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20th Mar 2023
Taking cues from the global markets, Nifty started Monday’s session with a gap down and corrected during the day to breach last week’s low of 16850. However, the index recovered from the lows in the last half-an-hour to end the day tad below 1700
The nifty index corrected almost 1000 points from the prior swing highs of 17800 to 16850 levels in the last two weeks ahead of weak global cues and risk off sentiments. During the week, the market has fallen badly in the initial three trading sessio
17th Mar 2023
Nifty started the weekly expiry day on a flat note, but it witnessed a continuation of the selling pressure in the first hour and tested 16850 support. The index then recovered from the lows and it gradually entered positive territory. Amidst some vo
16th Mar 2023
Our markets started trading on a positive note looking at the cues from the overnight global markets. However, the index witnessed selling pressure at higher levels and the indices gave up the gains gradually. Towards the end of the session, the sell
14th Mar 2023
Continuing with the previous day’s correction, our markets continued its downmove post a flat opening and the Nifty even sneaked below the 17000 mark during the day. It recovered marginally and ended the day tad below 17050 with loss of over 100 po
13th Mar 2023
Nifty started trading for the week on a flat note and witnessed upmove to surpass 17500 in the first half an hour. However, that pullback move did not last long as the index witnessed selling pressure gradually which continued throughout the day and
Our markets recovered gradually from the recent lows of 17250 to 17800, but it witnessed selling pressure from the resistance of 17800 on the weekly expiry day. The negative cues from the U.S. markets then led to a gap down opening in Friday’s sess
9th Mar 2023
Unlike previous couple of sessions, the Nifty witnessed selling pressure right from the opening ticks and it continued to trade with a negative bias throughout the day to end the weekly expiry day below 17600. The BankNifty index witnessed some stren
8th Mar 2023
The U.S. markets corrected as we had a mi-week holiday and hence the global cues were negative for us at the start of the day. Our markets opened marginally negative but it shrugged off the global cues and witnessed buying interest on decline. The Ba
7th Mar 2023
Ahead of the mid-week holiday, Nifty started Monday’s session on a positive note and witnessed a rally upto 17800 in the first half of the trade. However, the index gave up some of the gains in the later part and ended the day tad above 17700 with
6th Mar 2023
In the week gone by, Nifty oscillated within the range of 17470-17250 for most part of the week. The momentum readings were oversold and the index surpassed the high of this consolidation in Friday’s session. This led to a positive momentum through
3rd Mar 2023
The benchmark index opened in the red on Thursday amid weak global cues and continued the fall on the weekly expiry day. The nifty50 dragged more than 100 points to settle at 17321.90 while Bank nifty went down by 0.88% to close at 40389.80 for the
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