Tag Archives: changed

What changed for the market while you were sleeping? Top 10 things to know

The Nifty, which started last week on a muted note, failed to hold on to its crucial support placed at 10,700 on Friday. It ended the session with a small bearish candle on the daily candlestick chart and a Spinning Top candle – an indecisive pattern – on the weekly chart. The index is stuck in a 10,550-10,777 range. If ... Read More »

What changed for the market while you were sleeping? 10 things to know

The Nifty which started with a small gap on the higher side in morning trade on Thursday failed to garnet momentum as bears took control of D-Street in the first 15-minutes of trade. The index witnessed strong selling pressure throughout the session which made a ‘Bearish Belt Hold’ kind of pattern on the daily candlestick charts. A ‘Bearish Belt Hold’ ... Read More »

What changed your markets while you were sleeping

Nifty50 on Tuesday advanced for the fourth consecutive session and formed an indecisive ‘Doji’ candle on the daily chart. Concerns over a likely US military response to alleged chemical attack in Syria may lift crude oil prices to their highest level since early December 2014. This may not bode well for the domestic market. Let’s check out what all might influence Dalal ... Read More »

What changed for the market while you were sleeping? 10 things you should know

The Nifty50 which started on a muted not dipped below key support levels in intraday trade on Wednesday before bulls took control and pushed the index above 10,400 levels for the second consecutive day in a row. The index formed a ‘Hammer’ like pattern on the daily candlestick charts which is a bullish reversal pattern. The index bounced back after ... Read More »

What changed for the market while you were sleeping? 12 things you should know

The Nifty failed to close above its crucial 200-days exponential moving average placed around 10,163 on Tuesday. The index formed a bullish candle on the daily close above 10,100 but below its 200-DEMA placed around 10,163. After falling for five consecutive sessions, the Indian market witnessed some bit of value buying along with short coverings at lower levels. However, the ... Read More »

What changed for the market ahead of Budget Day? 10 things you should not miss

The Nifty, which started on a muted note, recouped losses but failed to hold on to gains and closed near its opening levels forming an indecisive Doji kind of pattern on the daily candlestick charts. The Nifty50 which opened at 11,018 rose to an intraday high of 11,058 which made a small upper shadow, but bears quickly took control and ... Read More »

Moody’s upgrade has changed the market mood, but it’ll be shortlived

Khadim India and New India Assurance were down 7-15 per cent from their issue prices, respectively, while HDFC Life managed to see strong listing based on its strong management pedigree. Global rating agency Moody’s has changed the mood of the Indian market by upgrading after 14 long years. Equity index Nifty50 successfully overcame negative sentiments after touching a low 10,100 mark. But ... Read More »

What changed for the market while you were sleeping? 15 things you should know

The Nifty could see a subdued opening, largely tracking the trends on the SGX Nifty, but global markets’ move could keep the Street on its feet. Frontline indices witnessed a major correction on Friday, with the Nifty closing 157.50 points lower at 9,964.4. The 50-share index, which started with a gap on the lower side, witnessed sustained selling pressure from ... Read More »

What changed for the market while you were sleeping? 15 things you should know

The Nifty50 which started on a flat note gained momentum but remained volatile throughout the trade on Thursday and closed with marginal gains. The index remained choppy for the most part of the trading session and finally closed with the marginal gains of 7 points at 10,086.60. It rose marginally to 10,126.50 but then witnessed selling pressure which took the ... Read More »

What changed for the market while you were sleeping? 10 things you should know

The Nifty50 is likely to open higher on Wednesday tracking positive handover from Wall Street. The Nifty50 closed 11 points higher at 9,765 on Tuesday. The index failed to close above its crucial 50-DEMA for the second day in a row on Tuesday which does not auger well for the bulls. For the index to pick momentum, 9800-9850 becomes crucial ... Read More »