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Below is quote on Market Wrap Up - Support base shifts higher as bulls continue with the merry run by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel One Ltd Nifty continued its momentum with a gap up opening around 18100 mark. It maintained its positive bias throughout the day and ended with gains of almost a percent above 18150. The upmove continues as the markets rallied further post a gap up opening. The banking index showed relative underperformance as altho...
Support base shifts higher as bulls continue with the merry run by Mr. Ruchit Jain, Angel One Ltd
Below is quote on Market Wrap Up - Nifty hits new milestone of 18000 by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel One Ltd Nifty started the day on a flat note and marched higher with the support from the banking heavyweights. It finally tested the 18000 mark which market participants were much awaited for. However, during the later part the index gave up some of the morning gains and ended around 17950 with marginal gains of about three-tenths of a percen...
Nifty hits new milestone of 18000 by Mr. Ruchit Jain, Angel One Ltd
Below is quote on Market Wrap Up - Nifty slips on the expiry day and ends near its crucial support by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel One Ltd Nifty started the expiry session on a flat note and traded within a narrow range till noon. However, we witnessed a gradual correction in the later half and the index ended tad above 17600 with a cut of more than half a percent. Post a minor pullback from the swing low of 17575, Nifty did not surpa...
Nifty slips on the expiry day and ends near its crucial support by Mr. Ruchit Jain, Angel One Ltd
Below is quote on Market Wrap Up - Index consolidates ahead of expiry day; stock specific momentum continues by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel One Ltd The global markets corrected sharply yesterday evening and thus the cues were not much positive at the open. Hence, inspite of the recovery from the lows yesterday, we started today’s sessions on a negative note. However, there was no follow up selling and the index gradually recovered to recoup the ...
Index consolidates ahead of expiry day; stock specific momentum continues by Mr. Ruchit Jain, Angel One Ltd
Below is quote on Market Wrap Up - Nifty consolidates in a range; sector rotation visible by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel One Ltd The overnight global cues were positive and the SGX Nifty was trading above 18000 hinting at a positive start. However, the Nifty failed to capitalize on the cues and started the day marginally positive around 17930. The index did not witness any further upmove from open, but it consol...
Nifty consolidates in a range; sector rotation visible by Mr. Ruchit Jain, Angel One Ltd
Below is quote on Market Wrap Up - A sign of fatigue seen as Nifty is approaching key resistance by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking Nifty started the day on a positive note and marked a new high of 17438. However, it failed to show a follow up move and gave up some of the gains to end below 17400. Although we saw a new high in Nifty, the index traded within a narrow range throughout the day. In last few s...
A sign of fatigue seen as Nifty is approaching key resistance by Mr. Ruchit Jain, Angel Broking
Below is quote on Market Wrap Up - Bulls continues with their relentless run; Nifty ends above 17200 by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking Nifty started the session marginally positive and it then crept higher throughout the day to post its highest close at 17234 with gains of almost a percent. The bulls continue with their relentless run and with a broad market participation, Nifty has ended comfortably abo...
Bulls continues with their relentless run; Nifty ends above 17200 by Mr. Ruchit Jain, Angel Broking
Below is quote on Market Wrap Up - Hint of profit booking in Nifty after hastening towards 17200 by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking The first day of the September month started marginally higher and Nifty surpassed 17200 mark in the first hour of the trade. However, we saw a gradual correction in Nifty for rest of the session and it ended the day below 17100 with a loss of one-third of a percent. We start...
Hint of profit booking in Nifty after hastening towards 17200 by Mr. Ruchit Jain, Angel Broking
Below is quote on Market Wrap Up - Nifty continues to create new records and surpasses 17000 mark by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking Nifty started the day on a flat note but continued with the momentum and surpassed the 17000 mark for the first time. Minor intraday dips in Nifty were getting bought and it witnessed a sharp surge in the last hour of the trade to post gains of over 200 points an...
