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index

Tech View: Nifty shows small body candle formation. How should one trade on Tuesday?

by Mark McDuffie
Tech View: Nifty shows small body candle formation. How should one trade on Tuesday?

Indian benchmark indices ended in red for the second session in a row dragged by FMCG and auto stocks. While the S&P BSE Sensex settled at 81,508.46, down by 200.66 …

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Tech View: Nifty gives inverse heads & shoulders breakout. What are cues for Friday trade?

by Mark McDuffie
Tech View: Nifty gives inverse heads & shoulders breakout. What are cues for Friday trade?

Indian headline indices finished positively for the fifth straight session on Thursday helped by top action in IT and bank stocks. Individually, Infosys, ICICI Bank and Tata Consultancy Services (TCS) …

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Tech view: Nifty breaches 20 DEMA, strong resistance near 24,360. How to trade tomorrow

by Mark McDuffie
Tech view: Nifty breaches 20 DEMA, strong resistance near 24,360. How to trade tomorrow

A long bear candle was formed on the Nifty 50’s daily chart, as the index breached its 20 DEMA in today’s session, which indicates a downside breakout of the range …

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Tech view: Nifty likely to trade within 24,000–24,500 range, forms doji candle. How to trade tomorrow

by Mark McDuffie
Tech view: Nifty likely to trade within 24,000–24,500 range, forms doji candle. How to trade tomorrow

The Nifty opened a gap and remained above the 24,100 level throughout the entire trading session. However, marginal profit booking was witnessed during the second half of the trading session. …

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Asia Index launches BSE Select IPO

by Mark McDuffie
Asia Index launches BSE Select IPO

Asia Index Private Ltd, a subsidiary of BSE, on Monday announced the launch of a new index – BSE Select IPO – to measure the performance of newly listed stocks …

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Tech view: Sustenance of upmove in Nifty crucial for buying interest, resistance at 24,567. How to trade tomorrow

by Mark McDuffie
Tech view: Sustenance of upmove in Nifty crucial for buying interest, resistance at 24,567. How to trade tomorrow

The Nifty remained volatile during the day before closing with a meaningful gain after several days. On the downside, it sustained above the previous day’s low, indicating strength in buying. …

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Tech view: Breakdown below 24,400 may open doors for 24k in Nifty. How to trade tomorrow

by Mark McDuffie
Tech view: Breakdown below 24,400 may open doors for 24k in Nifty. How to trade tomorrow

A long bear candle has been formed on the daily chart, which indicates an attempt at a decisive downside breakout of 24,600-24,500 levels. After the formation of a series of …

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Tech view: Bears in control of market, Nifty forms inside day candle. How to trade tomorrow

by Mark McDuffie
Tech view: Bears in control of market, Nifty forms inside day candle. How to trade tomorrow

The Nifty formed an inside day pattern on its daily chart, which is formed when the price trades within the high and low range of the previous day. Hence one …

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Tech view: Nifty breaks crucial support, may slide to 24,500 level. How to trade tomorrow

by Mark McDuffie
Tech view: Nifty breaks crucial support, may slide to 24,500 level. How to trade tomorrow

A long bear candle was formed on Nifty’s daily chart, which indicates a continuation of steep downside momentum. The positive chart pattern like higher tops and bottoms on the daily …

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Nifty or Nifty Bank? Each exchange can offer only 1 weekly options expiry from November 20

by Mark McDuffie
Nifty or Nifty Bank? Each exchange can offer only 1 weekly options expiry from November 20

Market regulator Sebi has tightened the derivative norms by rationalising the weekly expiry contracts for the options segment. Under the new rules, exchanges can offer expiry contracts for only one …

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