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Daily & Weekly Technical Newsletters and Special Articles

Thursday Trade Setup: Options Expiry To Influence the Trend For NIFTY; Broader Bias Remains Negative Unless These Levels Are Breached

In our previous note, we had not only mentioned about the possibility of the markets seeing a pullback, but also the possibilities of a selloff at higher levels. While trading precisely on the expected lines, the NIFTY saw a strong start to the session. It got even stronger as the day progressed whi…

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Wednesday Trade Setup: Even If Pullbacks Occur, NIFTY Vulnerable With Each Rise; Resistance Shifts Lower

In the session that worked out perfectly on the anticipated lines, the NIFTY finally succumbed to a corrective move after resisting to the 200-DMA for several days. The Markets saw a negative opening and stayed in the negative territory for the entire session. At no point in time did the Index showe…

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Tuesday Trade Setup: NIFTY Face Diminishing Momentum At Higher Levels; This Would Be The Prudent Way To Approach Markets

In the previous note, we had categorically mentioned the 200-DMA as one of the major resistance levels for the NIFTY. In line with this analysis, this level posed a stiff resistance once again to the Index. The markets saw a gap up opening; this ensured that the NIFTY opens exactly at the resistance…

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Monday Trade Setup: Signs Of Fatigue Visible On NIFTY; Guard Profits Unless Index Penetrates This Level

It was a day of corrective move for the markets again as the NIFTY consolidated in a measured and defined range before ending the day with a modest loss. The markets opened on a mildly negative note, but the early morning trade saw the NIFTY recouping the opening losses to trade flat near the previo…

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Week Ahead: NIFTY Displays Diminishing Momentum; RRG Chart Has Only This Sector Comfortably Placed In Leading Quadrant

The Indian equity markets went on to end its fourth week in a row with gains as the NIFTY extended its up move. However, unlike the previous week, the trading range narrowed down considerably, and the momentum appeared to be losing its strength as well. As compared 400-point trading range seen in th…

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Outlook For Friday: NIFTY Stays Below Key Levels; This Lead Indicator Need Our Attention

The expiry of the weekly options remained in stark contrast of the previous session as the markets had a secularly positive day. The markets opened positive, stayed stable, and got stronger through the day. The highest Call OI was concentrated at 11000 followed by 10800 strikes. A minor shift in the…

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Thursday Trade Setup: Options Data Shows NIFTY Dragging Resistance Lower; This Zone May Become A Temporary Top

Finally, the confluence area of two major pattern resistance point proved stiff for the markets as the NIFTY saw some serious unwinding from higher levels after facing resistance near that area for three day. The NIFTY saw a quiet start to the day on anticipated lines; it traded sideways in a define…

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Outlook For Wednesday: NIFTY Shows Mild Signs Of Distribution; Fresh Buying Only Above This Level

It was a day of severe consolidation for the markets as the NIFTY oscillated in a very narrow and defined range to end the day with a modest gain. The markets opened positive, but soon pared those opening gains to trade on a flat note. After heading nowhere, the NIFTY saw some selling pressure which…

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Tuesday Trade Setup: NIFTY Pushed By Liquidity; Traders Need To Vigilantly Trail Their Exits Because Of This

The equity markets had a much buoyant and better than expected start to the week as they opened higher, got stronger during the day, and ended the day with a decent gain. Even when the US Markets were shut on Friday, the Asian markets opened higher on back of strong gains in the Dow futures. Regardl…

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Monday Trade Setup: Absence Of Overnight Global Cues To Cause A Quiet Start; Protect Profits At All Levels

The Indian equity markets further narrowed it trading range as it oscillated in a very limited range throughout the day to end with modest gains. The NIFTY opened on a mildly positive note and staying in positive territory for the entire session. However, without capturing any directional trend, the…

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