Trade setup for 06 May; Nasdaq 10 straight gain, Putin accept invitation, Nifty 24600 level and more

Trade setup for 06 May; Nasdaq 10 straight gain, Putin accept invitation, Nifty 24600 level and more

Today, the market broke through the level it had been attempting to surpass for the past 7 days and managed to close above it. The market closed around 24,460, which is above the key level of 24,350 we previously discussed. This marks a stronger closing. However, as mentioned in the previous trade setup, we observed … Read more

Trade setup for 28 April; India- Pak conflict escalation, US-INDIA trade deal, option chain analysis

Trade setup for 28 April; India- Pak conflict escalation, US-INDIA trade deal, option chain analysis

The market is showing vulnerable movements due to rising tensions between India and Pakistan over the Pahalagam attack. Yesterday, on Friday trade setup, the market fell nearly 200 points, closing near 24,039.35. It made a low of around 23,845, effectively retesting one of the most important levels, which has now become a support at 23,869. … Read more

Trade setup for 24 march; Nifty 22800, Monetary policy meeting, biggest FII buying year

Trade setup for 24 march;; nifty 22800, Monetary policy meeting, biggest FII buying year

The market has been making a spectacular movement on a continuous basis. It closed nearly 160 points higher compared to the previous day, showing strong momentum. The index touched the crucial 23,400 level but faced some resistance at that point, eventually closing around the 23,350 mark which tomorrow the crucial for Trade setup As discussed … Read more