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Weekly Market Wrap Up : Fortunately, a sharp tail end recovery rescued our markets from the crucial support zone yet Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd Below is on Weekly Wrap Up By Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd   Trading for the week began with a downside gap on Monday and due to extended weakness in the financial space, Nifty went on to test 19300 on the same day. Fortunately, a sharp tail end recovery rescued our markets from the crucial support zone. A similar price action was replicated during the remainder of the week. However, with bears maintaining ...
Weekly Market Wrap Up : Fortunately, a sharp tail end recovery rescued our markets from the crucial support zone yet Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd
Weekly Market Wrap Up : Fortunately, a sharp tail end recovery rescued our markets from the crucial support zone yet Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd
Source: Angel One Ltd
18/08/2023 5:28:38 PM
Weekly Market Wrap Up : Oversold market rebounds, not completely out of the woods yet Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd Below is on Weekly Wrap Up By Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd We started off strongly on Monday and it appeared as if the market is going to make one more attempt towards 20000. However, when things are least expected, the market tends to surprise us and unfortunately mostly in an unpleasant manner. On Monday, late in the evening, one of the reputed credit agencies ‘FITCH’ downgraded US credit ratings to A...
Weekly Market Wrap Up : Oversold market rebounds, not completely out of the woods yet Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd
Weekly Market Wrap Up : Oversold market rebounds, not completely out of the woods yet Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd
Source: Angel One Ltd
4/08/2023 5:23:44 PM
As far as levels are concerned, the bullish gap of 19200-19235 is likely to act as a strong support zone Says Sameet Chavan, Angel One Ltd Sensex (65344) / Nifty (19356) Our domestic market subsided the bleak indication of the Gift Nifty in the early trades and started the session with a decent gap up. The heavyweight major Reliance led to a cheer in the market, leading the benchmark index to inch higher and recoup some losses during the first half. However, there has not been strong participation from other heavyweights resulting in a slender range- bound move for the Nifty50, which eventually settled with a mere gain of 0.1...
As far as levels are concerned, the bullish gap of 19200-19235 is likely to act as a strong support zone Says Sameet Chavan, Angel One Ltd
As far as levels are concerned, the bullish gap of 19200-19235 is likely to act as a strong support zone Says Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
11/07/2023 11:52:20 AM
Market Sentiments Quote : Nifty is now nearing it`s important cluster of 19450-19500 Says Sameet Chavan, Angel One Ltd Below is Quote on Market Sentiments Quote By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd   Nifty is now nearing it’s important cluster of 19450-19500. After seeing a vertical rally in last 6 trading sessions, some sort of breather or minor pause cannot be ruled out. Hence, traders can choose to stay light ahead of expiry after reaching mentioned levels. By no means, we expect a complete reversal in the market, rather any small...
Market Sentiments Quote : Nifty is now nearing it`s important cluster of 19450-19500 Says Sameet Chavan, Angel One Ltd
Market Sentiments Quote : Nifty is now nearing it`s important cluster of 19450-19500 Says Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
5/07/2023 3:06:28 PM
Weekly Market Wrap Up : Bulls in cruise control, Nifty enters uncharted territory Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd Below is on Weekly Wrap Up By Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd   Our markets started the week on a flat note on Monday and remained lethargic like previous few days. On the following session, the bulls started making some efforts to elevate markets higher from the key support zone of 18600 – 18700. This was aided by the piece of news flow with respect to HDFC twin’s merger towards the fag end of the...
Weekly Market Wrap Up : Bulls in cruise control, Nifty enters uncharted territory Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd
Weekly Market Wrap Up : Bulls in cruise control, Nifty enters uncharted territory Says Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd
Source: Angel One Ltd
1/07/2023 11:56:33 AM
Market Wrap Up : 19000 finally a reality now, financials participate Says Sameet Chavan, Angel One Ltd Below is Quote on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd We kickstarted the session on a pleasant note today owing to favourable global cues. Without wasting much of a time, markets resumed their upward momentum in the initial trades to mark new high beyond 18900 on a sustainable basis. As the day progressed, lot of sectoral movers collectively pushed the Nifty towards the milestone of 19000. Since it was a monthly ex...
