Below the Quote on Mid-market comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Yesterday, NIFTY opened with a strong gap-up, comfortably trading above the 24,500 mark, where it consolidated its gains and sustained its winning momentum. Looking ahead, we expect NIFTY to maintain a positive bias, aiming for the 24,750 level, with immediate support anticipated at 24,500.
Meanwhile, Bank NIFTY had a volatile session but ultimately closed...
Mid-market comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Nifty showed strength throughout yesterday, consistently holding the support level of 24,300. Our outlook for Nifty remains positive, anticipating a move towards the 24,550-24,600 range. On the downside, 24,300 is expected to serve as a major support area.
In contrast, Bank Nifty continued to underperform relative to Nifty. For today's weekly expiry, we expect B...
Mid Market Comment by Mr Shrey Jain Founder and CEO SAS Online - India`s Deep Discount Broker
Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Amidst strong buying from domestic institutions, the market continues to hit record highs with Nifty holding steady above 24,100 levels. Gift Nifty signals a gap-up opening near 24,300 levels. Today, we expect select heavyweight banking stocks to lead, potentially pushing Nifty towards 24,350 to 24,400 levels. According to option data, the 24,500 Call strike ...
Mid Market Comment by Mr Shrey Jain Founder and CEO SAS Online - India`s Deep Discount Broker
Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
In the current leg of the market upswing, the Nifty has reached a fresh all-time high of 23,750, driven by gains in private banking stocks. Today, we expect the momentum to continue, targeting levels between 23,900 and 24,000. On the downside, 23,500 is anticipated to provide support.
Bank Nifty continues to lead the way for Nifty. For today’s mont...
Mid Market Comment by Mr Shrey Jain Founder and CEO SAS Online - India`s Deep Discount Broker
Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Nifty closed well yesterday and is expected to remain strong as long as it stays above 23,500. Similarly, Bank Nifty is also looking strong as long as it holds above 51,300.
Today, Bank Nifty is likely to trade within the broader range of 51,500 to 52,000. Like Nifty, we maintain a positive outlook for Bank Nifty, anticipating private banks to drive the mo...
Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
The positive trend remains strong with Nifty trading above 23,500 and Bank Nifty above 49,500. We expect this positive bias will continue. From the data, the 23,800 Call strike for Nifty has significant open interest (OI) of approximately 42 lakh shares, while the 23,400 Put strike holds substantial OI of around 56 lakh shares, with 23,400 expected to serve a...
Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder & CEO SAS Online - India's Deep Discount Broker
Yesterday, Nifty tested the 23,100 level but failed to maintain its gains and ended flat. Today, we expect Nifty to consolidate around the 23,000 level, as both the 23,000 Call and Put options have substantial open interest. Specifically, the 23,000 Call strike has significant open interest of approximately 64 lakh shares, while the 23,000 Put strike holds ...
Mid Market Comment by Mr Shrey Jain, Founder & CEO SAS Online - India's Deep Discount Broker
Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Yesterday, Nifty saw a significant recovery from its intraday low and closed above the 22,100 level. For today, the 22,300 Call strike has considerable open interest (OI), likely serving as an immediate resistance area. On the downside, the 22,000 level is expected to act as support. Specifically, the 22,300 Call strike has notable OI of approximately 96 lakh...
Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
Below the Quote on Post-market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
After five consecutive days of declines, both the Sensex and the Nifty 50 rebounded into positive territory, with the Sensex closing 260 points, or 0.36 per cent, higher at 72,664.47, and the Nifty 50 finishing 98 points, or 0.44 per cent, up at 22,055.20.
Despite today's uptick, the gains weren't sufficient to offset the losses accumulated over t...
Post Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Below the Quote on Market Closing Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
The Sensex experienced a decline of 383.69 points, marking a 0.52 percent decrease, settling at 73,511.85, while the Nifty saw a downturn of 143.95 points, equating to a 0.62 percent drop, closing at 22,298.75. The midcap and smallcap segments experienced substantial declines, with both the BSE Midcap index and the BSE Smallcap index falling by nearly 2 p...
Market Closing Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker