In the letter of end August (Sit On Your Longs), this is what I had written. “But the Nifty is nearing the first of the targets given last week (25,430) and seems to be doing this without breaking out ...
At pre–open, the NSE Nifty 50 was 59.20 points or 0.24% higher at 25,023.45, and the BSE Sensex was 0.24% higher at 81,576.93 ...
On the daily charts, we can observe that Nifty has been inching higher and ... shall act as a crucial support zone and potential entry zone in case of a dip. The initial target on the upside ...
Nifty 50 formed a small positive candle on the daily chart with minor upper shadow. “Typically, this pattern is indicating a breather action for the Nifty 50 after a sharp surge. Having resisted ...
The Nifty Bank Index is also in a bullish trend on the charts but is nearing a critical resistance zone ... These levels are ideal for re-entry, providing favourable opportunities for traders to ...
"While Nifty's absolute PE is near +1sd against its own history, it is still not overstretched," Jain said, adding that equity valuations have turned attractive versus debt and favour a strong entry ...
Nifty 50 formed a reasonable bull candle on the daily chart with a gap up opening. “Technically, this pattern indicates follow-through upmove in the market post sharp upside breakout of the ...