Market Wrap Up : 19000 finally a reality now, financials participate Says Sameet Chavan, Angel One Ltd
Market Wrap Up : 19000 finally a reality now, financials participate Says Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
28/06/2023 4:48:46 PM
Market Sentiments Quote : The Nifty is clearly knocking on the door of record highs Says Sameet Chavan, Angel One Ltd Below is Quote on Market Sentiments Quote By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd   The Nifty is clearly knocking on the door of record highs. The way-out markets have outperformed global peers in last couple of session, it's an indication of inherent strength. Probably by today second half or tomorrow, the Nifty should be seeing a new record high and then eyeing the next milestone of 19000. Importantly, the recent laggar...
Market Sentiments Quote : The Nifty is clearly knocking on the door of record highs Says Sameet Chavan, Angel One Ltd
Market Sentiments Quote : The Nifty is clearly knocking on the door of record highs Says Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
21/06/2023 3:07:58 PM
Weekly Market Wrap Up : Nifty registers highest ever close, now record high is imminent Says Mr. Sameet Chavan, Angel One Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Our domestic markets started the week on a promising note on Monday. However, on the same day itself, we had a muted price action with bulls remaining at the dominant position. This was followed by a good traction mainly in Nifty, courtesy to marquee names like, RELIANCE and few Metal counters. In this process, Nifty managed to reclaim 18750 on a closing basis. Howeve...
Weekly Market Wrap Up : Nifty registers highest ever close, now record high is imminent Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : Nifty registers highest ever close, now record high is imminent Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
17/06/2023 9:39:13 AM
Stock Recommendations By Mr. Sameet Chavan, Angel One Below View On Stock Recommendations By Mr. Sameet Chavan, Head Research, Technical and Derivatives, Angel One Ltd Stock Recommendations: 1.  NSE Scrip Code – CHEMPLASTS View                     –   Bullish Last Close           –   Rs. 477.55 Justification – ...
Stock Recommendations By Mr. Sameet Chavan, Angel One
Stock Recommendations By Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
9/06/2023 5:06:36 PM
Weekly Market Wrap Up : Boredom continues in key indices, awaiting some trigger Says Mr. Sameet Chavan, Angel One Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd   We started off well on Monday but similar to the previous week, the conviction was lacking in all key indices. We slipped into a consolidation mode for a couple of days which was then followed by a good upsurge on Wednesday, courtesy to IT and Metal counters. However, post the RBI monetary policy, traders chose to take some money off the table and in the p...
Weekly Market Wrap Up : Boredom continues in key indices, awaiting some trigger Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : Boredom continues in key indices, awaiting some trigger Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
9/06/2023 4:40:43 PM
Indian Energy Exchange : The stock has been a laggard since the last 15 odd months Mr. Sameet Chavan, Angel One Ltd Below is the Indian Energy Exchange By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd   IEX is an Indian electronic system-based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC). The stock has been a laggard since the last 15 odd months. Stock prices tumbled in the last couple of sessions after the reports said that the power ministry has directed the CERC to undertake the ‘Market Coup...
Indian Energy Exchange : The stock has been a laggard since the last 15 odd months Mr. Sameet Chavan, Angel One Ltd
Indian Energy Exchange : The stock has been a laggard since the last 15 odd months Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
9/06/2023 12:49:54 PM
Realtime Quote on Nifty : Once we see contribution from the heavyweight pockets, Nifty is good to go towards its record highs soon Sameet Chavan, Angel One Ltd Below is Quote on Nifty By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd   The global positivity is aiding well for our markets as we saw Nifty posting its calendar year high of 18676.05 in early trades today. The follow up is missing from the BFSI space. Once we see contribution from the heavyweight pockets, Nifty is good to go towards its record highs soon.   Above views are of the author and not of the website kindl...
