MarketSmith India Stories
Hatsun Agro Products stock has cleared a 22-week, 27% deep Cup Without Handle Base this week. Currently, the stock is trading around just -3% away from its ideal buy price of INR 884. The stock is worth watching at the current price level.
The stock ended ... Views: 306
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: 304
Fundamental analysis is the basic premise of gauging the health of a company’s financial position, business model, sustainability, as well as profitability. Therefore, it is important for investors to know the structure of financial statements, and to be able to read them and get meaningful ... Views: 303
Nifty opened with modest gains and remained volatile during the first half of the session. It managed to hold above yesterday’s low. In the second half, there was good buying, pushing Nifty higher. Nifty is trading 3% and 11% above its 50- and 200-DMA, respectively. Today’s volume was higher ... Views: 302
Market status: Uptrend Under Pressure
Distribution days: Seven
Global stock markets: Dow30, -0.3%; S&P 500, -0.1%; Nasdaq, -0.1%; Nikkei, -0.1%; Kospi, +0.2%
Yesterday, Nifty opened 100 points higher and advanced further to make an intraday high of 14,779. Similar to previous few ... Views: 300
At 8:00 am IST, SGX Nifty Futures was trading at 15,010, compared with Nifty’s close of 14,906, yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.6%; S&P 500, +1.1%; Nasdaq, +1.8%; Kospi, -0.2%; Nikkei, +0.4%; Shanghai Composite, ... Views: 300
At 8:00 am IST, SGX Nifty Futures was trading at 15,063, compared with Nifty’s close of 15,108, yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.8%; S&P 500, -0.9%; Nasdaq, -0.6%; Kospi, +1.2%; Nikkei, -1.2%; Shanghai Composite, ... Views: 300
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, +1.3%; Nasdaq, +0.9%; S&P 500, +1.1%; Kospi, +0.8%; Nikkei, +2.2%; Shanghai Composite, +1.1%
Last week, Nifty breached its 21-DMA on Thursday after reclaiming it on Monday. Markets were volatile ... Views: 296
Nifty advanced higher in all five trading sessions and gained about 500 points during the week. Today, markets reacted positively to the outcome of RBI’s MPC meeting, especially financial related stocks. In Nifty50, four out of the top five gainers were banking stocks, led by Icici Bank (+3.6%) ... Views: 295
At 8:00 am IST, SGX Nifty Futures was trading at 15,460, compared with Nifty close of 15,338 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.4%; S&P 500, +0.1%; Nasdaq, -0.01%; Kospi, +0.7%; Nikkei, +2%; Shanghai Composite, ... Views: 294
Market status: Downtrend
Global stock markets: Dow30, -0.4%; S&P 500, -0.5%; Nasdaq, -1%; Nikkei, -1.8%; Kospi, +0.3%
Yesterday, Nifty gapped down at the open by more than 300 points. It breached its April 12 low (12,248) and made a new low of 14,192. Buying was seen at the day’s low, ... Views: 293
Global stock markets: Dow 30, +1.7%; S&P, +1.8%; Nasdaq, +2.3%; Nikkei, +0.5%; Kospi, +0.6%; Hang Seng, +0.8%
Yesterday, Nifty gapped up and trended higher to make an intraday high of 11,578. As the day wore on, Nifty succumbed to selling pressure and quickly lost over 120 points and made an ... Views: 291
Global stock markets: Dow 30, -0.9%; S&P, -1.1%; Nasdaq, -1.1%; Nikkei, +0.2%; Hang Seng, -0.5%; KOSPI, +0.02%
During the last week, Nifty moved in a relatively narrow range compared with the previous weeks. Through the week, it traded near its 21-DMA. On Friday, Nifty opened on a positive ... Views: 291
Market status: Uptrend Under Pressure
Distribution days: Six
Global stock markets: Dow30, +0.3%; S&P 500, +0.7%; Nasdaq, +1.2%; Nikkei, +0.5%; Hang Seng, -0.7%; Kospi, -0.3%
Nifty, after a flat opening yesterday, witnessed selling pressure and traded toward the day's low of 14,598. ... Views: 288
“The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you are wrong” – William J. O’Neil, MarketSmith Founder
Whether you are a novice or an experienced investor, everyone makes mistakes from time to time. It is easy ... Views: 287
At 8:00 am IST, SGX Nifty Futures was trading at 15,460, compared with Nifty close of 15,338 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.4%; S&P 500, +0.1%; Nasdaq, -0.01%; Kospi, +0.7%; Nikkei, +2%; Shanghai Composite, ... Views: 287
Market status: Downtrend
Global stock markets: Dow30, -0.9%; S&P 500, -0.9%; Nasdaq, -0.9%; Nikkei, -0.7%; Kospi, +0.1%
Yesterday, Nifty started the session on a negative note and made an intraday low of 14,151 within the first minute. But as the session progressed, it turned into positive ... Views: 286
Nifty, -0.4%; Sensex, -0.5%; Nifty Midcap, -0.5%; Nifty Smallcap, -1.5%; Model Portfolio, +1.5%
Market Pulse Uptrend Under Pressure
Distribution Day Count: Six
Nifty gapped lower this morning and remained under pressure for the most part of the session. However, last hour buying helped ... Views: 286
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, -0.8%; Nasdaq, -0.7%; S&P 500, +0.9%; Kospi, -1.9%; Nikkei, -2.3%; Shanghai Composite, -0.7%
Yesterday, Nifty opened briefly in the red and came under selling pressure in the first hour of ... Views: 285
MarketSmith India Stories 18 May 2021
Solara Active Pharma stock has cleared an 11-week, 27% deep Cup Without Handle Base this week. Currently, the stock is trading around just 6% away from its ideal buy price of INR 1625. The stock is offering investors an opportunity to get on board ... Views: 284
At 8:00 am IST, SGX Nifty Futures was trading at 15,342, compared with Nifty close of 15,302 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.03%; S&P 500, +0.2%; Nasdaq, +0.6%; Kospi, -0.7%; Nikkei, -0.7%; Shanghai Composite, ... Views: 281
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 bank rate ... Views: 280
At 8:00 am IST, SGX Nifty Futures was trading at 15,689, compared with Nifty’s close of 15,690 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.1%; S&P 500, -0.4%; Nasdaq, -1%; Kospi, -0.5%; Nikkei, -0.5%; Shanghai Composite, ... Views: 272
Pi Industries stock has broken out of a 17-week, 25% deep Consolidation Base 3-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only -3% away from the ideal buy price of INR 2650.
The stock has an excellent EPS Rank of 91, ... Views: 271
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Today, Nifty started the session with a gain of more than 100 points. It then consolidated its gains and traded sideways for most of the session. The index turned volatile in the last hour, but managed to close near the day’s ... Views: 264
After a gap up opening, Nifty remained volatile but traded in the narrow range for the majority of trading hours. Later, last hour buying interest from investors helped the index close above 11,500 holding decent gains. Volume was lower compared with the previous session. The action in broader ... Views: 253