Trade setup for 27 March; Nifty 22500, US GDP data, Russia- Ukraine ceasefire impact, option chain analysis

Trade setup for 27 March; Nifty 22500, US GDP data, Russia- Ukraine ceasefire impact, option chain analysis

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

Trade setup for 26 march; Nifty prediction- 23800, Russia- Ukraine ceasefire, FII net buyer in march

Trade setup for 26 march; Nifty prediction- 23800, Russia- Ukraine ceasefire, FII net buyer in march

A positive FII flow, along with a strengthening INR against the USD and a muted global outlook, supported the market once again, pushing it even higher than the previous level. Today, the market reached a crucial price level that we have repeatedly discussed in our previous blogs of Trade setup, emphasizing its significance in the … Read more