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Blog posts : "trading"

Friday Trade Setup: NIFTY Stays Crucially Poised; Protect Profits Vigilantly

While staging a rally in the second half of the session, the markets recovered a good amount of what it had lost in the previous session. After opening on a quiet note, the NIFTY soon slipped in the red in the morning trade. After that, it slipped a bit more as it spent the first half of the session…

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Thursday Trade Set up: NIFTY Fails The Attempted Breakout; This Lead Indicator Does Not Paint A Pretty Picture

Much on the anticipated lines, the Indian equity markets took a corrective beating and closed the day with a deep cut. After opening on a strong and better-than-expected note once again, the NIFTY soon pared its gains in the first hour and half of the trade. After slipping in the negative, the index…

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Outlook For Wednesday: NIFTY Attempts A Yet Another Breakout; Keep Focus On These Sectors

Amid decelerating momentum, the Indian equities continued to pile up gain and ended yet another day on a lifetime high. Markets saw a decent and better-than-expected opening and traded within a capped range while maintaining the opening gains. It got stronger as the day progressed and spent the seco…

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Tuesday Trade Setup: NIFTY Still Below This Crucial Zone; Tread Cautiously

The markets continued to rise on a weaker breadth and ended one more day with modest gains. The NIFTY saw a modest gap up opening but pared all its opening gains to slip in the negative by late morning trade. However, after that, the NIFTY transformed itself in a rising trajectory and crawled in the…

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Week Ahead: NIFTY Flirts With A Important Pattern Resistance; RRG Chart Show Good Activity In These Sectors

In the previous weekly note, we had mentioned about the NIFTY testing its crucial pattern resistance. Over the past five trading sessions, the markets, in general, displayed some corrective tendencies but continued to extend its gains. As compared to the previous two weeks which had a wide trading r…

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Friday Trade Setup: NIFTY Markets A Temporary Top; These Sectors To Relatively Outperform

The nearly unabated almost 1200-point move on the markets came to a halt when the Index came off significantly from the high point of the day to end the day with a cut. The markets showed a very resilient opening despite the Asian weakness, and at one point in time also traded positive. While tradin…

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Thursday Trade Setup: Weekly Options Expiry To Dictate Levels For NIFTY; Continue To Adopt Stock-Specific Approach

Fueled by a spurt in the broader markets consisting midcap stocks and the extension of rally in the financial group, the Indian benchmark NIFTY extended its gains to end at a fresh high point. The markets saw a soft opening on expected lines and after trading in a limited range, marked its low point…

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Outlook For Wednesday: NIFTY Shows Enough Warning Signs; Use Up Moves For Doing This Instead Of Chasing Them

Following a strong overnight handover from the US markets, the Indian equities extended their up move and ended yet another day with gains. The Markets saw a positive opening for the day but pared most of the gains in the morning session. The momentum picked up again and the Index spent the remainin…

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Tuesday Trade Setup: NIFTY Remains Overstretched; Guard Profits While Focusing On These Stocks

Just like it happens on a typical Mahurut session day, the NIFTY opened higher, gradually came off its highs but still managed to end the day on a positive note. The markets saw a gap up opening but marked its intraday high point in the early minutes of the day. After that, the NIFTY gradually pared…

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Week Ahead: NIFTY Meets This Important Pattern Resistance; RRG Chart Shows Isolated Performance From These Sectors

In a yet another gainful week for the markets, the Indian equities extended their move on the upside and posted decent weekly gains. The past five days saw the NIFTY moving higher and closing at its lifetime high levels. As compared to the week before this one, the trading range remained lower as th…

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Friday Trade Setup: NIFTY May Take Some Breather; These Sectors May See Extension Of Move

Despite relentless inflows the Indian equities took some breather today as it consolidated and ended the day with a minor cut. The markets saw a modestly lower opening. After a soft start the Index stayed in a capped range but kept on losing ground gradually. During the entire day, the markets never…

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Thursday Trade Setup: NIFTY's Move With VIX Like This Is A Concern; Yields, Dollar Index To Be Watched

On a closing basis, the NIFTY extended its up move for the eighth day in a row. However, the session stayed volatile with the NIFTY swinging both ways before ending with gains. The markets opened once again on a stronger note, but after trading in a capped range in the morning, the markets witnessed…

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Outlook For Wednesday: NIFTY At Sharp Overbought Levels; These Factors Hint At Caution

The Indian equities continued to pile up gains for the seventh day in a row as it went on to end one more day with decent gains. The opening for the session was a modest one this time. However, the NIFTY stayed in the upper rising trajectory throughout the day. Except for a minor profit bout that th…

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Tuesday Trade Setup: NIFTY Overstretched and Overheated; Caution Advised At Current Levels

The Indian equities, along with other Asian peers celebrated the US Elections outcome with a green wave as it ended on a strong note while continuing its unabated up move. The NIFTY opened with a gap up, showed marginal decline in the first half but pickup again the second half. The markets througho…

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Week Ahead: NIFTY Likely To Consolidate At Higher Levels; RRG Chart Point Towards These Sectoral Shifts

In a week that saw wide-ranging moves and a rally that was fueled by US Elections, the Indian equities went on to end on a strong note. The week’s trading range not only wide that of 723 points, but the previous days also saw volatility declining to a great extent. The bias of the markets over the p…

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Outlook For Friday: NIFTY Shall Continue To Inherit Overnight Trade Setup; Approach Markets In This Manner

Very much on the anticipated lines, the Indian markets inherited a very buoyant overnight trade setup. The markets opened on a large gap-up and stayed thoroughly strong throughout the session. While continuing to maintain a strong market breadth, the markets maintained gains across the board as it e…

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Outlook For Thursday: Volatile Day Ahead For NIFTY; These Factors To Influence The Trade

In a yet another wide-ranging session on Wednesday, the NIFTY witnessed a volatile move wherein the markets oscillated in a 180-odd point range before ending the day with gains. The Indian equities saw a stable start to the day and while it stayed positive in the first half of the session, it also r…

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Outlook For Wednesday: NIFTY Back Inside The Broad Range; These Levels Come Into Play Once Again

In a stronger-than-expected session of trade, the NIFTY pulled itself inside the broad trading range as it ended the day with smart gains. The markets saw a modestly positive opening which got stronger as the day progressed. The index moved past the 11800 levels by afternoon and after that it stayed…

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Tuesday Trade Setup: NIFTY's Behavior Against This Level Important As Up Moves May Stay Deceptive

In a yet another volatile day of trade, the NIFTY swung on either side before it ended the day with mild gains, mainly drawn by the financial stocks. The markets saw a stable and modestly positive s tart to the trade, but soon saw themselves slipping in the negative territory in the first hour of th…

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Monday Trade Setup: NIFTY To See A Soft Start; To Stay Largely Range-Bound

In a volatile day of trade, the equity markets suffered a minor breach of the broad consolidation zone that it has formed over the past two weeks. The NIFTY saw itself opening on a mildly stronger note and on the positive lines. However, after the better-than-expected opening, the index formed its h…

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