Following the 23,800 hurdles, the market formed an evening star candlestick pattern and showed weaker data, including negative FIIs data. Additionally, the decline in Asian markets contributed to today’s nearly 1.50% drop, with the market likely closing around 23,165.70. Today, the market opened with a bearish tone but later recovered all the lost points, making … Read more
In March, the market showed a robust upward movement, led by positive FII inflows, with a net gain of nearly ₹2,014 crores. The market closed about 6.30% higher from its low, which was formed after reaching a high in September. Following that high, the market declined by approximately 16%. However, March was the first month … Read more
After taking yesterday’s pause, the market has again gained the momentum of the previous session in a bullish way, gaining nearly 105 points today and closing at 23,591.95 making the challenge to 23800 for tomorrow Trade setup. Today, the market opened on a weak global cue. After that, it gained momentum quickly, with continuous 5-minute … Read more
The 7-day winning streak of the Nifty 50 came to an end today, with the index closing nearly 180 points lower at 23,486. Over the past seven weeks, the market has shown a consistent uptrend, moving from 23,350 to approximately 23,850, gaining around 1,500 points. However, today’s session witnessed profit booking near 23,850, leading to … Read more