Nifty continues to create new records and surpasses 17000 mark by Mr. Ruchit Jain, Angel Broking
Below is quote on Market Wrap Up - Strong surge in the fag end helps Nifty claim 16600 by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking Nifty started the session almost flat and traded within a narrow range till noon. It then gradually corrected and breached the 16500 mark due to weakness seen in Banking space and the broader markets. However, it was not done yet, we saw a sharp upmove in the last hour of the trade which ...
Strong surge in the fag end helps Nifty claim 16600 by Mr. Ruchit Jain, Angel Broking
Below is quote on Market Wrap Up - Banking propelled indices higher; but midcaps witness profit booking by Mr. Ruchit Jain, Senior Analyst - Technical and Derivatives, Angel Broking Post creating new records on Tuesday, Nifty started the day with a gap up around 16200 and maintained a positive bias throughout the day. The upmove was mainly led by the banking heavyweights and Nifty managed to end the day above 16250 with gains of eight-tenths of a per...
Market Wrap Up - Banking propelled indices higher; but midcaps witness profit booking by Mr. Ruchit Jain, Angel Broking
Below is quote on Market Wrap Up - Finally 16000 is a reality, heavyweights leads to reach the milestone by Mr. Ruchit Jain, Senior Analyst - Technical and Derivatives, Angel Broking Nifty started the session on a positive note and surpassed the hurdle of 15970 after a long consolidation. It conquered the 16000 level and achieved a new milestone which led to a buying interest in the index heavyweights. The momentum continued throughout the day and the ind...
Market Wrap Up - Finally 16000 is a reality, heavyweights leads to reach the milestone by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Good start for the August month; Nifty ends around 15900 by Mr. Ruchit Jain, Senior Analyst - Technical and Derivatives, Angel Broking Nifty started the August month with a gap up of over 100 points as indicated by the SGX Nifty. However, the index then consolidated within a range throughout the day and ended tad below the 15900 mark It was a day of consolidation post the gap up opening, but the market held on to the gain...
Market Wrap Up - Good start for the August month; Nifty ends around 15900 by Mr. Ruchit Jain, Angel Broking
Below is quote on Market Wrap Up - Relief across the globe leads to recovery in our markets by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd Our markets had corrected ahead of the mid-week holiday owing to negative global cues. However, the global markets recovered from their lows which led to a positive sentiment, and hence we started today’s session with a gap up. The benchmark index traded with a positive bias throu...
Market Wrap Up - Relief across the globe leads to recovery in our markets by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Global sell-off drags market lower on the expiry day by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd Nifty started the weekly expiry day marginally negative on back of soft global cues. Post some consolidation in the first hour, the indices witnessed selling pressure and it crept lower throughout the day to end with a loss of about a percent. The way markets ended on Wednesday, it seemed th...
Market Wrap Up - Global sell-off drags market lower on the expiry day by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Nifty gathers momentum and is now geared up for new highs by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd Nifty started the day on a flat note and consolidated within a range in the first half of the day. However, it gathered momentum in the last couple of hours and ended the day tad below 15900 with gains of less than half a percent. Since last few weeks, the index has consolidated within ...
Market Wrap Up - Nifty gathers momentum and is now geared up for new highs by Mr. Ruchit Jain, Angel Broking
Below are Quote on Indices locked in range due to expiry, weekly close could determine the trend by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd Nifty opened marginally higher and traded with a positive bias during the day. The index managed to end tad below 15800 with gains of over 100 points. Although Nifty posted gains of 100 points, it was more of a day of consolidation with the range of 15700-15800. The index was managed by t...
Market Wrap Up - Indices locked in range due to expiry, weekly close could determine the trend by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Once again last hour selling drags Nifty lower by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd “Nifty started the day marginally positive, but it consolidated in a range for most part of the day. However, we saw some sell-off in that last hour of the trade and Nifty ended the session with a loss of over half a percent. It was a day of consolidation for our markets wherein Nifty traded...