Realtime Quote on Nifty : Once we see contribution from the heavyweight pockets, Nifty is good to go towards its record highs soon Sameet Chavan, Angel One Ltd
Realtime Quote on Nifty : Once we see contribution from the heavyweight pockets, Nifty is good to go towards its record highs soon Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
7/06/2023 11:49:13 AM
Weekly Market Wrap Up : Nifty slipped into a consolidation first and a tiny bit profit booking Says Mr. Sameet Chavan, Angel One Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd. After an extended weekend, we started the week on a pleasant note owing to smart rally in US markets on previous Friday. In the initial trades, we extended the move to challenge the 18200 mark. However, due to lack of conviction at higher levels, Nifty slipped into a consolidation first and a tiny bit profit booking was witnessed in the latter half to restrict gains....
Weekly Market Wrap Up : Nifty slipped into a consolidation first and a tiny bit profit booking Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : Nifty slipped into a consolidation first and a tiny bit profit booking Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
5/05/2023 6:15:46 PM
Market Wrap Up : Bulls in cruise control, Nifty surmounts 18200 Says Mr. Sameet Chavan, Angel One Below is on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Bulls in cruise control, Nifty surmounts 18200 Last night, US markets reacted adversely as Federal Reserve delivers yet another rate hike by 25bps. The SGX Nifty looked nervous early this morning; but surpassingly, our markets started the session on a flat note and after some initial hesitancy, resumed its upward trajectory. Gradually, we kept on climbing as the da...
Market Wrap Up : Bulls in cruise control, Nifty surmounts 18200 Says Mr. Sameet Chavan, Angel One
Market Wrap Up : Bulls in cruise control, Nifty surmounts 18200 Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
4/05/2023 4:43:31 PM
Weekly Market Wrap Up : Nifty snaps its recent winning streak Says Mr. Sameet Chavan, Angel One Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd US markets had a rough session last night which resulted in a nervous start for most of the Asian bourses early in the morning. We too had a sluggish start but certainly not to the tune of what SGX was indicating. In the initial hour, the benchmark corrected slightly to test the 18050 mark; but a consolidation thereafter with a hint of modest recovery towards the end,...
Weekly Market Wrap Up : Nifty snaps its recent winning streak Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : Nifty snaps its recent winning streak Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
3/05/2023 4:48:33 PM
Market Wrap Up : Bulls continue with their winning spree Says Sameet Chavan, Angel One Below is Quote on The Market Wrap Up by Mr. Sameet Chavan, Head Research - Technical and Derivatives, Angel One Ltd. After an extended weekend, we started the session on a pleasant note owing to a smart rally in US markets on Friday. In the initial trades, we extended the move to challenge the 18200 mark. However, due to lack of conviction at higher levels, Nifty slipped into a consolidation first and a tiny bit of profit booking was witnessed in the latter ha...
Market Wrap Up : Bulls continue with their winning spree Says Sameet Chavan, Angel One
Market Wrap Up : Bulls continue with their winning spree Says Sameet Chavan, Angel One
Source: Angel One Ltd
2/05/2023 5:18:32 PM
Market Wrap Up : Bulls make a strong comeback this series by pocketing nearly 5% Says Sameet Chavan, Angel One Below is Quote on The Market Wrap Up by Mr. Sameet Chavan, Head Research - Technical and Derivatives, Angel One Ltd. Bulls make a strong comeback this series by pocketing nearly 5% Our markets started the session on a flat note as indicated by the SGX Nifty. In the first half, we observed consolidation in the benchmark index; but stock specific action continued to attract traders’ attention. As we stepped into the latter half, the bulls regathered som...
Market Wrap Up : Bulls make a strong comeback this series by pocketing nearly 5% Says Sameet Chavan, Angel One
Market Wrap Up : Bulls make a strong comeback this series by pocketing nearly 5% Says Sameet Chavan, Angel One
Source: Angel One Ltd
27/04/2023 4:48:39 PM
Market Wrap Up : NIFTY ended the session comfortably above 17700 Says Sameet Chavan, Angel One Below is Quote on The Market Wrap Up by Mr. Sameet Chavan, Head Research - Technical and Derivatives, Angel One Ltd.   Tail end buying sends Nifty beyond 17800   We once again had a quiet start owing to mixed global cues. During the first hour, key indices remained slightly under pressure which resulted in retesting of 17700. However, as the day progressed, the buyers turned active and accelerated the momentum in the latter half. With some t...
