Nifty Bank may move toward 44444 and 45000 levels

“If Nifty Bank (निफ्टी बैंक) manages to stay above the previous high of 44151, it is likely to move toward the 44444 and 45000 levels. On the downside, the rising 20-day moving average (DMA) offers a robust support level, currently located at the 43000 level, and is expected to counter …

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Is it good to buy South Indian Bank share? तीन बड़े ट्रेडों में 65.3 लाख शेयरों के आदान-प्रदान के बाद साउथ इंडियन बैंक लिमिटेड के शेयरों में तेजी आई और इसे बैंक के प्रबंध निदेशक और मुख्य कार्यकारी अधिकारी के रूप में पीआर शेषाद्रि को नियुक्त करने के लिए आरबीआई की मंजूरी मिली।

Nifty Weekly Technical Forecast: Short-Lived Reaction Possible

Nifty Weekly Technical Forecast: It can be noted that, after a rigorous start, the Nifty (निफ्टी) was more in to ranging forthe balance of the week. This is also quite in line withthe expectations that the market in May would range, albeit at a higher level. So far, that is the case.

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Bank Nifty could move to 44,400; India VIX eyed

Bank Nifty Report [15-05-2023]: Five more states in quick succession going into polls late this year, in addition to general elections in 2024 had made Karnataka a battle ground, which markets had also had been following, given how it responded last week, despite US CPI returning weak numbers.

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Is it good to buy South Indian Bank share? तीन बड़े ट्रेडों में 65.3 लाख शेयरों के आदान-प्रदान के बाद साउथ इंडियन बैंक लिमिटेड के शेयरों में तेजी आई और इसे बैंक के प्रबंध निदेशक और मुख्य कार्यकारी अधिकारी के रूप में पीआर शेषाद्रि को नियुक्त करने के लिए आरबीआई की मंजूरी मिली।

Aggressive Selling of Puts in Nifty and Bank Nifty

Nifty and Bank Nifty Price Forecast: On Friday, prices rose sharply and the futures open interest dropped significantly in Nifty and somewhat in Bank Nifty, indicating a rally driven by short-covering. The put-call ratio on the monthly series increased in both Nifty and Bank Nifty due to aggressive put shorting. This action is expected to continue, providing enough fuel for rally attempts during the truncated week ahead.

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Nifty Future Analysis: No Specific Cues Yet, Alertness Needed To Win

Nifty Future Analysis: The week gone by was only slightly different from the earlier one. The market still hasn’t gone anywhere yet. Monday started with the same kind of dullness of the last week, but the market quickly made amends by moving up on the next two sessions. Just as traders were getting ready to play the long side, the bears came right back, slammed the door in the face of the bulls, particularly in the Bank Nifty. FII were buyers earlier in the week, but turned net sellers once again. 

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Is it good to buy South Indian Bank share? तीन बड़े ट्रेडों में 65.3 लाख शेयरों के आदान-प्रदान के बाद साउथ इंडियन बैंक लिमिटेड के शेयरों में तेजी आई और इसे बैंक के प्रबंध निदेशक और मुख्य कार्यकारी अधिकारी के रूप में पीआर शेषाद्रि को नियुक्त करने के लिए आरबीआई की मंजूरी मिली।

What to do if nifty future does not go up?

What if the upmove doesn’t occur? Well, in that case, the lower range (horizontal arrow) should be used as a stop. There aren’t any closer stops. As a bearish signal, this can be meaningful but that is something that I would prefer to deal with in case the occasion comes up. For now, I don’t expect that to happen.  

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