Even when the market is in a Confirmed Uptrend, it is important to initiate your positions at the proper time in stock. A breakout from a base pattern is considered an ideal time to buy a stock. When markets are correcting, three out of four stocks feel the pressure. Even fundamentally strong ... Views: 339
At 8:15 am IST, SGX Nifty Futures was trading at 15,909, compared with Nifty’s close of 15,773 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.2%; S&P 500, +0.5%; Nasdaq, +0.8%; Kospi, +0.4%; Nikkei, +0.04%; Shanghai Composite, ... Views: 337
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, -0.6%; Nasdaq, +0.2%; S&P 500, -0.2%; Kospi, -0.6%; Nikkei, -1.0%; Shanghai Composite, +0.1%
Yesterday, Nifty opened 20 points lower, but gained strength in the opening hour and moved higher. It ... Views: 337
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow 30, -0.2%; Nasdaq, -1.2%; S&P 500, -0.5%; Nikkei, -1%, Kospi, -0.1%; Shanghai Composite, -0.2%
Yesterday, Nifty started the session on a positive note and moved sideways in the first hour. ... Views: 337
MarketSmith India Stories
Knr Constructions stock is worth watching as the stock is forming an 18-week, 22% deep Cup With Handle Base. The current price is only 6% away from its ideal buy price of INR 239. Aggressive investors could use any tight area breakout inside the base as an ... Views: 334
At 8:00 am IST, SGX Nifty Futures was trading at 15,617, compared with Nifty’s close of 15,575 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.1; S&P 500, -0.1%; Nasdaq, -0.1%; Kospi, +0.1%; Nikkei, +0.5%; Shanghai Composite, ... Views: 334
Nifty, after a gap-up opening, kept the bullish momentum intact throughout the day. The index formed higher highs in the hourly chart and closed the upward trending session holding solid gains. In the process, Nifty moved closer to its 50-DMA and is just short of 0.7% to reclaim it. Last ... Views: 334
At 8:15 am IST, SGX Nifty Futures was trading at 15,830, compared with Nifty’s close of 15,879 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, +0.3%; Nasdaq, +0.1%; S&P 500, +0.3%; Kospi, -0.5%; Nikkei, -0.5%; Shanghai Composite, ... Views: 334
At 8:15 am IST, SGX Nifty Futures was trading at 15,609, compared with Nifty’s Friday close of 15,683.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -1.6%; S&P 500, -1.3%; Nasdaq, -0.9%; Kospi, -1.1%; Nikkei, -3.7%; Shanghai Composite, ... Views: 333
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow 30, +0.2%; Nasdaq, +0.03%; S&P 500, +0.2%; Nikkei,+0.4%, Kospi, +0.6%; Shanghai Composite, +0.1%
Yesterday, Nifty opened flat and traded in a narrow range for the day to close 0.20% lower. Volume was ... Views: 333
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Today, Nifty opened 50 points lower and remained under selling pressure, trading toward the day’s low of 15,578 in the first half of the session. In the second half, the index attempted to cover some losses and closed 0.8% lower. ... Views: 332
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, -0.3%; Nasdaq, -0.4%; S&P 500, -0.4%; Kospi, -0.4%; Nikkei, -0.3%; Shanghai Composite, -0.9%
Yesterday, Nifty gained about 100 points at the opening, taking cues from global markets. The index ... Views: 332
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, +0.3%; Nasdaq, +0.1%; S&P 500, +0.3%; Kospi, -0.5%; Nikkei, -0.5%; Shanghai Composite, -0.3%
Yesterday, Nifty opened flat and hit the day’s low in the first hour of trading. However, it gradually ... Views: 332
You’re enjoying your position in a bullish market, but before you know the market goes into a downtrend and you start to incur losses. Stock markets are very volatile, any stock recommendation someone gives you can only be valid for a certain period of time. However, if you keep certain ... Views: 331
Emami stock has broken out of a 6-week, 13% deep Cup Without Handle Base 2-weeks ago. However, the stock is still worth watching as the current price is only 0% away from the ideal buy price of INR 547.
The key trend lines, 10 and 40-week moving averages are at a comfortable position. The ... Views: 330
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Today, Nifty made a gap down opening of more than 170 points and closed the day significantly lower. As volume was lower than the previous trading session, it escaped adding a distribution day. In the broader market, the ... Views: 330
Nifty, after a gap-down opening, tried to fill the gap in the initial hours and traded toward 11,587. However, the index staged a reversal with intensifying selling pressure and closed near the day's low holding decent loss. Though the index fell more than 0.2%, it escaped a distribution day as ... Views: 330
At 8:00 am IST, SGX Nifty Futures was trading at 15,843, compared with Nifty’s close of 15,869 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow30, -0.3%; S&P 500, -0.2%; Nasdaq, -0.7%; Kospi, +0.6%; Nikkei, -0.3%; Shanghai Composite, ... Views: 330
Key Policy Rates
● The MPC unanimously decided to keep the repo rate unchanged at 4%.
