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Quote On Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd.
2024-11-26 05:07:21 pm

Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices, including the Sensex and Nifty, are expected to open on a strong positive note, with the GIFT Nifty indicating a 450-point increase, reflecting bullish market sentiment. However, caution remains warranted. On November 22, after a robust rebound in the previous session, Indian indices recorded their biggest single-day gains in over five months, driven by broa...

Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-11-25 09:23:09 am

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking On November 18, the Indian equity markets faced significant selling pressure for the seventh consecutive session, closing lower after a positive opening. The BSE Sensex declined by 241.30 points, or 0.31%, to end at 77,339.01, while the Nifty slipped by 78.90 points, settling at 23,453.80. Although the Nifty initially showed gains during the day, profit booking at higher levels erased ...

Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd.
2024-11-18 04:53:59 pm

Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices, including the Sensex and Nifty, are expected to open on a bearish note, continuing their ongoing correction phase for the sixth consecutive session. On November 14, the Nifty closed below the 23,550 mark, and today the GIFT Nifty indicates a 75-point decline, reflecting negative sentiment and suggesting caution in the market. Notably, the Nifty failed to sustain ...

Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-11-18 09:18:16 am

Below the quote on Post market comment by Mandar Bhojane, Research Analyst, Choice Broking The Indian equity markets ended in deep red for the fifth consecutive session on November 13, weighed down by inflation concerns and persistent selling pressure in metal stocks. The benchmark indices, Sensex and Nifty, declined as all 13 major sectoral indices closed lower, led by sharp declines in auto, banking, metal, PSU bank, media, and realty sectors, which fell by 2-3%. In the broa...

Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-11-13 05:41:23 pm

Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking The benchmark indices, Sensex and Nifty, are likely to open on a cautious note today, with GIFT Nifty signaling a potential 55-point dip for the broader market. Asian markets were trading lower on Wednesday, influenced by losses on Wall Street, where major indices closed down as investors booked profits from the recent postelection rally. U.S. inflation data, anticipated later this week...

Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-11-13 09:09:37 am

Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian stock markets, represented by the Sensex and Nifty 50, are anticipated to open flat today, November 12. Early trading in the GIFT Nifty shows levels around 24,224.5, suggesting a cautious start. Asian markets are showing mixed performances this Tuesday as investors remain wary. Meanwhile, in the U.S., Wall Street's key indexes surged to record highs on Monday, buoyed by st...

Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-11-12 09:27:31 am

Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking The benchmark indices, Sensex and Nifty, are expected to open in the red today, with GIFT Nifty indicating a potential 100-point decline for the broader market. The breakdown of the recent inside candlestick pattern suggests that the market is currently facing resistance around the 24,500 level. Nifty’s inability to hold above this threshold indicates that bullish momentum is weak...

Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-11-11 09:10:57 am

Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Ltd The benchmark indices Sensex and Nifty are expected to open in the red today, with GIFT Nifty indicating a potential decline of 95 points for the broader market. On November 6, Indian markets rallied for a second consecutive session, buoyed by investor optimism following Donald Trump’s victory in the U.S. presidential election. The Nifty crossed the 24,500 mark, with broad-...

Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Ltd

Source: Choice Broking Ltd
2024-11-07 09:06:40 am

Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Ltd Indian benchmark indices, Sensex and Nifty 50, are expected to open flat, influenced by cues from GIFT Nifty, which was trading around 24,275 earlier this morning. Nifty and Bank Nifty showed a strong recovery from lower levels, forming an inside candle pattern on the daily chart. If prices sustain above the 24,400 mark, this may confirm a bullish reversal, with the potential to ...

Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Ltd

Source: Choice Broking Ltd
2024-11-06 10:20:31 am

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking On November 5, Indian equity indices rebounded sharply, erasing prior session losses, with the Nifty closing near the 24,200 mark. At market close, the Sensex rose by 694.39 points (0.88%) to 79,476.63, while the Nifty gained 197.20 points (0.82%) to finish at 24,192.50. Nifty and Bank Nifty displayed a strong recovery from lower levels, forming an inside candle pattern on the daily...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-11-05 04:45:48 pm

Below the Quote on Post market comment Mandar Bhojane, Equity Research Analyst, Choice Broking At the close of trading today, the Sensex declined by 941.88 points, or 1.18%, settling at 78,782.24, while the Nifty fell by 314.00 points, or 1.29%, to end at 23,990.30. This downturn marks a significant correction for the Nifty, which has now dropped 2,460 points, reflecting a 9.37% decline from its lifetime high. The current market trend suggests a short-term corrective phase, ...

