Nifty witnessed a sharp correction in the last two weeks along with some short rollovers from the January series. Uncertainties in the global market along with higher volatility ahead of the Union Budget 2022 have kept the index quite turbulent in the last couple of weeks.
Sensex / Nifty Future
At Gold Silver Reports, we offer reliable Sensex and Nifty Future tips with intraday and positional trading calls. Get daily updates on index levels, market trends, and expert analysis to make informed decisions in stock market futures trading.
Sensex, Nifty Open Higher; I.T. Stocks Lead Advance
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets enter Monday’s trading session after a volatile week that saw Sensex slip 0.51% and the Nifty 50 end 0.3% lower. S&P BSE Sensex currently sits at 57,200 and the Nifty 50 is at 17,102. Ahead of the day’s trading session, SGX Nifty was up more than 100 points hinting at a positive start. Global cues were also suggesting positive momentum building up. Wall Street equity indices closed with large gains on Friday while Asian markets were up in the green.
Sensex Jumps 700 Points, Nifty Above 17,300; Dr. Reddy’s Q3 Net Income Misses Estimate
India’s stock benchmarks advanced, aided by gains in healthcare, information technology, metal, basic materials and utilities stocks, amid a rebound in global equities.
Nifty Heading to 17500? | Bank Nifty Remains strong – Neal Bhai
“Going forward, bias would remain corrective as long as the index continues to form lower high -low formation. Holding key support of 16800 levels in coming sessions would lead to a technical pull back towards 17500 as index has approached oversold readings ahead of key events,” said Raushan Kumar, Derivative Analyst, IIFL Securities.
Sensex Sheds 1,000 Points; Nifty Slips Below 17,000 [27-01-2022]
India’s stock benchmarks declined, dragged by losses in information technology, banking, metal and consumer durables stocks after Federal Reserve Chair Jerome Powell signalled a March interest-rate liftoff and the hinted at the possibility of hikes at each policy meeting.
Buy only when Nifty crosses 17600
Nifty: “The daily price action formed a bear candle with a lower high -low signaling continuation of the corrective consolidation. Buy only once 17600 level crossed,”
Nifty support at 16750-16800 [25-01-2022]
On Monday, the US markets finished higher, with bargain hunters driving the indices into positive territory at the closing bell. Investors are anxious about the situation in Ukraine, and the outcome of the Fed’s scheduled policy review, thus Asian markets were trading in the red on Tuesday. Our research suggests that the levels of 16800-16750 may act as important support levels in the market. If the market sustained above the levels of 16800, We can expect the market to trade in the range of 16800-17300.