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Morning Nifty and Derivative comments 06 September 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 06 September 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  We have reached the upper extremity of a one month trading range in less than four days, explaining the resistance to upsides yesterday. Though upside momentum persists, entry into the 19580-630 region could attract rejection trades again, which now stands in the way of achieving our target of 19790. Yet, we ...
Morning Nifty and Derivative comments 06 September 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 06 September 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
6/09/2023 10:35:51 AM
Morning Nifty and Derivative comments 05 September 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 05 September 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The 19540 target that we had set out with last week having achieved, the prospects of a pull back need to be weighed, even as we remain optimistic about the extended target of 19790. Expect buying interest to surface initially on dips to 19496, but repeated inability to scale 19536/45 region on the bounce cou...
Morning Nifty and Derivative comments 05 September 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 05 September 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
5/09/2023 10:00:07 AM
Morning Nifty and Derivative comments 04 September 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 04 September 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The proximity of congestion resistance at 19480-500 raises fears of rejection trades again. However, the steepness of the Friday’s rise, as well as the decline in VIX to levels last seen when Nifty was at 19600, encourages us to persist with upsides, with the near term objective extended to 19790. Downs...
Morning Nifty and Derivative comments 04 September 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 04 September 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
4/09/2023 10:06:05 AM
Morning Nifty and Derivative comments 1 September 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 1 September 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The recovery swing higher in the closing hour raises feeble hopes towards upsides, whose prospects will depend on ability to float above 19293. Alternatively, direct fall below 19265 will again rekindle fears of 18800 or 18300, but the prospects of an outright collapse look limited. Intermediate support is see...
Morning Nifty and Derivative comments 1 September 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 1 September 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
1/09/2023 9:58:55 AM
Morning Nifty and Derivative comments 30 August 2023 By Anand James, Geojit Financial Services Below On Morning Nifty and Derivative comments 30 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Instead of the swings anticipated on either sides of 19311, Nifty stayed afloat this level through the day, prompting us to remain positive of seeing 19540, despite the repeated failure to breach the 19370 mark, which was pencilled in as an upside confirmation point. Downside markers could continue to be at...
Morning Nifty and Derivative comments 30 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 30 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
30/08/2023 10:28:29 AM
Morning Nifty and Derivative comments 29 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 29 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  We had begun this week on a positive stance having ruled out a full blown collapse, despite last week being on slippery slope. While yesterday closed on a selling note, there was enough resilience on show to keep upside hopes alive. While downside markers will remain at either 19250 or 19170, we will look forwar...
Morning Nifty and Derivative comments 29 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 29 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
29/08/2023 12:26:03 PM
Morning Nifty and Derivative comments 28 August 2023 By Anand James, Geojit Financial Services Below On Morning Nifty and Derivative comments 28 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The prospects of 19060-18900 or even 18600-18300, as the downside objectives, were reconfirmed on Friday, with a weekly close below the 50 SMA. But as hoped, the 19250 did attract upside attempts, despite appearing weak. This presents chances of late recovery in a trend that is on a slippery slope. Upside h...
Morning Nifty and Derivative comments 28 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 28 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
28/08/2023 10:06:21 AM
Morning Nifty and Derivative comments 25 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 25 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Rejection trades emerged as feared, on reaching the extended target of 19570 yesterday. The surprising depth of the pull back has renewed the prospects of 19060-18900 or even 18600-18300, as the downside objectives, but we pin our hopes on the 19280 region to step in and offer bargain buying support today. A dir...
Morning Nifty and Derivative comments 25 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 25 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
25/08/2023 9:34:36 AM
Morning Nifty and Derivative comments 23 August 2023 By Anand James, Geojit Financial Services Below On Morning Nifty and Derivative comments 23 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The pull back that unfolded after initial momentum waned off, found support from the 19371-57 region pencilled in yesterday as critical to further upsides. This encourages us to continue playing for 19460- 520. Else, expect bears to begin dominating, eying previously projected objectives of 19258 and 19060-...
Morning Nifty and Derivative comments 23 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 23 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
23/08/2023 10:05:50 AM
Morning Nifty and Derivative comments 22 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 22 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The bounce off the 50dma in the last few days encouraged a push beyond the critical 19346-377 region yesterday, pointing to bullish undercurrents. Plenty of resistances ahead shall ensure that it will not be an easy rise though, as evidenced by last hour selling from the top. Yet, we may play for a 19460-520 mov...
Morning Nifty and Derivative comments 22 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 22 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
22/08/2023 11:10:48 AM
Morning Nifty and Derivative comments 21 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 21 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The downside trajectory that we have been playing for during the last week, found several reversal attempts from the 19300 vicinity. This appears weak though, and would require a pull back above 19346-377 region for gaining momentum. That said, the prospects of an outright collapse look limited though, given sub...
Morning Nifty and Derivative comments 21 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 21 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
21/08/2023 10:29:24 AM
Morning Nifty and Derivative comments 18 August 2023 By Anand James, Geojit Financial Services Below On Morning Nifty and Derivative comments 18 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Despite sustained efforts to attempt upsides, last few days have ended either with lower highs, or lower lows, pointing at the underlying bearishness. Thus with the downside objectives of 19258, 19060-18900 or even 18600, firmly in play, we would require a close back above 19300 to signal prospects of rever...
Morning Nifty and Derivative comments 18 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 18 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
18/08/2023 10:15:11 AM
Morning Nifty and Derivative comments 17 August 2023 By Anand James, Geojit Financial Services Below On Morning Nifty and Derivative comments 17 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The pull back above 19386 yesterday, after the initial scare, effectively arrested a down move that could have potentially evolved into a major fall. However the recovery move was timed out and thus failed to close above 19460 region leaving us again without an upside confirmation, just as Monday. The green...
Morning Nifty and Derivative comments 17 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 17 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
17/08/2023 10:10:14 AM
Morning Nifty and Derivative comments 16 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 16 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  While Monday’s smart recovery was encouraging, inability to push beyond 19460 has left us without an upside confirmation. We may however, scout for bargain buying until above 19386, supported by the hammer formation which allows upside hopes to remain, aiming 19520-670. Alternatively, should we fall below ...
Morning Nifty and Derivative comments 16 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 16 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
16/08/2023 11:23:18 AM
Morning Nifty and Derivative comments 11 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 11 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The 19500 region came to the rescue again, but 19600 was equally ready to discourage all upside attempts. There is now enough time spent inside this region, to make these breakout levels, but with 19450 and 19670 offering additional reinforcements on either side. Favoured view expects bias to strengthen in favou...
Morning Nifty and Derivative comments 11 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 11 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
11/08/2023 10:26:41 AM
Morning Nifty and Derivative comments 10 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 07 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  The 19500 region helped the bulls regroup yesterday on anticipated lines, but the upswing thereof failed to muster enough momentum to clear 19670, identified as an important challenge when we first spotted the relief rally on Thursday. Expect opening moves to mirror that of yesterday, with downward bias dom...
Morning Nifty and Derivative comments 10 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 10 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
10/08/2023 10:02:58 AM
Morning Nifty and Derivative comments 08 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 08 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  The pause near 19620 is very much on anticipated lines, but the patterns thereof have hardly showed any reversal signs as such. In other words, while 19620 appears as an uptrend killer as previously pencilled in, there are enough signals to play for continuation of ongoing uptrend. We prefer to negotia...
Morning Nifty and Derivative comments 08 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 08 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
8/08/2023 10:40:32 AM
Morning Nifty and Derivative comments 07 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 07 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Ideally, the ongoing relief rallies should aim for 19740s again. However, as maintained on Friday, the prospects of a regrouping of bears is also equally likely if not higher. Yet, we are inclined to stick with upswings, with an eye on 19600-620-670, from where distribution is likely to resurface. Once clear of these...
Morning Nifty and Derivative comments 07 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 07 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
7/08/2023 10:34:48 AM
Morning Nifty and Derivative comments 04 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 04 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:   Yesterday, we had pencilled in 19280-19119-18900 as the support region that the ongoing down moves could aim for. Incidentally, the day’s carnage stopped just short of 19280, paving way for a retracement. Upside attempts today need to ensure that 19380 is intact, but expect 19415-450 also to be ...
Morning Nifty and Derivative comments 04 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 04 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
4/08/2023 9:33:15 AM
Morning Nifty and Derivative comments 02 August 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 02 August 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The 19800 region, a break of which we were looking for inorder to play a flag breakout, remained firm, turning down upside attempts. Fortunately, the slippages thereon were restricted to 19720, the downside pivot pencilled in yesterday, retaining the 20600 trajectory. However, inability to float above 19745 earl...
Morning Nifty and Derivative comments 02 August 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 02 August 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
2/08/2023 10:18:22 AM
Market rally is stretching valuations beyond comfort levels, say analysts The Sensex is now trading at 25 times trailing one-year earnings. It is important to note that the rally is driven by PE expansion, not commensurate earnings growth, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The resilience of the US market, where the rally is spreading to the broader market, is supporting global markets. But the rally is stretching valuations beyond comfort levels, he said. The FY 24 Q1 earnings growth is muted except in banking an...