Quote on Post market comment Mandar Bhojane, Equity Research Analyst, Choice Broking

Source: Choice Broking Ltd
2024-11-04 04:57:17 pm

Below the Post market comment by Mandar Bhojane, Research Analyst, Choice Broking On October 28, Indian equity markets rebounded strongly, ending a five-day losing streak, with the Nifty inching closer to 24,500 intraday. Buying interest was seen across sectors, particularly in banking and metal stocks. At the close, the Sensex gained 602.75 points, or 0.76%, to settle at 80,005.04, while the Nifty rose by 158.35 points, or 0.65%, finishing at 24,339.15. On the daily char...

Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-10-28 05:57:30 pm

Below the Quote om Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking On October 23, the Nifty 50 Index closed at 24,435.50, down 36.60 points (-0.15%), while the Sensex also saw a decline, ending at 80,081.98 with a drop of 138.74 points (-0.17%). Technical indicators suggest short-term weakness, as the Index has continued its pattern of lower highs and lower lows, forming another bearish candle, which indicates a tightening of the bearish trend. The...

Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-10-23 06:11:23 pm

Nifty Weekly Outlook by Mandar Bhojane, Technical Analyst, Choice Broking

NIFTY Equity benchmark indices rebounded on Friday after three consecutive days of decline, driven by buying in banking, financial services, and metal stocks. However, the broader markets outperformed the benchmark indices. On October 18, the BSE Sensex closed 218.14 points higher at 81,224.75, after recovering more than 800 points from the day's low of 80,409.25. Meanwhile, the NSE Nifty rose by 104.20 points to settle at 24,854.05. Nifty broke the head-and-shoulders pattern today...

Nifty Weekly Outlook by Mandar Bhojane, Technical Analyst, Choice Broking

Source: Choice Broking Ltd
2024-10-19 04:27:01 pm

Below the Quote on Pre-Market Comment by Mandar Bhojane, Technical Analyst, Choice Broking Ltd The Indian benchmark indices, Sensex and Nifty 50, are expected to open flat on October 15, tracking cues from GIFT Nifty, which is trading around 25,233.50 with a loss of 30 points. Both Nifty and Bank Nifty are showing signs of a bullish reversal from key support levels, particularly their 50-day exponential moving average (EMA). A higher low pattern on the daily chart indicat...

Pre-Market Comment by Mandar Bhojane, Technical Analyst, Choice Broking Ltd

Source: Choice Broking Ltd
2024-10-15 10:07:54 am

Below the Quote om Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices broke a six-day losing streak and ended higher with Nifty closing above 25,000 on October 8. At close, the Sensex was up 584.81 points or 0.72% at 81,634.81, and the Nifty was up 217.40 points or 0.88% at 25,013.20. On the daily chart, Nifty closed higher above the 25,000 level and formed an inside bar candle with significant volume, indicating potential con...

Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-10-08 05:34:54 pm

Below the Quote on Nifty Weekly Outlook 05-10-2024 by Mandar Bhojane Technical Research Analyst Choice Broking The Indian equity markets concluded their fifth consecutive session in the red on October 4, with the Nifty closing around 25,000, down by 235.50 points or 0.93%. From its recent life-highs, the Nifty has corrected nearly 1,300 points, which represents a 5% drop. Notably, the index has broken below both the 20-day and 50-day exponential moving averages (EMA), ...

Quote on Nifty Weekly Outlook 05-10-2024 by Mandar Bhojane Technical Research Analyst Choice Broking

Source: Choice Broking
2024-10-05 05:37:40 pm

Below the Quote om Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking On October 1, Indian equity indices ended on a flat note following a volatile trading session. The Sensex closed 33.49 points lower, or 0.04%, at 84,266.29, while the Nifty declined by 13.90 points, or 0.05%, to settle at 25,796.90. On the daily chart, Nifty formed an inverted hammer candlestick pattern below the previous day's candle, indicating that the bulls are losing streng...

Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-10-01 04:35:52 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Technical Research Analyst, Choice Broking On September 30, Indian equity indices closed on a weak note, with the Nifty slipping below 25,850. The Sensex ended the session down 1,272.07 points, or 1.49%, at 84,299.78, while the Nifty shed 368.20 points, or 1.41%, to close at 25,810.80. The Nifty opened 117 points lower and continued to make a series of lower highs and lower lows on the intraday chart. On the daily ...

Post Market Comment by Mandar Bhojane, Technical Research Analyst, Choice Broking

Source: Choice Broking Ltd
2024-09-30 05:28:44 pm

Below the Quote on Post market comment by Mandar Bhojane, Research Analyst, Choice Broking The Nifty exhibited a positive performance on its weekly expiry and closed at all time high levels. Nifty has formed a shooting star candlestick pattern on daily charts indicating Profit booking from higher levels. Bank nifty also encountered volatility and managed to close above 53000 at 53037.60 a level which is also the 3rd best closing for Bank Nifty Index. The market has t...

Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd.
2024-09-19 04:13:56 pm

Below the Quote on Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking On the daily chart, the Nifty is taking support from a rising trend line and has formed a bearish candle. The Nifty has strong support near the 24,800 level. If it breaks this level, it could potentially correct down to 24,600 and 24,400 in the short term. On the flip side, 25,200 acts as a resistance level, and the price may remain sideways within a wide range of 24,800 to 25,200. ...

Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd.
2024-09-11 05:14:16 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking n September 9, Indian indices snapped a three-day losing streak and ended higher, with the Nifty closing around 24,950. At the close, the Sensex was up 375.61 points or 0.46 percent at 81,559.54, and the Nifty was up 84.20 points or 0.34 percent at 24,936.40. Nifty opened with a gap down but showed a strong reversal from the 24,750 level, forming a bullish candle on the daily chart....

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd
2024-09-09 05:32:59 pm

Below the Quote On Post market comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices ended flat in a range-bound trading session on September 3. At the close, the Sensex was down by 4.40 points, or 0.01 percent, at 82,555.44, while the Nifty was up by 1.10 points at 25,279.80. The Nifty has shown a strong bullish trend with 14 consecutive higher closes, forming higher highs and higher lows. On the daily chart, Nifty closed with an inside bar...

Quote On Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd.
2024-09-03 04:57:24 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Technical Analyst, Choice Broking Indian equity indices ended on a positive note with Nifty above 25,250 on September 2, led by IT, FMCG, and Banking names. At close, the Sensex was up 194.07 points or 0.24 percent at 82,559.84, and the Nifty was up 42.80 points or 0.17 percent at 25,278.70. At the start of September, Nifty has shown a strong bullish trend with 13 consecutive higher closes, forming higher highs and...

Post Market Comment by Mandar Bhojane, Technical Analyst, Choice Broking

Source: Choice Broking
2024-09-02 05:03:27 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian equity indices ended on a flat note amid volatility on August 26. At the close, the Sensex was up 13.65 points or 0.02 percent at 81,711.76, and the Nifty was up 7.20 points or 0.03 percent at 25,017.80. On the daily chart, Nifty formed a neutral candlestick pattern at its all-time high level, indicating indecision. Additionally, the formation of a double top pattern suggests...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-08-27 05:30:14 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian equity indices ended on a strong note with the Nifty reaching 25,000 on August 26. At the close, the Sensex was up 611.90 points or 0.75 percent at 81,698.11, and the Nifty was up 187.40 points or 0.75 percent at 25,010.60. The Nifty trading near its all-time high level and sustaining above 25,000 indicates that the strong bullish trend is likely to continue, with potential t...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-08-26 04:27:20 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian markets extended their winning streak for the third consecutive session on August 22, driven by broad-based buying across sectors, with the exception of IT and power. The BSE Sensex climbed 147.89 points or 0.18 percent to close at 81,053.19, while the Nifty gained 41.30 points or 0.17 percent to settle at 24,811.50. As investors look ahead, all eyes are on key economic indicators...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd
2024-08-22 04:50:54 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking The Indian benchmark indices ended higher in a volatile session on August 21. At the close, the Sensex was up 102.44 points, or 0.13 percent, at 80,905.30, and the Nifty was up 71.37 points, or 0.29 percent, at 24,770.20. The Nifty experienced a volatile trading session today. It opened on a positive note, remained above the 24,700 level, and closed in the green, up approximately 71...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-08-21 05:03:28 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking The Nifty witnessed a volatile trading session today. It opened on a positive note, sustained above the 24,600 level, and closed the day in the green, up approximately 126.2 points. On the daily charts, we observe that the Nifty has been in a recovery phase after testing the lower end of the channel. It has now reached the 24,900 – 25,050 zone, where resistance is present in the ...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-08-20 04:33:36 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices ended marginally lower in a highly volatile session on August 6, with the Nifty below 24,000. At close, the Sensex was down 125.84 points or 0.16 percent at 78,633.56, and the Nifty was down 63.05 points or 0.26 percent at 23,992.55. The Nifty opened with a gap up of 134 points due to global market influences, made a high of 24,382.6, and again bro...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-08-06 04:33:06 pm

