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Below The Bank Nifty Write Up" by Sneha Seth, Derivatives Research Analyst, Angel One Ltd The Indian equity market saw yet another week of consolidation, with the banking index being a notable underperformer recently. The week started on a cautious note, with tenderness observed between 44000 and 44200 levels. Interestingly, there wasn't any significant selling pressure either during the week; in fact, some resilience was evident at lower levels ...
Bank Nifty Write Up : Eventually, we ended the fourth week with a decline, settling around 43850 Say`s Sneha Seth, Angel One Ltd
Below The Bank Nifty Write Up" by Sneha Seth, Derivatives Research Analyst, Angel One Ltd The BANKNIFTY has been the weakest link of late and in-line with this, we witnessed a soft opening in tandem with benchmark. However, initially both key indices had divergent moves and surprisingly, the banking index was showing tremendous resilience this time, courtesy to some strength in the PSU banks. This helped the index surpass the important psychological level of 4...
Bank Nifty Write Up : The BANKNIFTY has been the weakest link of late and in-line with this Say`s Sneha Seth, Angel One Ltd
Below The Bank Nifty Write Up" by Sneha Seth, Derivatives Research Analyst, Angel One Ltd After a mid-week holiday, we witnessed a gap-down opening around 43700. Following some initial hiccups, the index gradually moved northwards. However, it wasn't a convincing recovery as we could see in Nifty. Despite a couple of attempts, the index remained tentative around the vicinity of 44000 during the latter half of the day. Eventually, the high beta index settle...
Bank Nifty Write Up : After a mid-week holiday, we witnessed a gap-down opening around 43700 Say`s Sneha Seth, Angel One Ltd
Below Quote On "Market Sentiments Quote" By Sneha Seth, Derivatives Research Analyst, Angel One Ltd We had a dull start for the day, but fresh buying was observed in the early morning trade to reclaim 45400. In absence of follow-up buying, the banking index consolidated for the remaining part of the day which was very much likely after a smart run seen in previous four trading sessions. Eventually, we settled the day in red tad below 45200. T...
Market Sentiments Quote : the banking index consolidated for the remaining part of the day By Mrs. Sneha Seth Angel One Ltd
Below are Views On February series began with lower open interest base By Mrs. Sneha Seth (Derivatives Analyst, Angel Broking) Market had a fabulous run in the previous three consecutive series. However, the January series concluded with some roller coaster move by shedding more than a percent. It was certainly a historical one as we saw Nifty hitting fresh record highs of 14753.55 in the latter half. Unfortunately markets failed to keep up the same momentum as the index corrected from the...
February series began with lower open interest base By Sneha Seth, Angel Broking
Below are Views On January series is an historical one as the benchmark index By Mrs. Sneha Seth (Derivatives Analyst, Angel Broking) January series is an historical one as the benchmark index clocking fresh record highs tad above 14750. However, in merely last four trading sessions all the gains during the series has been wiped-off. Today, we had a muted start but follow-up selling during the remaining part of the day led closing with a cut of almost a percent. Thro...
January series is an historical one as the benchmark index By Sneha Seth, Angel Broking
Below are Views On The Fear index surged 4%, stay light By Mrs. Sneha Seth (Derivatives Analyst, Angel Broking) We began the truncated week on an optimistic note, but these early morning gains were short lived as we saw sharp profit booking in the initial half an hour to drag index towards 14350. Post some consolidation in the midst, index resumed its down fall to plunge towards 14200. Eventually, index concluded the day with a cut of almost a percent to Friday’s close. ...
The Fear index surged 4%, stay light By Sneha Seth, Angel Broking
Below are Views On Stronger hands preferred exiting longs By Mrs. Sneha Seth (Derivatives Analyst, Angel Broking) “Post last two sessions strong upmove, we began the weekly expiry day on a cheerful note tad above 14700 mark amid positive global cues. As the day progressed, the benchmarked consolidated for initial few hours and then all of a sudden we witnessed a sharp sell-off to drag index towards 11500 mark. Eventually, due to some recovery in last few minu...
Stronger hands preferred exiting longs By Sneha Seth, Angel Broking
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