● It continues to maintain its accommodative stance as long as necessary to revive growth.
● Reverse repo rate remains unchanged at 3.35%.
● Marginal standing facility and ... Views: 329
Global stock markets: Dow 30, +1.1%; S&P 500, +1.4%; Nasdaq, +2.1%; KOSPI, +0.5%; Nikkei, +1.7%; Hang Seng, -0.2%
Yesterday, after a gap-down opening, Nifty witnessed buying interest and traded toward the day's high of 11,322 in the first half of the trading session. During the second half, ... Views: 329
At 8:00 am IST, SGX Nifty Futures was trading at 15,794, compared with Nifty’s close of 15,737, yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow30, +0.1%; S&P 500, +0.5%; Nasdaq, +0.8%; Kospi, +0.4%; Nikkei, -0.1 %
Yesterday, Nifty ... Views: 329
MarketSmith India Stories 18 May 2021
Balkrishna Industries stock has cleared a 13-week, 19% deep Cup Without Handle Base this week. Currently, the stock is trading around just 11% away from its ideal buy price of INR 1875. The stock is offering investors an opportunity to get on ... Views: 326
MarketSmith India Stories 19 May 2021
Jsw Holdings stock has cleared a 10-week, 21% deep Cup With Handle Base this week. Currently, the stock is trading around just 8% away from its ideal buy price of INR 4170. The stock is worth watching at the current price level.
The key trend ... Views: 326
At 8:00 am IST, SGX Nifty Futures was trading at 15,753, compared with Nifty’s Friday close of 15,670.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.5%; S&P 500, +0.9%; Nasdaq, +1.5%; Kospi, -0.2%; Nikkei, +0.2%; Shanghai Composite, ... Views: 325
At 8:00am IST, the SGX Nifty Futures was trading at 11,293, compared with Nifty’s close of 11,250 Monday.
Market status: Uptrend Under Pressure
Distribution Day Count: Six
Global stock markets: Dow 30, -1.8%; S&P, -1.2%; Nasdaq, -0.1%; Hang Seng, -0.7%; KOSPI, -1.5%
Nifty, after a ... Views: 324
At 8:00 am IST, SGX Nifty Futures was trading at 15,118, compared with Nifty’s close of 14,923, yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.2%; S&P 500, -0.3%; Nasdaq, -0.4%; Kospi, +1.2%; Nikkei, +2.2%; Shanghai Composite, ... Views: 324
MarketSmith India Stories 21 May 2021
Bajaj Finserv Ltd stock has broken out of a 10-week, 15% deep Consolidation Base 2-weeks ago. However, the stock is still worth watching as the current price is only 6% away from the ideal buy price of INR 10579.
The key trend lines, 10 and ... Views: 323
MarketSmith India Stories 21 May 2021
Gail (India) Ltd stock has cleared a 9-week, 19% deep Cup Without Handle Base this week. Currently, the stock is trading around just -6% away from its ideal buy price of INR 158. The stock is offering investors an opportunity to get on board at ... Views: 322
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.2%; S&P 500, -0.1%; Nasdaq, +0.1%; Kospi, +0.4%; Nikkei, +0.1%; Shanghai Composite, -0.2%
Yesterday, Nifty gapped higher by almost 100 points. However, it came under selling pressure in the ... Views: 321
Global stock markets: Dow 30, +0.5%; S&P, +0.05%; Nasdaq, -0.6%; Nikkei, +0.7%; Hang Seng, +0.6%; KOSPI, +1.3%
Nifty moved down toward its 50-DMA at the beginning of the last week. However, Thursday’s action helped Nifty reclaim its 21-DMA. On the weekly chart, it found support at its 10-WMA. ... Views: 321
MarketSmith India Stories
Godrej Industries stock has broken out of a 5-week, 11% deep Flat Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 0% away from the ideal buy price of INR 555.
In the last twelve ... Views: 320
At 8:00 am IST, SGX Nifty Futures was trading at 15,008, compared with Nifty’s close of 14,823 on Friday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow30, +0.7%; S&P 500, +0.7%; Nasdaq, +0.9%; Kospi, +1.1%; Nikkei, +0.9%; Shanghai Composite, ... Views: 318
At 8:00 am IST, SGX Nifty Futures was trading at 15,185, compared with Nifty’s Friday close of 15,175.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.4%; S&P 500, -0.1%; Nasdaq, -0.5%; Kospi, -0.4%; Nikkei, +0.2%; Shanghai Composite, ... Views: 317
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow 30, +0.7%; Nasdaq, +1%; S&P 500, +1%; Nikkei,+1.4%, Kospi, -0.3%; Shanghai Composite, -1.6%
Last week, Nifty started on a weak note as it breached its 21-DMA, but the index found support near its ... Views: 317
At 8:15 am IST, SGX Nifty Futures was trading at 15,740, compared with Nifty’s close of 15,691 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.6%; S&P 500, -0.1%; Nasdaq, +0.8%; Kospi, +0.2%; Nikkei, +0.3%; Shanghai Composite, ... Views: 317
Market status: Uptrend Under Pressure
Distribution days: Six
Global stock markets: Dow30, +0.1%; S&P 500, +0.2%; Nasdaq, -0.1%; Nikkei, -0.4%; Kospi, +0.1%
Yesterday, Nifty opened 100 points higher and reclaimed its 21- and 50-DMA. The volume was relatively higher but below average. ... Views: 316
MarketSmith India Stories 24 May 2021
Divi's Lab stock has broken out of a 13-week, 19% deep Double Bottom Base 4-weeks ago. However, the stock is still worth watching as the current price is only 3% away from the ideal buy price of INR 3888.
