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The markets saw a decisive drop in trading margin of 500 points (26,200-25,700) after a period of consolidation, ending the week on a negative note. Throughout the week, Nifty was trading with a clear downtrend, fluctuating within a range of 750 points between 26,373 and 25,623. It was the only major global stock index to […]
Nifty’s rally seems to be hitting resistance around 26,200 points while Bank Nifty is showing early signs of fatigue after surging. Rupak De, senior technical analyst at LKP Securities, expects action in the range up to the November expiry and highlights key support and resistance levels along with his top trade ideas in Hindalco, Five-Star […]
The markets traded positively throughout the week as Nifty continued its upward move and remained within a certain range. The index fluctuated in a narrow band of 448.70 points and moved between 24,881.65 and 25,330.75. Despite intra-week volatility, the index managed to post a net gain of 391.10 points, or 1.57%, on a weekly basis. […]
The Nifty and Nifty Bank index have risen well for the second week in a row. Nifty is getting close to its crucial resistance. We will have to see if the expected bullish breakout happens this time or not. Nifty may gain momentum after breaking above immediate resistance at 25,450. Such a break could take […]
