Gemstone Equity Research & Advisory Services

Daily & Weekly Technical Newsletters and Special Articles

Tuesday Trade Setup: NIFTY Whisker Away From A Breakout; Avoid Preempting The Move Without Confirmation

The markets had a stronger-than-expected as the NIFTY went close to its crucial resistance area and ended the day with a decent gain. The markets saw a positive start to the day; the NIFTY opened near its crucial 15900-15950 area and spent the entire day in a very limited range. Although the Index m…

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Monday Trade Setup: Positive Start Likely For The NIFTY; This Zone Stays Crucial For The Markets

Range-bound consolidation continued in the stock markets for the eighth week as the markets ended the day with a minor loss. The NIFTY went once again near its resistance zone and face selling pressure creeping into the trade once again. The index opened on a modestly positive note. It spent the ent…

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Week Ahead: NIFTY Stays Crucially Poised; RRG Charts Hints At Markets Turning Defensive

It was one more consolidating week for the Indian equity markets. The NIFTY continued to consolidate over the past five days. Despite a couple of attempts, it failed to clear the important resistance of the15900-15950 zone and suffered violent profit-taking twice from those levels. On the short-term…

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Friday Trade Setup: NIFTY Likely To Stay Ranged; Respecting These Levels Crucial For The Markets

In what remained an antidot as compared to the previous session, the Indian equity markets consolidated within a very narrow range with near-absent volatility. It traded in a very narrow range and ended the day on a positive note. The markets saw a positive opening to the session; the NIFTY opened m…

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Thursday Trade Setup: Rollover and Expiry To Influence The Session; NIFTY Likely To Stay In Defined Range

The equity markets continued to remain under corrective pressure and ended yet another day on a negative note. The markets saw much weaker than expected opening and soon was gripped by a strong corrective move. The NIFTY slipped sharply and went below crucial intraday supports; it went very near to …

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Outlook For Wednesday: NIFTY May See Mild Pullbacks; Staying Selective Is Advised

The zone of 15900-15950 remained a tough hurdle to clear for the markets as the NIFTY saw some corrected moves as it ended the day with a modest loss. The markets saw a positive start to the day. The NIFTY opened with modest gains and traded in a limited and defined range for the first half of the s…

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Tuesday Trade Setup: NIFTY Continues To Fiercely Consolidate; Approach Markets Cautiously Unless A Directional Bias Emerges

Lackluster and directionless. This can be the most appropriate description of the first session of the expiry week. The markets opened resilient, traded in a capped range, and ended the day with a modest loss. The global setup was relatively weaker, but NIFTY saw a very resilient start to the day. I…

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Monday Trade Setup: NIFTY Yet To Break Out Of The Consolidation; Convincing Move Above This Zone Crucial

Consolidation continued in the Indian equity markets as the NIFTY went near the upper edge of the range and retraced from there to end the day with a modest gain. The markets opened on a mildly positive note. In the early minutes of the trade, the NIFTY slipped in the negative to mark the low point …

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Week Ahead: NIFTY Stares at Limited Upsides; RRG Chart Shows Absence Of Any Distinct Sectoral Leadership

Following a volatile week, the NIFTY finally took some breather as it traded within a defined range before closing with modest losses. The first half of the week saw sharp corrective moves from the higher levels; the second half of the week saw the NIFTY rebounding on back of sharp short covering wh…

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Friday Trade Setup: NIFTY Likely To Have A Moves In A Defined Range; Keeping Head Above This Point Crucial

The equity markets had a session on expected lines as it saw a short covering led pullback and ended the day on a strong note. After two days of strong corrective activity, the NIFTY pulled itself back after taking support at its 50-DMA. Thursday’s session saw the markets opening on a strong note fo…

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