Market Morning Notes For 4th Sept 2023
Markets witnessed a sharp jump on Friday which helped Nifty to end 5 weeks of losing streak and post weekly gains of closer to 1%. Friday’s rebound was mainly on the back of reta
Market Morning Notes For 1st Sept 2023
Markets confirmed major trend reversal after Sensex closed below long-term support of 64,836 thus activating a bearish engulfing line on a monthly candlestick chart. This move is s
Market Morning Notes For 31st Aug 2023
Markets failed to carry opening momentum on Wednesday despite positive global market cues and finally ended unchanged. In fact, Nifty 50 retreated before touching 19,467 which clea
Market Morning Notes For 30th Aug 2023
Market activity remained muted on Monday with Nifty unable to cross 19,397 which turned out to be 50 DMA and followed with flat closing. After yesterday’s move, the MACD indicato
Market Morning Notes For 29th Aug 2023
Markets attempted a rebound on Monday on the back of upbeat global markets but failed to extend beyond 19,350 which was followed by marginal gains to end around 19,300. The rise in
Market Morning Notes For 28th Aug 2023
Markets succumbed to selling pressure on Friday with prices opening lower and thereafter closing at the lowest point of the day by breaching a low of 19253.60. This breach has conf
Market Morning Notes For 25 Aug 2023
Nifty opened with a gap up on Thursday but selling in the second half in financials stocks forced Nifty to end in the negative terrain turning the entire day into a bearish engulfi
Market Morning Notes For 24 Aug 2023
Markets managed to post gains on Wednesday on the back of support from Bank Nifty which rallied more than 1% on the back of a drop in USDINR and lower Brent crude prices. However,
Market Morning Notes For 23 Aug 2023
Market action may suggest “All is well” based on the performance of “B” Group stocks movement in the past few days. But underperformance in Nifty 50 indicat
Market Morning Notes For 22 Aug 2023
Markets began the week on a positive note with Nifty ending closer to 19,400 despite continuous selling from FIIs. The Nifty setup clearly calls for caution after the initial impul