Market Morning Notes For 29th December 2022
Markets ended on a flat note after the initial attempt to cross 18200 which turned out to be 38.2% of the recent down move and closed below the crucial support of 18130. Closing be
Market Morning Notes For 28 December 2022
Markets extended gains on Tuesday on the back of a surge in metal counters with the Nifty Metal Index rallying by more than 4% to help the Nifty 50 close above 18130. The level of
Market Morning Notes For 27th December 2022
Markets rebounded on Monday on the back of gains from Nifty Bank with Nifty regaining its control above psychological levels of 18000 but remaining vulnerable to a major slide. The
Market Morning Notes For 22nd December 2022
Markets came under intense selling pressure on Wednesday on the back of a surge in the Japanese yen with the Nifty 50 breaching Tuesday’s low and closed near 50 EMA. The sudd
Market Morning Notes For 21st December 2022
Markets reacted sharply to a change in policy stance from the Bank of Japan where the Japanese Yen surged by 4% against a basket of currencies triggering a sell-off in global marke
Market Morning Notes For 20th December 2022
Markets rebounded sharply from the support of 17250 on Monday with the Nifty 50 regaining closing above 18400 while the banking sector underperformed. Despite a sharp pullback, the
Market Morning Notes For 19th December 2022
Markets for the week ended lower by more than 1% on the back of a 50 bps rate hike and hawkish fed commentary with most global markets coming under pressure and FII selling around
Market Morning Notes For 15 December 2022
Markets traded in a narrow range on Wednesday to finally close in the positive terrain forming a small doji star on the daily candlestick which is a sign of indecisiveness ahead of
Market Morning Noted For 14th December 2022
Markets rallied on Tuesday to regain its control above the key resistance of 18580 on the back of upbeat global markets and a surge in USDJPY. The lower-than-expected US CPI data b
Market Morning Noted For 13th December 2022
Markets ended unchanged on Monday after the initial gap-down opening while broader markets outperformed key indices. Overall global markets have turned cautious ahead of the U.S. F