Market rally is stretching valuations beyond comfort levels, say analysts
Market rally is stretching valuations beyond comfort levels, say analysts
Source: IANS
1/08/2023 11:22:39 AM
Morning Nifty and Derivative comments 28 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 28 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Despite a positive opening, inability to convincingly breach the upper boundary of the 19770-840 band, which we had marked down as pivotal region, led to a liquidation spree that stretched through the day, until 19620 stepped in to arrest further free fall. The swing thereof and a close near 19700 encourages us to...
Morning Nifty and Derivative comments 28 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 28 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
28/07/2023 10:32:48 AM
Morning Nifty and Derivative comments 27 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 27 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Though the reversal unfolded on anticipated lines, the pause inside the pivotal region of 19770-840 lends a neutral bias for opening today. Slippage if any, would have to be restricted above 19730 for ongoing upswings to retain momentum, while we would still require a break of 19840 to keep sight on the 20160 obje...
Morning Nifty and Derivative comments 27 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 27 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
27/07/2023 10:21:28 AM
Morning Nifty and Derivative comments 26 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 26 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  As maintained in the last two days, reclaiming of 19770-840 region is critical for Nifty towards resuming the 20160 trajectory. Until then, Nifty could continue show tendencies to resume the ongoing slide with eyes on 19460. However, fall in VIX as well as a hammer candlestick pattern formed yesterday, raises the ...
Morning Nifty and Derivative comments 26 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 26 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
26/07/2023 10:20:09 AM
Morning Nifty and Derivative comments 24 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 24 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Though Friday saw a close below VWAP, we are inclined to attach more importance to how the 10D SMA stepped in to arrest the sharp falls. This encourages us to expect Nifty recouping all of Friday’s loss and aim for 20160. Alternatively, inability to float above 19770-840 region, or a direct fall past 19700 c...
Morning Nifty and Derivative comments 24 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 24 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
24/07/2023 10:48:23 AM
Morning Nifty and Derivative comments 21 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 21 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Nifty breezed past the 19950 objective lined up yesterday, with no visible signs of exhaustion yet. The only possible signs of vulnerability is that the last 200 point ascent has unfolded without as much volume as that seen around 19770. We will play this construct by maintaining an upside view, as long as dips ar...
Morning Nifty and Derivative comments 21 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 21 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
21/07/2023 11:54:08 AM
Morning Nifty and Derivative comments 19 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 19 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  Bears remained dominant for most part, but the bulls managed larger strides, even though they were restricted to the opening as well as the closing hour. This also meant that the bearish objectives were under achieved. Formation of a weak hammer pattern in the daily periodicity allows bears to stay close...
Morning Nifty and Derivative comments 19 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 19 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
19/07/2023 10:00:25 AM
Morning Nifty and Derivative comments 18 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 18 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Even as bullish continuation patterns keep upside prospects alive, hourly charts have started to signal prospects of a swing lower. Inability to float above 19700 early in the day, should see Nifty slipping towards 19668 or 19620, with 19460 as the first landing point, should downsides gain momentum. We would now ...
Morning Nifty and Derivative comments 18 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 18 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
18/07/2023 10:03:38 AM
Technical quote on Nifty IT Index from Anand James, Geojit Financial Services Below the Technical quote on Nifty IT Index from Anand James, Chief Market Strategist at Geojit Financial Services   The Nifty IT index is very close to its nearest peak, and so is TCS. Since TCS constitutes a little above 25% to the IT index. Both their price patterns since 2020 not being dissimilar, there is the question of potential bullish exhaustion creeping in, given the steep rise in a short period. However, IT index is coming off a long period of underperform...
Technical quote on Nifty IT Index from Anand James, Geojit Financial Services
Technical quote on Nifty IT Index from Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
17/07/2023 5:24:22 PM
Morning Nifty and Derivative comments 14 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 14 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  While the push past 19500 failed to attract upside momentum, the slippages held above 19380, restraining the downside momentum as well. And, despite all this volatility, the close back above 19420, identified yesterday as the key pivot, tilts the bias in favour of upsides. Look to play upsides with trade...
Morning Nifty and Derivative comments 14 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 14 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
14/07/2023 10:31:32 AM
Morning Nifty and Derivative comments 12 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 12 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  Yet another shooting star candlestick formation tilts bias towards downsides. However, given how Nifty has swung on either sides of key pivots 19380, indecision is high, even though low VIX has kept the ranges narrow. Hence we would go in today, looking to play directional moves only if beyond 19500-300 ...
