Market Overview

Trade Setup for Today: Consolidation will continue in the market until strong closing above 23400, important support on 23000 – Trade Setup for Today Consolidation will continue in the market till there is a strong closing 16

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Nifty trade setup: The Nifty closing on January 23 with a limit of 0.2 per cent in a limited range. But since last week, it is still roughly roaming within a radius of 23,000-23,400. The overall spirit is of recession with the continuing of lower top and lower bottom on the daily chart. The Nifty … Read more

Strong short covering before the results of Maharashtra elections, FIIs increased long positions, big registers for Nifty at 24000 – strong short covering before the results of Maharashtra elections FIIs increased long positions big registers for Nifty at 24000

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On November 22, ahead of the results of Maharashtra and Jharkhand elections, there was a rush among investors to cover short positions in NSE Nifty and Bank Nifty. This led to the highest unwinding in the November derivatives series. Unwinding of 12.23 lakh shares was witnessed in Nifty yesterday, while unwinding of 1.35 lakh shares … Read more