchanged

by Craig Fedirighi
Consumer stocks slide offset by metals, leaving Sensex and Nifty unchanged

BENGALURU: Indian shares were little changed on Tuesday as a slide in consumer stocks offset the uptick in metal stocks, ahead of the US Federal Reserve’s policy decision. The Nifty …

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Categories Business

Technical Charts: Analyzing Nifty’s Weakness through Price and Momentum Indicators. How Traders Should React on Tuesday.

by Craig Fedirighi
Technical Charts: Analyzing Nifty’s Weakness through Price and Momentum Indicators. How Traders Should React on Tuesday.

Indicating sell on rise opportunity in the market, a red candle with minor upper shadow was formed on the daily chart on Monday as Nifty ended 73 points lower. Nifty …

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Categories Business

Markets continue correction after reaching all-time highs

by Craig Fedirighi
Markets continue correction after reaching all-time highs

MUMBAI: Equity benchmark indices declined in early trade on Monday, extending corrections from their life-time peaks for the second consecutive session, dragged down by index heavyweight Reliance Industries after the …

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Categories Business

IT Pulls Down Sensex by 888 Points as Infy Sees a Dive

by Craig Fedirighi
IT Pulls Down Sensex by 888 Points as Infy Sees a Dive

MUMBAI: A sharply lower closing for the tech-heavy Nasdaq index on Thursday, along with heavy selling in Infosys on the back of its drastic cut in revenue growth guidance, pulled …

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Categories Business

What actions should traders take as Sterling & Wilson Renewable Energy shares surge 27% in just one week?

by Craig Fedirighi
What actions should traders take as Sterling & Wilson Renewable Energy shares surge 27% in just one week?

Following a 27% weekly rally in shares of Sterling & Wilson Renewable Energy last week, Kunal Shah of LKP Securities suggests buying the stock on dips. “The stock has strong …

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Categories Business

What should traders do next week as Nifty support moves to 19,700: A Tech View

by Craig Fedirighi
What should traders do next week as Nifty support moves to 19,700: A Tech View

Now, it has to hold above 19700 zones to extend the move towards 19900 then 20000 zones, while on the downside, support is placed at 19650 and 19550 zones, said …

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Categories Business

Beyond the Magical Mark: Bulls Push Nifty Eyes 20,000 — How Far Can They Steer the Index?

by Craig Fedirighi
Beyond the Magical Mark: Bulls Push Nifty Eyes 20,000 — How Far Can They Steer the Index?

Taking inspiration from Chandrayaan-3, Nifty50 has soared into uncharted territory. Amid strong optimism in the market, Nifty50 has surpassed the 19,900 mark, but many are eagerly awaiting the next big …

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Categories Business

Investor’s Guide: Nifty’s 20K Milestone Dominates Tech View – Trading Tips for Friday

by Craig Fedirighi
Investor’s Guide: Nifty’s 20K Milestone Dominates Tech View – Trading Tips for Friday

Nifty on Thursday ended 146 points higher — just a few points away from the psychological hurdle of a new milestone at 20,000. In the process, the index formed a …

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Categories Business
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