Tag: Market Edge

The Nifty50 rebounded on September 13 after a day of correction, closing above the psychological 20,000-mark for the first time. The index formed a bullish candlestick pattern on the daily charts, with the immediate support placed at 19,950 levels. The Bank Nifty also bounced back after seeing correction in previous session, and closed at 45,909, rising 398 points.

the market is expected to remain volatile in the coming sessions, but the long-term outlook is positive. Investors should focus on stocks with good fundamentals and technicals, and they should avoid overtrading.

The Nifty50 saw a minor reversal on Tuesday, closing with a loss of 3 points. Experts said that a decline below 19,850 levels could confirm a short-term top reversal pattern. Bank Nifty also saw profit-taking, closing with a loss of 59 points.

The Indian stock market opened in the green on September 12, but the broader markets witnessed an increased rush to book profits as the day progressed. The Sensex and Nifty ended flat, amid heightened volatility. Analysts believe that the bulls are firmly in control and the market is likely to remain volatile in the near term, but the overall trend is positive. Investors should focus on buying quality stocks on dips.

Nifty 50 touched a new all-time high of 20,000, led by strong buying from foreign investors, domestic institutional investors, and retail investors. Analysts believe that the market is overbought and there could be a pullback in the near term, but they are bullish on the long-term trend and expect the index to reach 21,500 in the coming months.

Indian equity markets hit a record high on September 11, 2023, driven by strong buying across all sectors. Analysts expect the market to continue to rise in the near term, citing strong economic growth and positive earnings outlook as key drivers.

The Indian stock market is expected to continue its upward momentum in the coming weeks, with the Nifty50 index likely to touch the 20,000 mark. Here are the top 10 trading ideas for the next 3-4 weeks, based on technical analysis.

The Nifty50 index hit a new closing high of 19,996.30 on September 11, 2023, after crossing the psychological 20,000 mark in intraday trade. The index was supported by all sectors, with financials and metals leading the gains. The market is expected to remain positive in the near term, but investors should remain cautious of the risks, such as rising inflation and interest rates, and the ongoing war in Ukraine.

Indian stock markets opened in positive territory on September 11, 2023, amid the mixed global cues. The Nifty hit a seven-week high of 19,800 last week, and analysts believe that the index is likely to march towards the 20,000 milestone in the coming days, provided it holds the 19,700-19,800 support level.

The Indian stock market is expected to continue its upward momentum in the coming sessions, with the Nifty50 index likely to touch the 20,000 level. However, some consolidation is also possible before the index reaches this level. The market is currently in a bullish trend, with the Nifty50 forming higher highs and higher lows. The immediate support for the index is at 19,700, and the key resistance is at 19,865. Investors should monitor the key factors that could impact the market, such as the outcome of the US Federal Reserve's policy meeting and the release of key economic data.