[ad_1] We wrote about 150 points determining the Nifty recovery on Thursday and the bulls will be the happier camp at the end of the trading session as the index closed above the higher end of the range. 22,500 was conquered and the weekly options expiry session ended on a positive note with ₹12 lakh […]
Nifty’s record losing streak to result in positive returns? Here’s what data shows – CNBC TV18
[ad_1] The Nifty 50 index snapped a 10-day losing streak on Wednesday, when it ended higher. The losing streak was the longest on record for the index. Out of the 20 trading sessions in the month of February, the Nifty ended lower in 18 of them. According to data by SAMCO Securities, there have been […]
Trade Setup for March 6: Nifty bounce or sustained recovery? 150 points will determine the answer – CNBC TV18
[ad_1] Lots of positives to take for the Nifty bulls from the mid-week trading session on Wednesday. For starters, the index ended a record 10-day losing streak, and convincingly at that. Tariff worries were put to rest, at least for the day. Most index constituents participated in the upmove and most importantly, the advance-decline was […]
Trade Setup for March 4: Has the Nifty selling finally reaching a point of exhaustion? – CNBC TV18
[ad_1] At one point on Monday it felt as if the Nifty would even break below the 22,000 level on the downside as it came perilously close to doing so. After 23,500, 23,200, 22,800, 22,500, and 22,200, another much talked about support level for the Nifty was on the verge of breaking, opening the doors […]
Stock Market Crash: A chartist sees Nifty downside capped at these levels – CNBC TV18
[ad_1] Rohit Srivastava of Indiacharts believes that the Nifty downside will be capped at 22,000 level and he does not expect a break of this level. The Nifty 50 index has declined nearly 2% or over 400 points on Friday, February 28, extending their fall from the September 2024-peak to nearly 16%. In an interaction […]
Trade Setup for February 24: Nifty bulls’ resolve to defend 22,800 to be tested further post US crash – CNBC TV18
[ad_1] By the close of Friday’s trade, the bulls would have patted themselves on the back for relentlessly defending the 22,750 – 22,800 zone on the Nifty for at least the last eight trading sessions. That resolve and determination is likely to be put through a gruelling test on Monday, particularly after the sell-off that […]
Trade Setup for December 31: Is the Nifty set for a fall towards 23,300 during the January series? – CNBC TV18
[ad_1] Back during school days, there was a very famous PJ, which started off, reached a crescendo and then fell flat. It went as, “Bakri chadhi pahaad par….Bakri Chadhi Pahaad par….aur dusri taraf se utar gai!” (The Goat climbed the mountain but fell off the other side). If one looks at the Monday’s intraday chart […]
Trade Setup for December 19: How long can Nifty defend the December 13 low amidst Fed outcome – CNBC TV18
[ad_1] It has been three forgettable days for the Nifty bulls after the sharp rebound witnessed last Friday. What was earlier appearing as a retest of the 25,000 mark on the upside, has now turned into the index fighting to defend lower levels, having broken below all near-term averages on the downside. Company Value Change […]
Trade Setup for November 29: Has the Nifty recovery run its course as December series begins? – CNBC TV18
[ad_1] When you witness a fall like the one on Thursday, there are multiple theories that would float around as to what actually led to the fall. The Nifty, which opened higher, fell over 450 points from the highs of the day to end with losses of nearly 2% during its monthly expiry session. It […]
Nifty may fall another 10% in 3-6 months, says Macquarie’s Sandeep Bhatia – CNBC TV18
[ad_1] Macquarie’s Sandeep Bhatia expects the Nifty 50 index to fall another 10% in the next three to six months, despite the benchmark index already correcting 10% from its record high levels of 26,277 on September 27. In an interaction with CNBC-TV18 on Wednesday, November 13, Bhatia said that the post-Covid-19 euphoria is well and […]