Market Wrap Up - Once again last hour selling drags Nifty lower by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Banking to play a pivotal role to determine short term direction by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd Our markets started the day on a positive note and the index again approached the 15900 mark. However, around that recent swing high, we saw some tentativeness and a sell-off in the banking space in the last hour dragged the markets lower and Nifty ended the day marginally in the gr...
Market Wrap Up - Banking to play a pivotal role to determine short term direction by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Market recovers from opening lows and ends on a positive note by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd The U.S. markets ended with deep cuts on Friday and the Asian bourses too were trading in red ahead of our market opening. In line with the global cues, the SGX Nifty hinted at a negative opening and hence, Nifty started with a gap down of more than 150 points. However, indices recover...
Market Wrap Up - Market recovers from opening lows and ends on a positive note by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Market recovers after yesterday's hiccup by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd “Post the volatility ahead of the weekly expiry session on Wednesday, the indices showed some pullback in today’s session and managed to end the day tad below 15750 with gains of over 100 points. Nifty started the day on a positive note and consolidated within a range with a positive bias. Th...
Market Wrap Up - Market recovers after yesterday`s hiccup by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Market witnesses some shakeout post mid session by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd Nifty started the session marginally positive and inched higher towards the 15800 mark around noon. The market breadth was positive and just when it looked that the index is geared to surpass that hurdle, it took a U-turn and declined sharply. Before anyone could realize, Nifty corrected almost 200 points fro...
Market Wrap Up - Market witnesses some shakeout post mid session by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Bank Nifty continues to disappoint; IT pulls market higher by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd “Nifty started the session marginally positive, but it corrected from the opening level and entered sub 15700 in the first hour of the trade. However, the index, then recovered from its lows and ended the day marginally in the red around 15740. The index is trading around its resistance of...
Market Wrap Up - Bank Nifty continues to disappoint; IT pulls market higher by Mr. Ruchit Jain, Angel Broking
Below are Quote on Market Wrap Up - Benchmark continues to make new high, enters crucial zone by Mr. Ruchit Jain, Chief Analyst-Technical and Derivatives, Angel Broking Ltd “Nifty started the week on a positive note and continued its exercise of making new records and marked a high of 15773 today. The trading range for the day was not much larger and the index posted gains of about half a percent and ended around 15750. The uptrend continues for the Nifty as i...
Market Wrap Up - Benchmark continues to make new high, enters crucial zone by Mr. Ruchit Jain, Angel Broking
Below are Views On Highest closing for Nifty on the expiry day By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) Nifty started the expiry day marginally positive and traded in a range with a positive bias for most part of the day. However, the action really kicked in the last hour of the trade where initially index witnessed a dip towards 15270 and then immediately recovered sharply to mark the highest close with gains of about a quart...
Highest closing for Nifty on the expiry day By Ruchit Jain, Angel Broking
Below are Views On Nifty reclaims 15300 ahead of the expiry day By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Nifty started the day on a positive note and maintained a bullish bias throughout the day. Although it did not post any huge gains, the broader market was buzzing amidst which Nifty managed to end tad above 15300 with gains of six-tenths of a percent. The slow and steady advance for our market continues and the trend for ou...
Nifty reclaims 15300 ahead of the expiry day By Ruchit Jain, Angel Broking
Below are Views On Nifty hovers around 15200 with no real excitement By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) Nifty started the day on a positive note and it initially seemed that the index was all set to surpass the 15300 mark and continue the rally. However, the banking space did not extend the support today due to which the Nifty consolidated within a narrow range and ended the day with negligible gains. It was a day of consolidat...
Nifty hovers around 15200 with no real excitement By Ruchit Jain, Angel Broking
Below are Views On A lackluster session for indices, but undertone remains positive By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) The SGX Nifty hinted at a negative start for our market but we shrugged off the global cues and managed to start the week marginally positive above 15200. We saw some buying interest during the first hour dip around 15150 and the Nifty gradually rallied by about 100 points from the low. However, we saw some ...
