Tag: Nifty
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]
Market Wrap for 14th July , ’16: Nifty surges higher, while all eyes on Infy
Two major IT companies announcing there results has kept the market on toes. There surely is more activity going on in the stocks than in the index. Watch here what [more]
Market Wrap for 12th July, ’16: Momentum, optimism and rallying stocks.
The markets rallied in the last minute, with stocks over shooting expectations. The Nifty is heading higher everyday and there is no stopping BankNifty either. The international markets are a [more]
Market Wrap for 11th July, ’16: All indices jump on the trampoline of US jobs Data!
The US jobs data came better than expected and this took the markets all over the world in a tornado, from US to Europe, Japan and the rest of Asia, [more]
Market Wrap for 29th June, ’16: Nifty rallies to cover gap, heads for 8250!
Nifty rallied today, closing 75 points higher and covering the Brexit gap down formed on Friday. The next resistance is at the level of 8250, whereas the previous resistance of [more]
Market Wrap for 28th June, ’16: Nifty edges higher, European stocks rally, pound bounces back!
Nifty gained 32 points in today’s trade, partly covering the gap opened on Friday. The support remains ionfact at the level of 8050, the resistance at 8160 and 8210. On [more]