Morning Nifty and Derivative comments 12 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 12 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
12/07/2023 10:45:33 AM
Morning Nifty and Derivative comments 11 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 11 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  Nifty swung on either sides of 19380, the key pivot discussed yesterday, without giving any directional cues. This was not expected, with opening burst negating almost all of the negative vibes that Friday attempted to bring forward. However, we feel that the 19660 view now needs to be played on only on ...
Morning Nifty and Derivative comments 11 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 11 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
11/07/2023 10:13:42 AM
Market Watch: IPOs and new listings to keep markets busy Says Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 10 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Last week registering the first shooting star candle since the recent uptrend began in March 2023 compels us to begin the week with expectation of a correction, with eyes on 18900 as the nearest objective. Alternatively, pull back above 19380, will force us to wait for a push towards 19660 before reconsidering the...
Market Watch: IPOs and new listings to keep markets busy Says Anand James, Geojit Financial Services
Market Watch: IPOs and new listings to keep markets busy Says Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
10/07/2023 10:36:48 AM
Morning Nifty and Derivative comments 07 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 14 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  Nifty broke above the recent range yesterday and even pushed beyond 19479, our upside reversal point. Yet, the loss in momentum thereof, alongside a rise in VIX encourages us to pursue the bearish signals that Nifty had given out early in the week. However, expect positivity to linger on, if slippages do...
Morning Nifty and Derivative comments 07 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 07 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
7/07/2023 10:49:48 AM
Morning Nifty and Derivative comments 06 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 06 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  Several downside attempts unfolded on anticipated lines, but none of them attained the momentum required to go all the way to our objective of 19125. The consequent pull back thereof lends a neutral bias to start with, today, but we are inclined to pursue the downside prospects as indicated by the spinni...
Morning Nifty and Derivative comments 06 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 06 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
6/07/2023 9:51:45 AM
Morning Nifty and Derivative comments 05 July 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 05 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  Bulls and bears exchanged blows, underscoring the even footing that we discussed yesterday. And yet, we will start the day with prevailing uptrend’s momentum attempting to dominate early in the day, while above 19377. However, yesterday’s spinning top elevates the chances of a sizeable downsi...
Morning Nifty and Derivative comments 05 July 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 05 July 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
5/07/2023 10:10:24 AM
Market Watch: Yet, momentum favours upsides which encourages us to look for 19394 today Says Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 04 July 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  A brief downswing and consolidation thereof yesterday positions bulls and bears more evenly than earlier. Yet, momentum favours upsides which encourages us to look for 19394 today. Alternatively, slippage past 19300 will have to be seen as initial signs of weakness, but we will wait for a fall below 19350 to play ...
Market Watch: Yet, momentum favours upsides which encourages us to look for 19394 today Says Anand James, Geojit Financial Services
Market Watch: Yet, momentum favours upsides which encourages us to look for 19394 today Says Anand James, Geojit Financial Services
Source: Geojit Financial Services
4/07/2023 10:38:21 AM
Market Watch: Nifty look for fresh cues to close the week on a high Says Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 30 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Despite the pull back following a brief foray above 19000, the close above the upper Bollinger band signals range expansion and an upside gapped opening today. However, as maintained earlier, visibility past 19070- 19200 is limited at this point. Towards this end, we would be watchful of formation of exhaustion ca...
Market Watch: Nifty look for fresh cues to close the week on a high Says Anand James, Geojit Financial Services
Market Watch: Nifty look for fresh cues to close the week on a high Says Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
30/06/2023 10:35:34 AM
Market Watch: Tech stocks lead rebound in US Says Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 28 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Look to enter longs on dips to 18786 with eyes on 19000 as the immediate objective, though there is a fair chance of 18887 to attempt a pause, yet again. Alternatively, slippage past 18767 would render the trend sideways, with remote chances of a collapse.   Derivative: Nifty weekly contract has high...
Market Watch: Tech stocks lead rebound in US Says Anand James, Geojit Financial Services
Market Watch: Tech stocks lead rebound in US Says Anand James, Geojit Financial Services
Source: Geojit Financial Services
28/06/2023 9:54:01 AM
Market Watch: Buzzing IPOs aim to mop up 1600 crores Says Anand James, Geojit Financial Services. Views On Morning Nifty and Derivative comments 26 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Bear grip may ease initially in the face of strength expected from the 18630-600 region. Expect 18720 or 18767 to resist initial upside attempts though. This would be the 100 point trading range that could decide the fate of directional moves for the rest of the week, that is likely to open with a positive bias. ...
