Markets rebounded sharply on Monday on the back of gains from the technology index with Nifty ending higher by 1.4% but failed to close above the monthly resistance line of 18130.
Markets last week ended with losses of around 1.5% but violated key support of 59754 in Sensex which turned out to be the lower shadow of the ‘Bearish Engulfing Line’ on a mont
Markets remained under pressure on Thursday but managed to recoup part of losses to settle around 18000 levels. The non-institutional turnover has shrunk to a 6-month low yesterday
Markets witnessed major selling pressure on Wednesday with most of the key indices declining around 1% ahead of Fed minutes despite global equities turning unchanged. The Fed minut
Markets for the month of December settled below key support of 18130 thus confirming the ‘bearish engulfing line’ on the monthly chart after a sharp selloff in the last hour of
Markets rallied on low volumes to regain its control above the key support of 18130 as we approach the monthly closing. The gains were mainly on the back of a rally in Nifty Bank b
Markets ended on a flat note after the initial attempt to cross 18200 which turned out to be 38.2% of the recent down move and closed below the crucial support of 18130. Closing be
Markets extended gains on Tuesday on the back of a surge in metal counters with the Nifty Metal Index rallying by more than 4% to help the Nifty 50 close above 18130. The level of
Markets rebounded on Monday on the back of gains from Nifty Bank with Nifty regaining its control above psychological levels of 18000 but remaining vulnerable to a major slide. The
Markets came under intense selling pressure on Wednesday on the back of a surge in the Japanese yen with the Nifty 50 breaching Tuesday’s low and closed near 50 EMA. The sudd