Market Morning Notes For 7th May 2024
Market activity remained muted with Nifty forming inside bar like candle and is holding firmly above Friday low. The outlook for market remains positive given bullish formation of
Market Morning Notes For 6th May 2024
Markets for the week ended with marginal gains after Friday’s decline wiped out most of the weekly gains and led to the formation of gravestone doji on candlestick. Gravestone do
Market Morning Notes For 3rd May 2024
Markets witnessed listless trading activity on Thursday with Nifty ending with modest gains while Bank Nifty settled with marginal losses. At the current juncture, major push for m
Market Morning Notes For 2nd May 2024
Markets witnessed last round of selling on Tuesday to force Nifty back towards 22,600 after initial attempt to cross all-time high. Despite volatility, the outlook for market remai
Market Morning Notes For 30th April 2024
Markets zoomed towards higher levels on back of booster dose from Nifty Bank with the index surging 1200 points. A major breakout is active in Nifty Bank above 49,000 for a potenti
Market Morning Notes For 29th April 2024
Markets ended red on Friday. Nifty ended ~0.7% at 22,419. Indian markets are well supported by Q4FY24 FY24 results. As long as the key support around Nifty 22300 remains undisturbe
Market Morning Notes For 26th April 2024
Markets for April expiry settled with strong gains with Nifty nearly away 1% from all time high and Nifty Bank activating a triangle breakout. We expect positive momentum to accele
Market Morning Notes For 25th April 2024
Markets ended slightly higher on Wednesday. The Nifty index is currently experiencing some resistance between the levels of 22,400 and 22,500. However, it has been able to stay abo
Market Morning Notes For 24th April 2024
Markets ended with marginal gains on Tuesday with India VIX tanking by 20% towards 10 levels while broader markets outperformed key indices. Sharp drop in India VIX points out towa
Market Morning Notes For 23rd April 2024
Markets rebounded with vengeance with Nifty gaining around 1 pct to cement its position above 22300. The corrective phase for market may be over for now and we expect next leg of r