NIFTY: Nifty opened at 16113.75 with a gap up of 124 points. The index initially moved lower but soon finds support and bounced up. The index came close to its opening tick. Prices have found resistance there and then again turned down for a brief period. These ups…
View on market: Stay Cautious, be with quality business: Stocks in Asia caught a modest tailwind Friday from a US rally sparked by hopes that policy makers can get inflation under control without causing a global economic downturn. Shares advanced in Japan, South Korea and Australia. US equity…
NIFTY: Nifty opened at 15818.20 without much of a gap. Prices initially moved up but soon faces resistance and then turned down. The decline quickly finds support and bounced up. The index recorded its intraday low at 15800.90 and then started moving higher. The rally continued till afternoon…
View on market: Stay Cautious, be with quality business: Asian equities rose on Thursday amid fall in oil prices below $100 per barrel even as the minutes from the latest FOMC meeting highlighted the possibility of a 'more restrictive' monetary policy. Shares gained in Japan, South Korea and…
NIFTY: Nifty opened at 15909.15 with a gap up of 74 points. The index continued its bullish momentum and rallied further towards the resistance around the 16000 level. Prices then consolidated there for almost the whole afternoon and eventually broke on the downside after recording its intraday high…
July 5, 2022
Morning Outlook 5th July, 2022
NIFTY: Nifty opened at 15710.50 with a gap down of just 42 points. The index attempted to move higher but failed to do so and fell further for the first hour of trading. The index found support around 15650 and bounced up after recording its intraday low at…
View on market: Stay Cautious, be with quality business: Asian stocks opened with gains Tuesday as investors evaluate the possible scrapping of some US tariffs on Chinese consumer goods. The Nikkei, Topix, Kospi rose while S&P ASX 200 advanced. Japan and China are set to release PMI reading…
View on market: Stay Cautious, be with quality business: Asian stocks advanced on Monday, amid volatility in equity, bond, currency and commodity markets. Equities in Japan and Australian rose 1% each after a decline in S&P 500 and Nasdaq 100 contracts. The Wall Street ended in the green…
NIFTY: Nifty opened at 15703.70 with a gap down of 77 points. The index was initially consolidated and then turned down. Prices have seen a sharp decline of more than 200 points. moved up towards 15900 and faces resistance around this level. Prices have found an intraday support…