Ahead of the Market: 12 Things That Will Decide Friday’s Stock Action

MUMBAI: Nifty 50 formed a minor bullish candle on the daily chart on Thursday as it closed above the psychologically important 17,500-mark level. Here’s how analysts read the pulse of the market: Sachin Gupta of Choice Broking said that Nifty 50 has pulled above the support of Lower Bollinger Band formation and the stochastic indicator … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action on Thursday

MUMBAI: Nifty 50 formed a bearish candle on the daily chart on Wednesday as the headline index failed to maintain the gains seen on Tuesday. Here’s how analysts read the pulse of the market: Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan, said that a key Fibonacci level, which is near the 17,600 level, acts … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action on Wednesday

MUMBAI: Nifty 50 formed a bullish candle on the daily chart on Tuesday as the headline index broke a four-day losing streak. Here’s how analysts read the pulse of the market: Independent Analyst Manish Shah said that Nifty 50 is at a major crossroads in terms of location and context of the current trend. “It … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action Tuesday

MUMBAI: Nifty 50 formed a major bearish candle on the daily chart on Monday as the market ended in losses for the fourth consecutive session and failed to stay above the 50-day moving average. Here’s how analysts read the pulse of the market: Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan said that the hourly … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action on Monday

Nifty 50 formed a bearish candle on the daily chart on Thursday as the market remained in losses for the third consecutive session. The stock market remained closed on Friday on the occasion of Guru Nanak Jayanti. Here’s how analysts read the pulse of the market:- Palak Kothari, Research Associate at Choice Broking said that … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action on Thursday

Mumbai: Nifty 50 formed a bearish candle on the daily chart on Wednesday as the market witnessed selling pressure for the second consecutive day. Here’s how analysts read the pulse of the market: Nagraj Shetty, Technical Research Analyst, HDFC Securities, said the weakness in the last few sessions has consolidated. This is not a good … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action on Wednesday

MUMBAI: Nifty 50 formed a lower top on the daily chart on Tuesday, which analysts suggested was negative for the bulls. Here’s how analysts read the pulse of the market: Shrikant Chauhan, Head of Equity Research (Retail), Kotak Securities said heavy selling in banking, oil & gas and realty stocks weighed heavily on benchmark indices … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action on Tuesday

Mumbai: Nifty 50 made a spinning top formation on the daily charts on Monday, indicating indecision among traders after the start of the session. Here’s how analysts read the pulse of the market: Sharekhan’s Head of Technical Research by BNP Paribas Gaurav Ratnaparkhi said Nifty 50 has gone down 50 per cent from 18,604 to … Read more

Ahead of the Market: 12 Things That Will Decide Stock Action on Monday

MUMBAI: Nifty 50 formed a bullish candle on both the daily and weekly charts as it closed a three-day decline on Friday. Here’s how analysts read the pulse of the market: Independent analyst Manish Shah says if Nifty 50 sustains above 18,100, it should see a rally towards 18,300-18,350. “This should be a weekly close … Read more

Ahead of the Market: 12 Things That Will Decide Friday’s Stock Action

MUMBAI: Nifty 50 formed a bearish candle on the daily chart on Thursday and fell below its 20-day exponential moving average. Here’s how analysts read the pulse of the market: Sharekhan’s Gaurav Ratnaparkhi said that during the day, Nifty 50 broke an ascending trendline on the hourly chart and went down to test its 40-day … Read more