Indian benchmark stock indices, the Sensex and the Nifty have been consolidating for the last seven weeks; Will the RBI jumbo rate cut trigger an upside breakout? Here's what the charts say.
Nifty trading strategy: With a likely trading range mentioned above for the coming week, a Short Strangle strategy could be an effective way to capitalize on expected consolidation
Stocks with the sharpest EPS downgrades included IndusInd Bank, Adani Enterprises, Eicher Motors, ONGC, and Tata Motors, according to JM Financial
Foreign Institutional Investors long-short ratio in index futures now stands at the lowest point in two months; implying the presence of 5 sell-side bets for every long position, shows NSE F&O data.
The Nifty has hit a new high in each of 5 occasions post formation of 'Golden Cross' on the daily chart since 2019, clocking an average gain of 24.4%; shows historical study.
Stock Market Outlook: The valuations of the Indian market and of most sectors and stocks are quite rich and well above fair values, cautioned Sanjeev Prasad of Kotak Institutional Equities
Weekly Market Outlook: The BSE Sensex may trade in the 80,600 - 82,300 range this week, the BSE benchmark could surge to 83,770 levels in June; suggests technical chart.
Stocks to Buy Today, May 28: Cholamandalam Investment stock has formed a bullish 'cup and handle pattern' near the all-time high zones, suggesting upside
Nifty Trading Strategy, May 28: Nifty share price has been finding it difficult to cross the 25,116-resistance and continues to remain choppy. Among stocks, MOIL, Crompton Greaves look bullish
Stock market weekly outlook: Technical charts indicate that the bias for the Sensex and Nifty is likely to remain positive as long as the indices sustain above 80,250 and 24,380, respectively.
F&O market cues: FIIs hold nearly 2 short positions in index futures for every long trade; DIIs net sold over 34,000 contracts in the last 2 days, shows NSE data.
Weekly Market Outlook for May 19 - 23, 2025: The BSE Sensex is likely to trade with a positive bias this week as long as it holds above 81,550. Check key support, resistance and target levels here.
Technically, the Nifty 50 index is seen quoting above key moving averages across time-frames, which is a bullish sign. Here are the key support and resistance levels to watch out for on the index.
Nifty share price: Nifty has formed a bearish candle on the daily frame and has formed higher lows over the last two trading sessions
Vinay Rajani of HDFC Securities picks two stocks to buy today, and shares Nifty outlook in near-term
From a technical breakout to historical trend; here's what technical analysts across brokerages say after Nifty logs its best-ever single-day rally.
Weekly market outlook, May 12 - 16, 2025: Key momentum oscillators on the daily and weekly technical charts indicate a mixed outlook for the BSE Sensex and the NSE Nifty in the near-term.
The Nifty has near-support at 24,200, below which the key support will be the 200-DMA at 24,050 levels, shows the technical chart.
Weekly market outlook, May 5 - 9, 2025: Sensex and Nifty seem favourably placed on charts; however, key momentum oscillators are showing signs of tiring out, hence an interim dip cannot be ruled out.
The NSE Nifty has been struggling below its weekly trend line resistance since October 25, 2024; a breakout can potentially trigger a 6 per cent rally on the index, suggests technical charts.