Market Wrap Up : NIFTY ended the session comfortably above 17700 Says Sameet Chavan, Angel One
Market Wrap Up : NIFTY ended the session comfortably above 17700 Says Sameet Chavan, Angel One
Source: Angel One Ltd
26/04/2023 5:06:55 PM
Market Wrap Up : NIFTY ended the session comfortably above 17700 Says Sameet Chavan, Angel One Below is Quote on The Market Wrap Up by Mr. Sameet Chavan, Head Research - Technical and Derivatives, Angel One Ltd.   ICICI Bank uplifts the sentiment, Nifty reclaims 17700   Markets kick-started the week on a positive note citing to stellar earnings over the weekend from banking giant, ICICI bank. This was followed by some tentativeness in the benchmark index NIFTY; but banking space kept on bucking the trend. After a brief pause, the buyi...
Market Wrap Up : NIFTY ended the session comfortably above 17700 Says Sameet Chavan, Angel One
Market Wrap Up : NIFTY ended the session comfortably above 17700 Says Sameet Chavan, Angel One
Source: Angel One Ltd
24/04/2023 4:48:33 PM
Market Wrap Up : Global woes continue to haunt market participants Says Sameet Chavan, Angel One Below is Quote on Daily Market Wrap Up By Sameet Chavan, Chief Analyst- Technical and Derivatives, Angel One Ltd Despite SGX was indicating a sluggish start, our markets opened marginally in the red. However, without wasting much of a time, the selling resumed across the broader market. The Nifty kept on sinking to not only slide below 17000 but also went on to challenge the Thursday’s low of 16850. Fortunately, some buying emerged after posting a low of 1682...
Market Wrap Up : Global woes continue to haunt market participants Says Sameet Chavan, Angel One
Market Wrap Up : Global woes continue to haunt market participants Says Sameet Chavan, Angel One
Source: Angel One Ltd
20/03/2023 6:01:59 PM
Market Wrap Up : Nifty remained sideways and with some weakness towards the en Says Sameet Chavan, Angel One Below is quote on Daily Market Wrap Up By Sameet Chavan, Chief Analyst- Technical and Derivatives, Angel One Ltd Our market started the session with marginal gains but soon after the sell off resumed to test the 17450 mark. The oversold markets then rebounded sharply post the initial hour to hasten towards 17600 in a flash. However, due to lack of follow up buying, the momentum fizzed out at higher levels. During the remaining part of the session, the Nifty remaine...
Market Wrap Up : Nifty remained sideways and with some weakness towards the en Says Sameet Chavan, Angel One
Market Wrap Up : Nifty remained sideways and with some weakness towards the en Says Sameet Chavan, Angel One
Source: Angel One Ltd
23/02/2023 5:40:15 PM
Market Wrap Up : Nifty at 3-weeks high, finally reclaims 17900 Says Mr. Sameet Chavan, Angel One Ltd Below is on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Despite SGX's muted start, our markets opened with a decent bump convincingly above the 17800 mark. Barring an initial small pullback, the index maintained its positive posture throughout the remaining part of the session. With a steady up move, the Nifty finally managed to close above 17900, which is highest in last three weeks. In this course of action, the bull...
Market Wrap Up : Nifty at 3-weeks high, finally reclaims 17900 Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Nifty at 3-weeks high, finally reclaims 17900 Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
14/02/2023 4:46:25 PM
Market Wrap Up : On Friday, there was no major traction in the index, and our markets lacked conviction at the higher end Says Mr. Sameet Chavan, Angel One Ltd Below is on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd On Friday, there was no major traction in the index, and our markets lacked conviction at the higher end of the recent trading range. Nifty eventually ended with a minor loss to close the session almost at the previous week's close. We have certainly weathered the storm, and the market has digested most of the pain from the recent fiasco. Now that we are tradin...
