Trade setup for 03 June; NSE nifty support 24600, Jerome Powell speech today and GDP growth

Trade setup for 03 June; NSE nifty support 24600, Jerome Powell speech today and GDP growth

Support for Nifty50 is acting as a strong base, as the market exhibited both bullish and bearish movements today. The market opened slightly gap-down and then formed a strong bearish candle, reaching a low near 24,525. After that, it showed a consistent recovery from the low and ended with an overall positive gain. By the … Read more

TATA MOTOR business model: Revenue breakdown, Growth ahead and impact of TESLA entry

TATA MOTOR business model Revenue breakdown, Growth ahead and impact of TESLA entry

Countries like India, which have maintained a consistent growth rate of around 6% to 8% over the past few years, are making significant forecasts for continued growth in the future as an emerging economy, aiming to become a developed nation by 2045. This raises curiosity about which sectors are contributing to the GDP. If we … Read more

Trade setup for 27 May; Nse nifty see 25100 resistance, Trump extend tarrifs date and Rising covid cases impact

Trade setup for 27 May; Nse nifty see 25100 resistance, Trump extend tarrifs date and Rising covid cases impact

The market has been showing a mix of bullish and flat movements recently. In today’s trade setup, the market opened slightly bullish and then made a strong move to the upside, reaching levels above 25,000. After that, it attempted to retrace and gave up most of its gains, pulling back near the opening levels. Following … Read more

Trade setup for 26 May; Trump 50% tariffs on USA, RBI 2.70 lakh cr to government and NIFTY 25100 resistance

Trade setup for 26 May; Trump 50% tariffs on USA, RBI 2.70 lakh cr to government and NIFTY 25100 resistance

As per our analysis, the market has formed strong support around the 24,600 level during Friday’s trade setup. From that level, it showed a kind of reversal movement and gained nearly 243 points in the Nifty 50. After a sharp recovery at the end of Thursday’s session, Monday showed a kind of continuation of that … Read more