The key trend lines, 10 and 40-week ... Views: 315
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow 30, +0.2%; Nasdaq, -0.7%; S&P 500, -0.3%; Kospi, -0.7%; Nikkei, -1.2%; Shanghai Composite, -0.2%
Yesterday, Nifty opened flat and advanced in the first two hours of the session. It then consolidated ... Views: 315
At 8:00 am IST, SGX Nifty Futures was trading at 15,760, compared with Nifty’s close of 15,799 on Friday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow30, +0.04%; S&P 500, +0.2%; Nasdaq, +0.3%; Kospi, +0.1%; Nikkei, +0.5%
Last week, Nifty ... Views: 315
At 8:00 am IST, SGX Nifty Futures was trading at 14,750, compared with Nifty’s close of 14,677, on Friday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +1.1%; S&P 500, +1.5%; Nasdaq, +2.3%; Kospi, -0.1%; Nikkei, -0.6%; Shanghai ... Views: 315
At 8:15 am IST, SGX Nifty Futures was trading at 15,826, compared with Nifty’s close of 15,749 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow30, +0.03%; S&P 500, +0.03%; Nasdaq, +0.2%; Kospi, +0.4%; Nikkei, -0.1%; Shanghai Composite, ... Views: 314
Market status: Uptrend Under Pressure
Distribution days: Six
Global stock markets: Dow30, +0.2%; S&P 500, +0.4%; Nasdaq, +1%; Nikkei, +0.4%; Kospi, -0.3%
Yesterday, Nifty opened higher and remained in the green throughout the day. However, the index was highly volatile on account of ... Views: 314
Global stock markets: Dow 30,-1.5%; S&P,-1.8%;Nasdaq,-2.1%;Nikkei, +0.3%; Hang Seng, +0.4%; KOSPI, -0.5%
Yesterday, Nifty gapped higher this morning and remained in positive momentum throughout the session. Volume was lower, compared with the previous session. Nifty reclaimed its 21-DMA and ... Views: 314
At 8:00 am IST, SGX Nifty Futures was trading at 15,264, compared with Nifty close of 15,208 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.2%; S&P 500, -0.2%; Nasdaq, -0.03%; Kospi, -0.2%; Nikkei, +0.1%; Shanghai Composite, ... Views: 312
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow 30, +0.1%; Nasdaq, -0.2%; S&P 500, +0.1%; Kospi, +0.2%; Nikkei, -0.9%; Shanghai Composite, -0.2%
Yesterday, Nifty had a flat opening and traded toward the day’s low of 15,764 in the first hour. ... Views: 312
Market Pulse: Rally Attempt
Global stock markets: Dow30, +0.01%; S&P 500, -0.02%; Nasdaq, -0.3%; Nikkei, +0.4%; Kospi, -0.9%
Nifty opened flat yesterday, gradually moved higher, and closed near the day’s high. As gains were less than 1.5%, we did not consider it a follow-through day. Note ... Views: 311
At 8:15 am IST, SGX Nifty Futures was trading at 15,826, compared with Nifty’s close of 15,749 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow30, +0.03%; S&P 500, +0.03%; Nasdaq, +0.2%; Kospi, +0.4%; Nikkei, -0.1%; Shanghai Composite, ... Views: 311
Nifty opened on a flat note and traded in both positive and negative territories. In the second half, some buying helped the index to close near the day’s high. Volume of shares traded dried up for the two consecutive days. Around 74% of Nifty50 stocks closed in the green, led by Zee ... Views: 310
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.4%; S&P 500, +0.2%; Nasdaq, +1%; Kospi, -0.4%; Nikkei, -0.9%; Shanghai Composite, -0.6%
Yesterday, Nifty gapped up to open at a new all-time high. However, it failed to hold the opening gains ... Views: 310
At 8:00 am IST, SGX Nifty Futures was trading at 15,324, compared with Nifty close of 15,198 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.5%; S&P 500, +1%; Nasdaq, +1.4%; Kospi, +0.7%; Nikkei, +0.6%; Shanghai Composite, +1.3%
... Views: 308