NIFTY though snapped the winning streak, but it's still holding strong above 10000 levels. With VIX again lowering levels down to 28 nearly, BULLs yet have all the reason to cheer up. FIIs data participation was also light again ,which suggests indecisive move......read more
Yesterday's movement showed that we are still intact for positive momentum,as we had rebounded from 8900 zones and closed very strong( above 9150 zones). With VIX again back to 42 levels, FIIs again are back to the game with aggressive buying in INDEX FUT and STOCK FUT, with sell......read more
Yesterday session saw NIFTY sliding down below 9000 suddenly from the day high's of 9280. As inferred earlier we are back to the psychological barrier of 9000 levels for the Index, but the comforting news comes from the FIIs data which reflects on very aggressive buying in INDEX ......read more
Expect market to open on a strong note on account of strong domestic cues. Government cut corporate tax rate and it will be big positive in the market despite Nifty and Bank surged 6% and 10% on last Friday. Expecting a short covering move as well ahead of September F&O expiry. T......read more
The dollar held onto gains on Friday after a surge in U.S. retail sales eased concerns about the world's top economy, but traders cautioned against reading too much into one piece of data given the growing risks to the outlook.
The greenback was on course for a weekly gain again......read more
● Bank Nifty formed an Inside Bar on daily scale as it traded in range of 27700 to 28100 zones on its truncated weekly expiry day. It has multiple support near to 27500-27350 zones while hurdles at 28350-28500 zones. It has to give a range breakout with follow up activities for t......read more
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