Morning Talk

Nifty50 formed a Bullish candle on the Daily chart on Thursday. This was the second day that the index formed a lower high-low. The index found some support near the 15,600 level during the session. Analysts said a breakout of the 15,600-15,550 range could lead to further selling in the …

Nifty finally showed intent to do something right. The markets halted their unabated move, retreated, and ended the day on a negative note. Nifty opened on a soft note but soon crawled inside positive territory to mark the high point of the day. However, after staying in the positive zone …

The market opened marginally higher and spent the entire session in a defined and shaded range without any directional move. After a positive start, Nifty marked another lifetime high of 15,901, and spent the rest of the session in an edge-on trajectory while coming away from its highs. The index …

As expected, Nifty got off to a soft start. However, sharp and volatile selling in the first hour of trading gripped the market. At one point Nifty found itself down by more than 180 points. However, the index improved gradually over the rest of the day. It managed to end …

The index witnessed a rally in Friday’s session as Nifty reached its new high in the first hour of the session. However, after that, the market retraced from its high point and remained largely confined for the rest of the session. After giving up most of its gains at one …

The Nifty 50 index saw a steady start, but remained in positive territory throughout the day, showing no intention of correcting. Though the index witnessed slight volatility, the overall session remained in a narrow range with Nifty 50 scoring 100 odd points. The headline index finally ended the day with …

Nifty 50, which was witnessing incremental highs with declining strength, got its first taste of violent gains during the session. The index started the day well. The market opened on a marginally positive note and maintained decent gains by trading sideways till the afternoon. However, the second half of the …

The Nifty 50 index turned marginally in the red on Tuesday after failing to break out of the key resistance hurdle at 15,780, which is the 127 percent Fibonacci extension level of the previous corrective wave. The index continues to form a hanging man candlestick pattern after the current long …

On Friday, the Nifty ended in a tight range before ending with minor losses. The markets witnessed a sluggish start to trade as expected. The index traded in positive territory in the first hour of the session where it also marked its intraday high. Soon after, Nifty slipped into negative …

The Nifty 50 index opened higher, remained within a specified range, and ended the day with gains. The day started on a positive note after a supportive trade setup; It maintained its gains during the day, oscillating in the 100-point range. Weekly options expiration largely controls the upper and lower …