Market Wrap Up : On Friday, there was no major traction in the index, and our markets lacked conviction at the higher end Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : On Friday, there was no major traction in the index, and our markets lacked conviction at the higher end Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
13/02/2023 1:03:05 PM
Weekly Market Wrap Up : The Nifty approached the higher end of the recent trading range Says Mr. Sameet Chavan, Angel One Below is on Weekly Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd After couple of weeks of dramatic moves with respect to ADANI saga, things seemed to have come to an equilibrium towards the fag end of previous week. We started the proceedings on Monday on a soft note and remained sluggish for the first couple of sessions. This was followed by some promising action on the subsequent sessions. The Nifty approached the higher e...
Weekly Market Wrap Up : The Nifty approached the higher end of the recent trading range Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : The Nifty approached the higher end of the recent trading range Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
10/02/2023 5:33:23 PM
Market Wrap Up : Nifty in the vicinity of crucial hurdles, banking needs to chip in Says Mr. Sameet Chavan, Angel One Below is on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd This morning the global set up was slightly pleasant, and in line with this, our markets started the session on a positive note. The strength continued ahead of the RBI's monetary policy, and since the outcome was very much in line with consensus (rate hike by 25 bps), we witnessed a consolidation thereafter. The buying resumed towards the latter part of the sessi...
Market Wrap Up : Nifty in the vicinity of crucial hurdles, banking needs to chip in Says Mr. Sameet Chavan, Angel One
Market Wrap Up : Nifty in the vicinity of crucial hurdles, banking needs to chip in Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
8/02/2023 4:36:51 PM
Market Wrap Up : Consolidation continues, eyes on RBI Governor Says Mr. Sameet Chavan, Angel One Below is on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Our markets started the session on a quiet note, despite SGX's indication of a strong start. Around the midsession, we witnessed a small drop in key indices, which resulted in testing the 17650 mark. However, a strong bout of buying in last couple of hours of the day, trimmed major portion of losses to reclaim 17700 on a closing basis. The banking space was the ma...
Market Wrap Up : Consolidation continues, eyes on RBI Governor Says Mr. Sameet Chavan, Angel One
Market Wrap Up : Consolidation continues, eyes on RBI Governor Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
7/02/2023 5:23:00 PM
Market Wrap Up : No major traction after recent volatility Says Mr. Sameet Chavan, Angel One Below is on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd We had a nervous start for the week owing to sluggish global cues. The selling aggravated a bit in some of the heavyweights in the first half and in the process, the Nifty slid towards the 17700 mark. Fortunately, this intraday support provided cushion to the weakness and due to modest recovery in the latter half, Nifty concluded the session with half a percent cut ta...
Market Wrap Up : No major traction after recent volatility Says Mr. Sameet Chavan, Angel One
Market Wrap Up : No major traction after recent volatility Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
6/02/2023 5:13:33 PM
Weekly Market Wrap Up : Last week, the Adani Group fiasco struck our markets like a comet Says Mr. Sameet Chavan, Angel One Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Last week, the Adani Group fiasco struck our markets like a comet. The spillover effect of this carnage triggered a massive sell-off in the banking space, which then spread across the broader market. Around mid-week, the finance minister delivered a stellar ‘Budget’ and markets gave a complete thumbs up to this event. We hastened towards 18000 on the same ...
Weekly Market Wrap Up : Last week, the Adani Group fiasco struck our markets like a comet Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : Last week, the Adani Group fiasco struck our markets like a comet Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
3/02/2023 5:29:04 PM
Post Budget Quote : Nifty manages to stay above 18000, we should brace ourselves for a strong rally in the coming days Says Mr. Sameet Chavan, Angel One Ltd Below is Quote On Post Budget Reaction by Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd The market seems to have given a thumbs up to the budget. We have already managed to reclaim the 17800 mark, which was compromised last Friday. Now today’s close would be quite crucial. If Nifty manages to stay above 18000, we should brace ourselves for a strong rally in the coming days.   Above views are of the author and n...
Post Budget Quote : Nifty manages to stay above 18000, we should brace ourselves for a strong rally in the coming days Says Mr. Sameet Chavan, Angel One Ltd
Post Budget Quote : Nifty manages to stay above 18000, we should brace ourselves for a strong rally in the coming days Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
1/02/2023 3:25:29 PM
Weekly Market Wrap Up : Traders are advised to keep a note of all the above scenarios Says Mr. Sameet Chavan, Angel One Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd For the fourth consecutive week, we had a promising start on Monday, and it appeared as if we were going to finally come out of the recent congestion zone in an upward direction. Unfortunately, mostly the market tries to deceive us, and this time too, it caught most of the traders on the wrong foot. On Wednesday, some unpleasant news related to Adani Group triggered t...
