Categories
Business News Domestic Markets News Stocks

Nifty Took Down 200-SMA, but a “Hanging Man” Showed Up on the Charts

Nifty50 skyrocket on Friday topped the 10,900 zones with a formation of a bullish trend on the daily chart. The index recorded buying at lower levels as pointed by the “Hammer” formation in the previous trading session. Friday’s session boosted up some confidence among the traders by taking out 200-DMA resistance.

Categories
Business News Domestic Markets News Stocks

Nifty50 will Hit 200-DMA Resistance Point After Short-Covering Bounce

The Index witnessed strong short covering at low levels again in Thursday’s session. The market performance was way better than anticipated but ended up trading in a narrow range of sideways trajectory. Nifty remained neutral for most of the day until its last hour recording expiry-led moves. The index moved past 10,700 points and closed with a gain of 1.15 per cent or 121.75 points.

Categories
Business News Domestic Markets News Stocks

Expect Stray Recovery, but Nifty Witness Vulnerability at Higher Zone

We talked not only about the rebonds but also the possibility of selling at higher levels in our previous article. Trading took place exactly on the predicted lines with Nifty saw a strong bounce in Wednesday’s session and only got stronger and moved past 10,800 points as the day progressed.

Categories
Business News Domestic Markets News Stocks

Nifty Resistance Shifts to Lower Zone ; Investors are Advised to Use Every Pull Back for Exist

In Tuesday’s Session, the index turned out exactly on the expected lines with Nifty succumbing to a corrective move after facing 200-DMA resistance for several days. The market witnessed a negative opening and remained negative in the whole session. There was not any single point where index bounce back, as it remained in the negative zone for the entire session. The index falls below 10,600 points and closed market session with a loss of 1.81 per cent or 195.35 points.

Categories
Business News Domestic International Invest News Wealth

Warren Buffett: What are Investment Basics?

In our daily routine of looking at investments – Returns, Liquidity, Volatility, and Predictability matters. People might be wondering about this approach but there is nothing wrong with it, instead, those who successfully employed and get much of this right are better than 99% investors in the whole market. Due to our busy daily schedule, we only look at what investments are instead of looking at a deeper meaning of what they are.

Categories
Business News Domestic International Markets News Stocks

FPI Withdraws Rs 2,867 Crore from India So Far

New Delhi: Foreign Portfolio Investors (FPI) back out from Indian Market with Rs 2,867 crore in the ongoing month of July so far, prompted after profit booking from Indian equities surge.

Categories
Business News Domestic Markets News Stocks

Nifty Shapes Spinning Top on Weekly Charts as Traders Afraid of Heights

New Delhi: On Friday, Nifty 50 stayed in line with the seen trend since the last four trading sessions, featuring traders’ indecisiveness throughout the week. The index closed at 10,768 points down by 0.42 per cent or 45.40 points.

Categories
Business News Domestic Markets News Stocks

Nifty Next Hurdle in between 10,847 – 10,884 Levels

New Delhi: Nifty continued its uptrend pattern on Thursday. In its process, Nifty50 reclaimed it 10,800 zones by forming an inside bar on the daily chart. The next resistance to be break is in 10,847-10,884 points. While the immediate support is in the range of 10,690-10,700.

Categories
Business News Domestic Markets News Stocks

Investors are Advised to Stay Stock Specific as Nifty Forms Temporary Top

The merging area of two major indicators finally proved a firm resistance ahead for Nifty, which recorded some major correcting from higher levels. Nifty gave quite a start to the session, trading in a defined range without any directional bias for the day until its last hour when Nifty gave up and started unwinding of positions. It brought the index down from its high point of the day by 150 points and the Bank Nifty by 550 points. At last, Nifty closed with 0.87 per cent or 93.90 points loss.

Categories
Business News Domestic International Mutual Funds News

Nifty or Dow? Or Nasdaq? Should Investors First Pick Indian or International Funds?

In the current market situation this question has been rising above the ground – Which fund should investors bet first on Indian or foreign markets? Many of the point of view that market all over the world are so much turmoil, should not be it a good opportunity to go for international funds?

Categories
Business News Domestic Markets News Stocks

Sensex recover 40 per cent from March Lows, Yet 2 in 3 Stocks Failed to Keep Up

Mumbai: The Nifty50 and Sensex have rallied 40 per cent from March lows, covering losses of the last 3 and a half months, but if we look at it closely; out of the BSE 500 index stocks, majority of stocks are still trading below their 200 DMA (Daily Moving Average). This indicator show that the equity market rally has totally based on a smaller set of stocks.