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

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

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

Trade setup for today: Nifty can reach 25800 level if it crosses 25400, immediate support at 25200 – trade setup for today nifty can reach 25800 level if it crosses 25400 immediate support at 25200

Trade setup : Profit booking was seen a day after the sharp rise in the market. Nifty fell by 32 points on September 13. However, this week it recovered all its losses of the previous week and closed at a new weekly closing level of 25357 with a gain of 2 percent. Market experts believe … Read more