Weekly Market Wrap Up : Traders are advised to keep a note of all the above scenarios Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : Traders are advised to keep a note of all the above scenarios Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
27/01/2023 6:12:14 PM
Weekly Market Wrap Up : Some tentativeness ahead of heavyweights earning Says Mr. Sameet Chavan, Angel One Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd For the third consecutive week, our markets had a promising start; but we failed to capitalize on it once again due to lack of follow up buying interest. The US markets were the spoilsport as we witnessed a sizeable correction there in the latter half of the week. Although, we didn’t mirror the weakness, our markets remained tentative to conclude the week tad ab...
Weekly Market Wrap Up : Some tentativeness ahead of heavyweights earning Says Mr. Sameet Chavan, Angel One
Weekly Market Wrap Up : Some tentativeness ahead of heavyweights earning Says Mr. Sameet Chavan, Angel One
Source: Angel One Ltd
20/01/2023 6:10:06 PM
Market Wrap Up : Markets recovers from initial nervousness, banking aids the recovery Says Mr. Sameet Chavan, Angel One Ltd Below is on Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd We had a sluggish start for the day in line with SGX Nifty. In the initial trade, the nervousness dragged our benchmark lower to almost test the 17800. However, the banking space provided the much needed helping hand at lower levels along with few heavyweight IT names. We did see complete recovery in the first half and in fact for a brief period, Nifty traded in the p...
Market Wrap Up : Markets recovers from initial nervousness, banking aids the recovery Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Markets recovers from initial nervousness, banking aids the recovery Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
11/01/2023 5:18:58 PM
Weekly Market Wrap Up : 17750 to be seen as key pivotal point Says Mr. Sameet Chavan, Angel One Ltd Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd The SGX Nifty had indicated a soft opening for the new calendar year. However, our markets completely shrugged off these cues as they started the session marginally in the green on Monday. We did see some ambiguity in the first half; but with few heavyweights attracting strong buying around the mid-session, Nifty picked up decent momentum in the upward direction. Even...
Weekly Market Wrap Up : 17750 to be seen as key pivotal point Says Mr. Sameet Chavan, Angel One Ltd
Weekly Market Wrap Up : 17750 to be seen as key pivotal point Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
6/01/2023 5:13:06 PM
Market Wrap Up : The SGX Nifty indicated a soft opening for the new calendar year Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd The SGX Nifty indicated a soft opening for the new calendar year. However, our markets completely shrugged off these cues as they started the session marginally in the green. We did see some ambiguity in the first half; but with few heavyweights attracting strong buying around the mid-session, Nifty picked up decent momentum in the upward direction. Eventu...
Market Wrap Up : The SGX Nifty indicated a soft opening for the new calendar year Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : The SGX Nifty indicated a soft opening for the new calendar year Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
2/01/2023 5:20:15 PM
Weekly Market Wrap Up : The upward move continued for next couple of sessions to almost reclaim the 18700 mark Says Mr. Sameet Chavan, Angel One Ltd Below is on Weekly Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd We had a nervous start for the week on Monday in line with not so favorable global cues. Nifty challenged 18400 in initial hours; but fortunately, it took a U-turn after testing the midpoint of 18400-18300 support range. The upward move continued for next couple of sessions to almost reclaim the 18700 mark. On Wednesday night, Fed announced a rate hike by 50 bps, whic...
Weekly Market Wrap Up : The upward move continued for next couple of sessions to almost reclaim the 18700 mark Says Mr. Sameet Chavan, Angel One Ltd
Weekly Market Wrap Up : The upward move continued for next couple of sessions to almost reclaim the 18700 mark Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
16/12/2022 5:53:49 PM
Market Wrap Up : Last evening, US markets wobbled a bit after the Fed policy Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Last evening, US markets wobbled a bit after the Fed policy. The kind of reaction we witnessed last night, it appeared as if global markets have digested this development and no major damage was done. However, today morning, markets across the globe started feeling some pressure, which augmented as the day progressed. Hence, the initial gradual decline in ...
Market Wrap Up : Last evening, US markets wobbled a bit after the Fed policy Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Last evening, US markets wobbled a bit after the Fed policy Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
15/12/2022 6:03:54 PM
Market Wrap Up : Market recovers from early tremors, bulls not willing to give up Says Sameet Chavan, Angel One Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd We had a nervous start for the week in line with not so favourable global cues. In the initial trades, Nifty sneaked below the 18400 mark and even went on to challenge 18350. Fortunately, the mighty bulls came for a rescue as some of the heavyweight pockets cushioned these early tremors. In fact, we witnessed a V-shaped recovery in the initial hour to recoup all losses in a quick spa...
Market Wrap Up : Market recovers from early tremors, bulls not willing to give up Says Sameet Chavan, Angel One
Market Wrap Up : Market recovers from early tremors, bulls not willing to give up Says Sameet Chavan, Angel One
Source: Angel One Ltd
12/12/2022 5:38:38 PM
Weekly Market Wrap Up : Our markets started the week on a flat note in absence of global as well as domestic triggers Says Mr. Sameet Chavan, Angel One Ltd  "Weekly Market Wrap Up" by  Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Our markets started the week on a flat note in absence of global as well as domestic triggers. As the week progressed, key indices continue to remain in a slumber phase. During the mid-week RBI monetary policy, it appeared as if the Governor dented the sentiments; but immediately on the next day, the banking space proved its sign...
Weekly Market Wrap Up : Our markets started the week on a flat note in absence of global as well as domestic triggers Says Mr. Sameet Chavan, Angel One Ltd
Weekly Market Wrap Up : Our markets started the week on a flat note in absence of global as well as domestic triggers Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
9/12/2022 5:43:08 PM
Weekly Market Wrap Up : Nifty clocks highest ever weekly close above 18500 Says Mr. Sameet Chavan, Angel One Ltd  "Weekly Market Wrap Up" by  Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd On Monday, our domestic markets started the week on a nervous note citing to sluggish global cues. However, it was more of a consolidation with mildly negative bias. The sacrosanct support around 18100 provided cushion at lower levels which was then followed by some modest recovery in the following sessions. The monthly expiry ha...
Weekly Market Wrap Up : Nifty clocks highest ever weekly close above 18500 Says Mr. Sameet Chavan, Angel One Ltd
Weekly Market Wrap Up : Nifty clocks highest ever weekly close above 18500 Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
26/11/2022 9:22:08 AM
Market Wrap Up : After the initial trades, strong buying emerged across the board to enter the positive terrain first Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Our markets once again shrugged off negativity from the global peers as we started the week on a flat note (with mild losses) today morning. After the initial trades, strong buying emerged across the board to enter the positive terrain first. The banking space led from the front as they not only managed to pull markets from key supports but also kept prope...
Market Wrap Up : After the initial trades, strong buying emerged across the board to enter the positive terrain first Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : After the initial trades, strong buying emerged across the board to enter the positive terrain first Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
17/10/2022 5:26:12 PM
Market Wrap Up : Finally, some respite globally, 17000 - 16800 proved its mettle Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Last week, over the weekend, once again global sentiments dampened which resulted in a massive gap down opening on Monday. But fortunately, our markets managed to give a V-shaped recovery to reclaim the 17200 mark at the close. In the subsequent session, the benchmark index Nifty failed to sustain at higher levels and due to immense selling in some of the ...
Market Wrap Up : Finally, some respite globally, 17000 - 16800 proved its mettle Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Finally, some respite globally, 17000 - 16800 proved its mettle Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
14/10/2022 5:12:57 PM
Market Wrap Up : In fact if the market has to regain real strength, it needs to surpass 17250 Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd The cues from the US bourses today morning were neutral to slightly on the positive side. Despite this, our markets had a weak opening and as the day progressed, we kept on shrinking like a slow poison. Fortunately, we witnessed some buying interest at lower levels and saw some recovery as we stepped into the last hour of the trade. With some wild swings a...
