NIFTY: The NIFTY opened at 19232.95 with a gap up of 92 points. Prices could not sustain at the higher levels and started drifting downwards sharply from its opening tick. The gap was filled quickly and prices have continued sliding lower but found support in the afternoon. Prices…
NIFTY: The NIFTY opened at 19053.40 without much of a gap. Prices have initially moved lower and saw a sharp decline but found support quickly and bounced up. The index recorded its intraday low at 18940 and started a V-shaped reversal. A rally started which lasted till the…
NIFTY: The NIFTY opened at 18928.75 with a big gap up of 71 points. The index continued its early morning bullish movement and started moving higher from its opening tick. Prices have recorded its intraday low at 18926.65 just below the opening tick in its initial trades and…
NIFTY: The NIFTY opened at 19027.25 with a gap down of 95 points. The index continued its prevailing downward move and started sliding sharply from its opening tick. Nifty Watch The Micro Picture. The decline continued till the afternoon and then prices started finding support around 18850. The…
NIFTY: The NIFTY opened at 19286.45 with a gap up of just 5 points. Initially, prices moved higher for about one hour and then took a V-shaped reversal after recording its intraday high at 19347.30. Prices have seen a sharp intraday decline and broken below 19250. The index…
October 25, 2023
SHARP INTRADAY DECLINE, BROKEN DOWN ITS SUPPORT LEVELS DECISIVELY
NIFTY: The NIFTY opened at 19521.60 with a gap down of just 21 points. Initially, prices moved sideways for about one hour and then broke it on the downside after recording its intraday high at 19556.85. Prices have slowly moved downward and then again started a consolidation process…
NIFTY: The NIFTY opened at 19542.15 with a big gap down of 82 points. The Index bounced up quickly after recording its intraday low at 19815.70 in its initial trades and filled the gap. However, the rally could not last long and the index turned down after recording…
NIFTY: The NIFTY opened at 19545.20 with a big gap down of 126 points. The index continued drifting downwards but soon found support and bounced up sharply. Prices have recorded its intraday low at 19512.35, rallied higher over 150 points, and filled the entire gap. However, prices could…
NIFTY: The NIFTY opened at 19820.45 without much of a gap. The index initially moved down but quickly bounced and came into positive territory but could not last long there and drifted downwards. Prices recorded its intraday high at 19840.95, saw a sharp down move till the afternoon,…
NIFTY: The NIFTY opened at 19843.20 with a big gap up of 112 points. The index could not sustain at the higher levels and saw a sharp dip for the first five minutes of trading. Prices then started moving sideways inside a narrow range which eventually broke on…