
The formation of a weak pattern immediately after the sustainable upside from the lower support may not be a good…
Technically, although the index recovered sharply from the day’s lowest point, the short term formation of the index is still…
In this expiry week, a decisive close above last week’s high (17490) along with cool off in India VIX (which…
Till Nifty remains below 17350, weakness may be seen towards 17100 and 17000 zones whereas hurdles can be seen at…
From the last four weeks, prices are trading between the ranges of 16800-17500 levels and whenever the prices dip near…
On the weekly chart, Nifty 50 index formed a small bullish candle with shadows on either side indicating indecisiveness amongst…
Upside acceleration towards the 17800 levels is likely once the Nifty takes out the downward sloping trend line
Nifty has to hold above 17300 zones, for an up move towards 17500 and 17777 zones whereas support can be…
Nifty Put options OI distribution shows that 17,000 has highest OI concentration followed by 17,200 & 17,300 which may act…
For the bulls, as long as indices are trading above 17200/57800 uptrend texture will continue till 17450-17550/58500-58750.
With earnings season winding down, investors will turn their attention back to macroeconomic concerns, with special focus on inflation numbers
Going ahead, we expect the Bank Nifty index to hold above the support area of 37500 and gradually head higher…
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