India’s stock benchmarks advanced, aided by gains in telecom, banking, power stocks, amid recovery in U.S. equities as Federal Reserve officials favoured measured policy tightening.
NIFTY
Nifty 17600 possible if index holds above 16800 post Budget
Key thing to monitor in the next week is that Nifty holding above 16800 post the Union Budget 2022 amid oversold conditions would open the doors for a technical pullback towards 17600.
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.
Bank Nifty set for reversal? [20-01-2022] – Neal Bhai Reports
“For Positional Traders: Bank Nifty looks good for a reversal. Its didn’t break yesterday’s low. PSU Banks holding strong in a negative market,” said Rahul Sharma, Director & Head – Research, JM Financial.
Nifty And Bank Nifty Weekly Forecast Buy on dips: Report Neal Bhai [Hindi]
बहुत सारे बाजार के लोगों ने कहा। पिछले हफ्ते की चार दिवसीय रैली ने निश्चित रूप से कुछ विश्वास बहाल किया क्योंकि बाजार आगे बढ़ गया था, जो पिछले पांच हफ्तों या उससे अधिक समय में बाजार को गले लगाने वाली मंदी की पकड़ को पूरी तरह से हिला रहा था।
Bank Nifty Report for Today By Neal Bhai [06-12-2021]
Bank Nifty Report: In the Friday Trading session, Bank nifty fell from their trend line resistance and made a good move on the downside.
Nifty 50 Technical Weekly Repot – 21-11-2021 — Neal Bhai
Nifty 50 Technical Weekly Repot: The last week was a bit of a write-off for the bulls. In a slightly truncated week, the prices declined for all four sessions and the Nifty 50 ended down, threatening the swing low made back at the end of October.