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Buy Crude Oil Above 6200 SL Below 6150 TGT 6250/6300 - Axis Securities Crude oil Crude oil prices experienced an upward price gap during the morning session and ended the day with little change, settling around 6118. On the daily chart, a spinning top candlestick pattern formed at the peak of the recent rally. This pattern suggests a cautious stance regarding the current uptrend. However, it's worth noting that prices remain above the 20 and 60 (EMA) on the daily chart, indicating a positive trend. The(RSI) is also above its reference line, further suppor...
Buy Crude Oil Above 6200 SL Below 6150 TGT 6250/6300 - Axis Securities
Buy Crude Oil Above 6200 SL Below 6150 TGT 6250/6300 - Axis Securities
Source: Axis Securities Ltd
25/05/2023 10:27:13 AM
The trend deciding level for the day is 17680 - Axis Securities Nifty Nifty opened with an upward gap but witnessed selling from the opening tick to end on a negative note. On 18th April, Nifty closed at 17660 with a loss of 47 points. On the daily chart index has formed a bearish candle however it remained restricted within previous session's HighLow range indicating absence of strength on either side. The index continues to move in a Higher Top and Higher Bottom formation on the hourly chart indicating positive bias. The chart pattern suggests th...
The trend deciding level for the day is 17680 - Axis Securities
The trend deciding level for the day is 17680 - Axis Securities
Source: Axis Securities Ltd
19/04/2023 9:39:42 AM
Nifty futures closed at 17009 on a positive note with 11.59% decrease in the open interest indicating Short Covering - Axis Securities HIGHLIGHTS: Nifty futures closed at 17009 on a positive note with 11.59% decrease in the open interest indicating Short Covering. Nifty Futures closed at a premium of 27 points compared to the previous day discount of 08 points. BankNifty closed at 35804 on positive note with 5.97% decrease in open interest indicating Short Covering. BankNifty Futures closed at a premium of 59 points compared to the previous day discount of 10 points. FII's were Buyers in Index Futures to the tune o...
Nifty futures closed at 17009 on a positive note with 11.59% decrease in the open interest indicating Short Covering - Axis Securities
Nifty futures closed at 17009 on a positive note with 11.59% decrease in the open interest indicating Short Covering - Axis Securities
Source: Axis Securities Ltd
17/03/2022 9:46:39 AM
Buy Copper Above 730 SL Below 725 TGT 736/740 - Axis Securities Gold MCX Gold price is trading inside the rising trend line channel by forming higher lows, price is expected to trade positively. Any breakout above 47000 would push the price higher towards 47250/47400 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a positive sign for the prices. BUY GOLD ABOVE 47000 SL BELOW 46800 TGT 47250/47400 Copper MCX Copper price has given a bullish breakout from stron...
Buy Copper Above 730 SL Below 725 TGT 736/740 - Axis Securities
Buy Copper Above 730 SL Below 725 TGT 736/740 - Axis Securities
Source: Axis Securities Ltd
8/10/2021 4:09:51 PM
Nifty opened with an upward gap and witnessed selling for first part of the session - Axis Securities Sensex Nifty opened with an upward gap and witnessed selling for first part of the session. However last hour pullback action pulled index higher and recovered some of the earlier losses. Nifty closed at 15098 with a gain of 142 points. On the daily chart the index has formed a Bullish candle with a lower shadow indicating buying at lower levels. The index continues to move in a Higher Top and Higher Bottom formation on the hourly chart indicating positive bias. The chart pattern sugges...
Nifty opened with an upward gap and witnessed selling for first part of the session - Axis Securities
Nifty opened with an upward gap and witnessed selling for first part of the session - Axis Securities
Source: Axis Securities Ltd
10/03/2021 11:44:04 AM