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Friday Trade Setup: NIFTY Continues To Stay Precarious; May Get Weak If It Slips Below This Level

Despite the overnight global weakness, the Indian equities staged a resilient show but went on to end the day on a negative note. Following overnight weakness in the US Markets and prevailing weakness within Asia, the Indian markets saw a lower opening. However, the opening was on a negative note, b…

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Thursday Trade Setup: Weekly Options Expiry To Keep NIFTY In Defined Range; Selective Approach Is Advised

It was a positive day of trade for the Indian markets, as the NIFTY went on to extend its gains after half a day of consolidation. The markets saw a positive start to the trade and traded with capped gains in the morning session. At one point, after trading in defined range, the NIFTY gave up its ga…

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Outlook For Wednesday: NIFTY May Attempt Incremental Upsides; Likely US Dollar Pullback Stays A Risk

The bulls refused to let go of their grip on the markets as the Indian equities resumed its surge to end the day with a decent gain. The start to the day was a bit jittery on the expected lines. The NIFTY opened with a on a decently positive note but soon pared all its morning gains by late morning …

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Tuesday Trade Setup: NIFTY Weak Against Broader Markets; Continue Staying Defensive

In a wide-ranging and volatile session, the NIFTY hung precariously near its crucial levels after ended the day on a modestly negative note. The markets saw a buoyant start on the expected lines and stayed strong until the first half of the trading session. As mentioned in the previous technical not…

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Monday Trade Setup: NIFTY Likely To See A Stable Start; Crucial To Keep Head Above These Levels

In a thoroughly listless day, the markets spent the whole session trading in a very capped and narrow range and ended the day on a flat note. The markets saw a modestly positive opening to the session on anticipated lines. After that, it soon pared those modest gains in the early morning trade. Afte…

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Friday Trade Setup: Important For NIFTY To Stay Above This Pattern Resistance Point; Has A Turbulent Patch Ahead

Contrary to the expectations, the weekly options expiry day remained a strongly trending one as the NIFTY ended the day on a strong note. The markets opened on anticipated lines and traded in a range amid modest gains. However, after the late morning trade, the trend got even stronger. The NIFTY tes…

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Thursday Trade Setup: Weekly Expiry May Keep NIFTY Both Range-bound & Volatile; Stay Light

In a relatively resilient day of trade, the Indian equity staged a range-bound move before ending the day with a modest cut. Following the overnight weakness in the global markets, the Indian equities saw a weaker opening. After opening negative, the NIFTY plunged to the day’s low of 11185 by aftern…

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Outlook For Wednesday: NIFTY To Stay Largely Range-bound; These Levels Will Have Prominent Reference Point Going Ahead

Tuesday’s session literally saw the markets trading precisely on the anticipated lines. The absence of overnight global cues saw the markets opening on a positive note and getting stronger as the day progressed. At the same time, the NIFTY resisted precisely at the double top resistance point of 114…

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Tuesday Trade Setup: Absence Of Overnight Cues May Aid A Steady Start; NIFTY To Stay Ranged Until It Moves Past This Level

In a volatile, but range-bound session of the trade, the markets consolidated and attempted to find a short-term bottom for itself on anticipated lines. The NIFTY opened positive, but soon slipped in the red in the initial minutes of the trade.  However, after the low of 11251.70 that was marked in …

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Monday Trade Setup: NIFTY Likely To Stay Volatile As It May Attempt To Stabilize; Watch These Levels While Staying Light

The session on Friday saw the Indian markets resuming its downtrend along with the global peers as it opened with a gap down and ended with a deep cut. The markets saw a gap down opening but held the opening lows. Not only did the Index held to its morning lows but showed some significant recovery a…

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