Tag: Nifty
Nifty Made A Close Above 11000. Is The Consolidation Over?
Nifty close 11035.40: Approximately after six months the benchmark index is able to make a closes above 11000. So, is the consolidation phase over? This is the beginning of the [more]
Nifty Ends In Green On Interim Budget, But Fails To Hold 10950 Mark
Nifty close 10893.65: On the Interim Budget day, the index again touches its previous resistance level but fail to hold above 10950 mark. On the second half the market sells [more]
Market Ends on a Negative Note Ahead of Year’s First Expiry Week
Nifty close 10780.55: This week market started with a positive momentum, but as it crosses the 10950 mark the selloff started. However, the day remains positive but selling continues from [more]
Nifty Ends On A Negative Note But It Is On The Verge Of Make Or Break
Nifty close 10906.95: This week Nifty closes above 10900 mark but it ends on a negative note. Consecutive two hanging man formation has been made by the index in the last [more]
After Two Consecutive Losing Streaks Nifty Ends In Green With The Help Of 50 MA.
This is our first technical report on 2019. But Before I start, I would like to wish you a very happy New Year to you and your family behalf of [more]
Daily Chart Has Positive Sign While Weekly Showing Negative
Nifty close 10693.70: After making a Doji candle in the daily chart, Nifty pulls back from the 10930 mark (approx…) and it is a move of 330 points (approx.). But [more]
The Arms Index (TRIN) explained!
The Arms Index also known as TRIN is a breadth indicator developed by Richard W. Arms in the year 1967. It basically serves to identify conditions where the market is [more]
A quick introduction to the term index and its concepts
In this blog, we will understand the concept of indices. Before understanding this concept, let us clarify ourselves about the terms NIFTY and SENSEX. Whenever the NIFTY or the SENSEX [more]
Market wrap for 10th August, 2016
A day after RBI maintained a status quo on policy NIFTY fell by approx 103 points. For two consecutive days in this week NIFTY has been dragging. Initially NIFTY was [more]
Market Wrap for 21st July, 2016
Nifty continues to consolidate. Traders booked their profit. It has formed a bearish engulfing pattern supported by good volume. Under sectoral indices Nifty FMCG and IT closed in green. ACC [more]