Below the Quote on Post market comment by Mandar Bhojane, Research Analyst, Choice Broking On August 5, Indian benchmark indices shed more than 2.5 percent, with Nifty closing at 24,050. The Sensex was down by 2,222.55 points or 2.74 percent, settling at 78,759.40, and the Nifty was down by 662.10 points or 2.68 percent, closing at 24,055.60. Nifty opened with a huge gap down of 450 points due to global market influences, breaking the crucial 24,000 level and making a low...

Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-08-05 04:33:01 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking On August 1, Indian benchmark indices extended their gains for the fifth consecutive session. The Sensex closed up 126.21 points or 0.15 percent at 81,867.55, while the Nifty rose by 59.70 points or 0.24 percent to settle at 25,010.90. The Nifty breached the 25,000 mark for the first time, peaking at 25,078.30 before encountering significant selling pressure at these record levels. ...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-08-01 04:15:45 pm

Below the Comment on Nifty@25000 by Mandar Bhojane, Equity Research Analyst, Choice Broking Nifty has hit the 25,000 mark for the first time, reaching a high of 25,078.30 before experiencing sharp selling at these all-time high levels. The 24,950 level is expected to act as immediate support. If the price closes above the 25,000 level, it could further rise to the 25,200 and 25,400 levels. Every dip presents a buying opportunity, especially near the 24,800 and 24,600 levels....

Comment on Nifty@25000 by Mandar Bhojane, Equity Research Analyst, Choice Broking

Source: Choice Broking Ltd
2024-08-01 03:13:01 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices ended higher for the fourth straight session on July 31, with the Nifty closing at 24,950. At the close, the Sensex was up 285.94 points or 0.35 percent at 81,741.34, and the Nifty was up 93.90 points or 0.38 percent at 24,951.20. After a flat to positive opening, the Nifty broke its intraday sideways range at the 24,950 level and finally settled at 24,979.3...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-07-31 04:49:18 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices ended marginally higher in a volatile session on July 30. At the close, the Sensex was up by 99.56 points or 0.12 percent, at 81,455.40, and the Nifty was up by 21.20 points or 0.09 percent, at 24,857.30. After a flat opening, the Nifty reached a high of 24,971.75 but fell 133 points from the day's high in the last hour to settle at 24,857.30. If the ind...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking Ltd
2024-07-30 04:21:02 pm

Below the Quote on Post market comment by Mandar Bhojane, Research Analyst, Choice Broking On the daily chart, after a gap-up opening, Nifty made a new record high near the 25,000 level, fell 225 points from the day's high, and finally settled at 24,836.10. If the index manages to close above the 24,960 level, it could reach new all-time highs with targets of 25,400 and 25,500 in the coming days. On the flip side, 24,700 and 24,600 act as immediate support. The India ...

Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-07-29 04:59:09 pm

Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking The Nifty exhibited a flat to negative performance with high volatility throughout the day. Nifty has formed a neutral candlestick pattern on daily charts indicating indecisive candle. Bank nifty also encountered volatility but closed negative for the day at 51317.00 levels. The market has traded negative with the Sensex losing 0.35 percent and closed at 80148.88 and Nifty was negat...

Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-07-24 04:30:46 pm

Below the Quote on Post-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking Indian benchmark indices ended marginally lower in a volatile session on July 23. At the close, the Sensex was down 73.04 points or 0.09 percent at 80,429.04, and the Nifty was down 30.30 points or 0.12 percent at 24,479.00. On Budget day, the Nifty fell almost 500 points from its day high. However, post-budget, the Nifty recovered 470 points from its day low, indicating ...

Post-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking

Source: Choice Broking
2024-07-23 04:35:31 pm