A lackluster session for indices, but undertone remains positive By Ruchit Jain, Angel Broking
Below are Views On Index corrects on weak global cues, but broader markets outperform By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “The SGX Nifty hinted at a negative opening for our market and in line with that, we started the day gap down below 14800. However, we did not slip much from the opening levels and the index recovered much of the losses around noon. But since the participation was missing from the index heavyweights, Nifty...
Index corrects on weak global cues, but broader markets outperform By Ruchit Jain, Angel Broking
Below are Views On Profit booking weighs down around the 15000 mark By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) Nifty started the session with a gap up around the 15000 mark. It traded above that level for the first half and hour, but it then corrected sharply to mark a low of 14815. The index then recovered from the lows but no follow up buying was seen and it ended the expiry day on a flat note. The index reclaimed the 15...
Profit booking weighs down around the 15000 mark By Ruchit Jain, Angel Broking
Below are Views On Market continues its optimism, but approaching its key levels now By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) he index started the session on a flat note today, but it witnessed a gradual upmove throughout the day. Amidst participation from the broader market, Nifty ended at its high point of the day around 14650 with gains of over a percent. The markets have swiftly moved higher from the recent swing low a...
Market continues its optimism, but approaching its key levels now By Ruchit Jain, Angel Broking
Below are Views On Banking space leads to some pullback in benchmark indices By Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “During the mid-week holiday, the SGX Nifty was indicating probability of a decent gap up opening. However, the Nifty started the weekly expiry day marginally positive as the IT giant Infy opened with a gap down post is results. Nifty then corrected for the initial couple of hours to mark a low around 14350 mark. But it...
Banking space leads to some pullback in benchmark indices By Ruchit Jain, Angel Broking
Below are Views On Nifty reclaims 14500, but still not completely out of the woods By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Nifty started the day marginally positive and approached the level of 14450 in the first hour of the trade. This level coincided around the previous support which now was the immediate resistance. The index hesitated there and pared the gains before noon itself to sneak below 14300. The index consolidate...
Nifty reclaims 14500, but still not completely out of the woods By Ruchit Jain, Angel Broking
Below are Views On Market reacts to second wave of covid-19 in our country By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Our markets started the week with a gap down on back of worries over rising cases of Covid-19 in our country in this second wave. Our markets completely ignored the global cues today and post the gap down, we witnessed a sell-off across and ended the day tad above 14300, with a deep cut of over three and a half ...
Market reacts to second wave of covid-19 in our country By Ruchit Jain, Angel Broking
Below are Views On Markets looked nervous ahead of U.S. Fed Policy By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Nifty started the session around 14950 mark. Post some correction in the first hour of trade, it witnessed a pullback towards the opening level. However, the bounce got sold into and the index then corrected till the end of the session to post a loss of about 200 points and end tad above 14700 mark. The cor...
Markets looked nervous ahead of U.S. Fed Policy By Ruchit Jain, Angel Broking
Below are Views On Nifty starts the week with a roller coaster move By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Post the sharp sell off on Friday, our markets started the day on a flat note above the 15000 mark. However, we saw selling pressure right from the word go and Nifty corrected sharply to breach 14750 level during the day. The banking index was reeling under pressure and it seemed that bears have complete control today....
Nifty starts the week with a roller coaster move By Ruchit Jain, Angel Broking
Below are Views On Weak global cues jolts our markets, but midcaps outperform By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Post the sharp surge in yesterday’s last hour of trade, it seemed that the mighty bulls have regained strength to take the indices higher. However, the weak sentiment in the global markets had a rub off effect on our markets and hence, we witnessed a gap down opening of more than 200 points in Nifty. Th...
Weak global cues jolts our markets, but midcaps outperform By Ruchit Jain, Angel Broking
Below are Views On Outstanding performance by the bulls; Nifty ends around 15250 By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Nifty started the day with a decent gap up well above the 15000 mark. The index then crept higher towards the swing high of 15175. Just when it looked that the Nifty is facing some hurdle towards that swing high and saw some dip, the index heavyweight RIL took the leadership to take out that resistance and...
