Market Analysis

Key Takeaways Tariff Threat: Donald Trump has proposed a 25% tariff on India, with possible penalties for buying oil and defence products from Russia. Negotiation Pattern: Trump often starts with high tariff threats, then negotiates down, as seen with the...

Nifty close 10493: Nifty ended at record closing high ahead of long weekend for Christmas holiday. The benchmark indices witnessed buying in the second half on Friday’s session and rose 52.70 points to close at 10,493. Hourly Technical: In the...

Nifty close 10333.3: Nifty witnessed a gap up opening of about 100 points on Friday’s session. The Indian market cheered the exit poll outcomes for Gujarat and Himachal Pradesh Legislative Assemblies, which predicted a comfortable victory for BJP. Hourly Technical:...

Nifty close 10265.7: Nifty witnessed strong rally in last two trading session and enters the bullish zone. However, the exit poll result on evening of 14th December would be a key trigger for market in the coming days. As mentioned...

Nifty close 10121.8: Nifty witnessed strong selling pressure near the November expiry. The Gujarat election is an important event to watch out for in the month of December. Hourly Technical:In the hourly chart, Nifty opened marginally higher but the correction...

Bank Nifty opened below its 5 Day low EMA (25410 approx) today . The Index traded in a range of 288 points and closed below its opening price. Hourly Technicals:In the Hourly Chart, Bank Nifty has closed below its 5...

Nifty close 10361.3: Nifty ended the session on a flat note but with closing above 10350 level. As mentioned in yesterday’s Tech table,  it respected both the support of 10345 (made low of 10345.9) and resistance of 10391 (made high...

Bank Nifty opened above its 5 Day low EMA (25821 approx) today . The Index traded in a range of 123 points and closed below its opening price. Hourly Technicals: In the Hourly Chart, Bank Nifty has closed above its...

Bank Nifty opened below its 5 Day high EMA (25885 approx) today . The Index traded in a range of 154 points and closed below its opening price. Hourly Technicals: In the Hourly Chart, Bank Nifty has closed above its...

Nifty close 10370.3: Nifty ended the session on a negative note and closes below the psychological 10400 mark. As mentioned in yesterday’s Tech table, 10359 acted as a good support area for the indices in today’s session. Hourly Technical: In...

Nifty close 10399.6: Benchmark indices started the week on a weaker note but recovered in the second half to close at 10400 mark. Hourly Technical: In the hourly chart, Nifty bounced from 50 Hour moving average (presently at approx. 10342.1)...

Nifty (Close 10348.8): Nifty closed 10 points below its opening level but continued to stay above the previous day’s close for the 3rd consecutive day. Hourly Technicals: In the hourly chart, Nifty continued to stay range bound. The second half...