Bears strike again! The Nifty opened up just a tad below previous high at 11584.1 and stayed strong throughout the session, but in the last hour, it gave up all the gains and tanked to make a low at 11446.1 before settling at...
Category - Daily Trading Plan
Daily Signals based on Hybrid Model & market commentary.
Back to where we started! Nifty erased yesterday’s gains and is back in the range of 11560-11440. It was a classical false breakout! Although the selling was broad based barring Dr. Reddy’s, HCL Tech and Infy...
Bulls are not ready to let go just yet! Nifty opened just above the previous day’s high at 11538.45, made a low at 11516.75, and continued to march on to close above the important resistance zone of 11561-11584.95. Nifty...
The markets are trapped in a range! After printing out a bearish engulfing pattern yesterday, the Nifty did not see any follow-through today and rose back by 81.75 points to close at 11521.8. The rally was mainly led by...
The bulls are on the verge of giving up! The market started off strong and made a high at 11568.90, just shy of the previous peak at 11584.95, but eventually gave up all the gains and closed in red at 11440.05. Had it not...
It was a tumultuous week! Markets started on the weak footing and fell up to 11185 levels and bounced back by the end of the week to 11464.45. Nifty ended up 1.15% for the week while NIFTY 500 ended up 0.73%. As I had...
Bulls are back! Or are they? Let’s find out! As mentioned in the yesterday’s issue of the Daily Game Plan… Finally, it seems a short-term bottom is in place today!Although Nifty ended below 11300, it...
Finally, it seems a short-term bottom is in place today! Nifty gapped down at 11218 to make a low at 11185 before recovering smartly by the end of the day helped by heavyweights Reliance, Cipla, Sun pharma, and Bharti Airtel...
The tussle between the bulls and the bears continue! Bears are not letting the rally to sustain but the bulls are not letting go 11300! The Nifty opened higher at 11378.5 and went up to 11437 but the last hour selling...
The Nifty clings on to 11300! Nifty ended 21 points up at 11355.05 almost exactly where it opened after a highly volatile day! Nifty took support at downsloping trendline from all-time highs and has traced out a Dragonfly...