Outstanding performance by the bulls; Nifty ends around 15250 By Ruchit Jain, Angel Broking
Below are Views On Nifty consolidates within a range on weekly expiry day By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “The weekly expiry session turned out to be a day of consolidation as the Nifty traded with a narrow range and ended the day with gains of less than half a percent. Unlike last week, it has been a week of consolidation so far for the indices as Nifty as well as Bank Nifty have traded with a narrow ran...
Nifty consolidates within a range on weekly expiry day By Ruchit Jain, Angel Broking
Below are Views On Nifty defends 15100 amidst intraday volatility By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Nifty started the day on a flat note, but corrected in the first hour of the trade to mark a low tad above the 15000 mark. We witnessed some pullback before noon towards 15125 but again some profit booking emerged and the index sneaked below the 15000 level. But it was not over yet, we again saw a recovery at the end and...
Nifty defends 15100 amidst intraday volatility By Ruchit Jain, Angel Broking
Below are Views On Last hour profit booking snaps morning gains By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Nifty started the day marginally positive and crept higher to surpass 15250 level. However, we witnessed some profit booking in the last hour of the day due to which Nifty gave up its intraday gains and ended the day on a flat note. The markets continued its positive momentum in the first hour of the trade tod...
Last hour profit booking snaps morning gains By Ruchit Jain, Angel Broking
Below are Views On Strong global cues pushes Nifty beyond 15100 By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “The positive global sentiment aided to a gap up opening for the week and the Nifty continued to march higher to end the first day of the week above the 15100 mark. The bulls continue to dominate the market movement as we had another gap up opening today to surpass the 15000 mark with an ease. Post the bu...
Strong global cues pushes Nifty beyond 15100 By Ruchit Jain, Angel Broking
Below are Views On Weekly expiry ends at new high despite early hiccup By Ruchit Jain, Angel Broking “Nifty started the session on a flat note today and consolidated within a narrow range for the first hour of trade. However, the index witnessed buying interest in this initial dip and then Nifty gradually moved higher for the rest of the day to end with gains of over 100 points. The early hiccup in the first hour of trade witnessed a good buying interest and t...
Weekly expiry ends at new high despite early hiccup By Ruchit Jain, Angel Broking
Below are Views On Stupendous v-shaped recovery in 3 sessions, markets back to uncharted terrain By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “Following the positive global cues, we started the day on a positive note, but immediately the indices corrected from the opening level within five minutes. However, traders took this dip as a buying opportunity and the index marched higher to register a high of over 14850 mark. It gave up some ...
Stupendous v-shaped recovery in 3 sessions, markets back to uncharted terrain By Ruchit Jain, Angel Broking
Below are Views On Budget exuberance extends, Nifty reclaims 14600 in a flash By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “After yesterday’s gigantic run up, market participants continued with the cheerful mood and thus the index started the session with a decent gap up. The index continued its momentum with buying seen on intraday dips and Nifty ended the day around 14650, marking its highest close ever. The p...
Budget exuberance extends, Nifty reclaims 14600 in a flash By Ruchit Jain, Angel Broking
Below are Views On Broader markets witness some profit booking, be watchful By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “The Nifty index opened on a positive note and surpassed the 14750 mark for the first time. It consolidated at higher level for most part of the session, however, the indices corrected sharply after 2 pm and Nifty ended the day tad below 14600. During most part of the day, the indices were trading o...
Broader markets witness some profit booking, be watchful By Ruchit Jain, Angel Broking
Below are Views On New high again for Nifty, ends around 14650 By Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking) “The Nifty index opened on a positive note and gradually moved higher during the day to register new highs. In just a couple of sessions, the index recovered all its losses of the recent correction and has ended the day tad below 14650. The index continued its previous day’s upmove today supported mainly b...
New high again for Nifty, ends around 14650 By Ruchit Jain, Angel Broking
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