trade setup

After two days of consolidation, the equity markets finally resumed their up move as it not only prepared some ground to resume its up move but also ended the day on a positive note. The markets saw a weak opening following mildly negative…

It was the second day of consolidation by the Indian equity markets as the Nifty moved in a defined range before ending the day with a modest loss. The markets opened on a positive note and spent the morning session without any directional…

Very much on the anticipated lines, the Nifty made a strong breakout from the broad 15,700-16,400 trading range that it had formed over the past couple of weeks. In the previous technical note, it was mentioned that if the Nifty is able to…

On a listless day of trade with a bearish undertone, the Indian equity markets ended on a negative note after opening with gains. The Nifty opened on a positive note on the expected lines. However, it marked its intraday high point in the…

It was a tepid session for the Indian equity markets as the Nifty stayed in a capped range before ending the day with a modest decline. The markets had no negative overnight cues to deal with -- they opened on a stable note on the expected…

The markets approached their key resistance levels after a strong start and ended the day with a minor loss after coming off their highs. The Nifty saw a stable start to the day on the expected lines, and after an initial blip, it stayed in…

In yet another gaped opening, and this time on the upside, the Indian markets staged a strong short covering-led move and ended the day on a strong note. The Nifty opened on a higher note and got stronger as the day progressed. The markets…

The five sessions over the previous week stayed gripped with heavy volatility. Four out of five days saw Nifty gapping either on the up or on the downside. The wild moves are not reflected on the weekly charts, but the close examination of…

Equity markets had a very disappointing and structured session on Thursday. The market opened with a strong gap-down, grew weaker as the day progressed and ended with a deep cut. The markets inherited a very weak overnight trade setup; the…

After a strong move of over 400-points in the session before this one, the Nifty spent a day in a strong consolidation mode as it ended the day with a minor loss. The markets saw a positive start to the day and traded with modest gains in…