Market Watch: Buzzing IPOs aim to mop up 1600 crores Says Anand James, Geojit Financial Services.
Market Watch: Buzzing IPOs aim to mop up 1600 crores Says Anand James, Geojit Financial Services.
Source: Geojit Financial Services
26/06/2023 10:04:13 AM
Market Watch: New peak eludes Nifty. Asia points to a soft opening Says Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 23 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Expect a pull back attempt early in the day as long as 18760 holds, but favoured view expects such rise to be met with selling pressure as long as atleast the downside objective of 18700 is met. We would now wait for deeper dips or a direct rise above 18870 to initiate longs.   Derivative: Nifty week...
Market Watch: New peak eludes Nifty. Asia points to a soft opening Says Anand James, Geojit Financial Services
Market Watch: New peak eludes Nifty. Asia points to a soft opening Says Anand James, Geojit Financial Services
Source: Geojit Financial Services
23/06/2023 10:04:33 AM
Morning Nifty and Derivative comments 22 June 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 22 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:  While we had gone in with positive expectations in the last two days, encouraging us to keep buying into dips, we feel it is time for the trend to show its strength. Else, wilt. We prefer to either stay away, or buy into rallies above 18870, while being prepared to come off longs, if unable to float abov...
Morning Nifty and Derivative comments 22 June 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 22 June 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
22/06/2023 10:13:51 AM
Market Watch: Momentum in Nifty`s favour. Record peak in cross hair again Says Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 21 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  Though early loss in confidence dragged Nifty lower initially, the 18820 objective was duly achieved during the recovery push in the closing hour. While we had gone in yesterday, ruling out directional moves on either side, we will start today with bias tilted towards upsides, as long as 18775 holds, with 19000-19070 a...
Market Watch: Momentum in Nifty`s favour. Record peak in cross hair again Says Anand James, Geojit Financial Services
Market Watch: Momentum in Nifty`s favour. Record peak in cross hair again Says Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
21/06/2023 10:10:16 AM
Market Watch: US on holiday; Nifty sets eyes on a new peak Says Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 14 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:   We shall begin the week with hopes of seeing 18770 intact, so that 19000-19070 objective may be eyed as a base case scenario and 19200 as an optimistic case. Alternatively, an outright fall back below 18770 will force us to rethink the upside prospects, though a plunge is less likely.   Derivative: ...
Market Watch: US on holiday; Nifty sets eyes on a new peak Says Anand James, Geojit Financial Services
Market Watch: US on holiday; Nifty sets eyes on a new peak Says Anand James, Geojit Financial Services
Source: Geojit Financial Services
19/06/2023 10:05:11 AM
Morning Nifty and Derivative comments 15 June 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 15 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:   Expect consolidation in the 18740 vicinity with eyes on 18887-19000-19070, but a vertical upside is less expected. While downside attempts are likely to be curbed at 18708 initially, it might give away, should it be attacked in the second half, exposing 18600.   Derivative: Nifty week...
Morning Nifty and Derivative comments 15 June 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 15 June 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
15/06/2023 10:07:17 AM
Morning Nifty and Derivative comments 14 June 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 14 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:   Last few days’ consolidation as well as slow pace of ascent may have acted as a bear trap. This should give more legs to the upmove, which now threatens to breach the record peak at 18887, with 19000-19070 also eyed in the next sprint. But key play today tomorrow would be about protecting downside...
Morning Nifty and Derivative comments 14 June 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 14 June 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
14/06/2023 10:33:00 AM
Morning Nifty and Derivative comments 13 June 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 13 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:   Nifty played around 18595 for most part of yesterday, giving little insights as to the directional bias, with several event risks lined up ahead. Meanwhile, it was noteworthy that while downswings were sizable and few, upswings were several and small. While this lends a neutral bias for now, it also allows for ...
Morning Nifty and Derivative comments 13 June 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 13 June 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
13/06/2023 10:52:08 AM
Morning Nifty and Derivative comments 12 June 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 09 June 2023 by Anand James - Chief Market Strategist at Geojit Financial Services   Nifty outlook:   Rejection trades evolved precisely from 18676, as feared, but luckily the dips below 18595 did not lead to a collapse as such. This encourages us to play for a pull back, should we see Nifty floating above 18595 early in the day. Directional trades will have to wait for 18720 to be cleared through. Alte...
Morning Nifty and Derivative comments 12 June 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 12 June 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
12/06/2023 10:14:35 AM