Global markets showing weakness today and so trade cautiously. Nifty50 is facing strong resistance at around 10600 and strong support at 10500 levels. You can witness selloff once 10500 level breaks on closing basis. However, if it breaks out above 10600 level then the rally may likely to continue further. Even rise in Crude oil… Read More »
Developing a technical directional view is really critical for you to succeed in the stock market. To get that, you need to plan out your trading strategies before you hop into trading. Planning with right skills and weapons help you to win your trade. So, a better understanding of stock market technical analysis tools lets you… Read More »
Nifty50 likely to open near 10600 today supported by global cues despite all negative hangovers. However, it may face strong resistance at this level. I suggest you stay alert and avoid shorting markets now and let it confirm further. So, if you are a short-term trader, then book profits and re-enter after some consolidation. Check… Read More »
Bulls take over Bears in the last trading session. In fact, the uptrend is likely to continue despite geopolitical tensions and rise in Crude oil prices. You may witness Nifty50 to hit 10600 before expiry in the April series. However, you must remain cautious at current levels. Today, global markets look tired and you can… Read More »
Indian bourses likely to open negatively due to attack on Syria by US, Britain, and France. Because of that crude oil price also rose. SGXNifty and HangSeng suggesting Nifty50 and Sensex may open 50-60 points down. However, short-term trend for the market is bullish and it may remain intact. Today, you can focus on stocks… Read More »
US markets closed in green and Asian indices are also trading strongly. You may witness Nifty50 open near 10500 and if sustains, then 10600 is on the cards before expiry. So, you can go long on Nifty with a strict stop loss below 10400. Today, you can focus on stocks that are dependent on crude… Read More »
The surge in crude oil price and tension between US and Russia may dilute the positive sentiments of the markets. However, SGX Nifty and HangSeng are trading positively. So, remain long on Nifty50 and don’t forget to put stop loss. Today, you can focus on stocks that are dependent on crude oil. Check out more… Read More »
Bulls of Dalal Street likely to be in the driver seat today also and Nifty50 may touch 10500 levels. Major Asian Indices like HangSeng and SGX Nifty suggesting Indian bourses to open with a positive note. Moreover, the US and European markets also closed strongly. However, the rise in crude oil price is a bit concern.… Read More »