Market Wrap Up : In fact if the market has to regain real strength, it needs to surpass 17250 Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : In fact if the market has to regain real strength, it needs to surpass 17250 Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
13/10/2022 5:08:55 PM
Market Wrap Up : Global tremor digested successfully Nifty ends above 17200 Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd On Friday, despite better macro economic data, US markets reacted negatively and ended the week on a pessimistic note. This certainly spoiled global sentiments and hence, SGX Nifty today morning indicated a gap down opening with more than 200 points cut. In line with this, Nifty opened below 17100 and then tested the 17050 mark. Fortunately, bulls cushione...
Market Wrap Up : Global tremor digested successfully Nifty ends above 17200 Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Global tremor digested successfully Nifty ends above 17200 Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
10/10/2022 5:48:50 PM
Market Wrap Up : Market finally finds its mojo back, Nifty reclaims 17250 Says Mr. Sameet Chavan, Angel One Ltd  "Market Wrap Up" by  Mr. Sameet Chavan, Chief Analyst - Technical & Derivative Research, Angel One Ltd. US markets witnessed a spectacular recovery last night to conclude with healthy gains. This overnight development lifted overall sentiments across the globe and to mirror this, our domestic markets had a massive bump up at the opening. In the initial trade, these gains extended a bit and then thereafter, key indices remaine...
Market Wrap Up : Market finally finds its mojo back, Nifty reclaims 17250 Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Market finally finds its mojo back, Nifty reclaims 17250 Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
4/10/2022 5:41:05 PM
Market Wrap Up : All`s well that ends well, Nifty reclaims 17000 Says Mr. Sameet Chavan, Angel One Ltd  "Market Wrap Up" by  Mr. Sameet Chavan, Chief Analyst - Technical & Derivative Research, Angel One Ltd. Over the weekend, global markets felt a tremor after US Dollar Index surpassed alarming levels which obviously has a negative correlation with equity markets. We started the week with a decent downside gap on Monday amid global weakness. As the day progressed, the selling augmented across the broader market to test the psyc...
Market Wrap Up : All`s well that ends well, Nifty reclaims 17000 Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : All`s well that ends well, Nifty reclaims 17000 Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
30/09/2022 5:36:45 PM
Market Wrap Up : Although key indices are lacking a bit of momentum Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd The SGX Nifty was indicating a muted start today morning. Despite this, our benchmark index opened with a decent upside gap considering the US markets’ Friday rally. The opening lead got extended in the initial hour itself beyond 17950. However, the movement in most of the heavyweights became stagnant thereafter and hence, the Nifty remained in a sle...
Market Wrap Up : Although key indices are lacking a bit of momentum Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Although key indices are lacking a bit of momentum Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
12/09/2022 4:58:03 PM
Market Wrap Up : This is exactly what we had alluded to in our previous commentary the struggle around 17700 Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd US markets have been in a declining mode for the last couple of weeks and last night, they rebounded sharply due to their overbought condition. We bring the outperforming market of late, was in search of a small push sentimentally and a sharp bounce back globally provided the much-needed impetus to start the session with a decent bump up. A small bout of p...
Market Wrap Up : This is exactly what we had alluded to in our previous commentary the struggle around 17700 Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : This is exactly what we had alluded to in our previous commentary the struggle around 17700 Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
8/09/2022 6:00:17 PM
Market Wrap Up : Our markets once again completely ignored the sluggish global cues Says Mr. Sameet Chavan, Angel One Ltd Below is the Daily Market Wrap Up By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd Our markets once again completely ignored the sluggish global cues as we started the session on a positive note. In the initial hour, Nifty literally hastened beyond the 17750 mark and it appeared as if it was going to come out of the congestion zone finally. But tentativeness was observed once again at higher levels, which resulted in erasing all gains to...
Market Wrap Up : Our markets once again completely ignored the sluggish global cues Says Mr. Sameet Chavan, Angel One Ltd
Market Wrap Up : Our markets once again completely ignored the sluggish global cues Says Mr. Sameet Chavan, Angel One Ltd
Source: Angel One Ltd
6/09/2022 5:20:34 PM