The benchmark indices rebounded 0.4 percent on August 25 after nearly a percent loss in the previous session, but the market breadth remained weak. About 1,493 shares declined compared to 1,298 advancing shares on the NSE. The market is likely to consolidate further until it decisively gets back above last Thursday's high. Below are some short-term trading ideas to consider:Mehul Kothari, AVP - Te...

The benchmark indices failed to extend the previous day's rally further due to profit-taking, with the Nifty 50 ending the session with a 98-point loss on August 12. The market breadth was largely equal, with about 1,392 shares declining against 1,306 advancing shares on the NSE. The index is expected to consolidate until it decisively breaks the previous week's range on either side for a firm dir...

The benchmark indices corrected 1.1 percent on May 9, extending their downtrend for another session amid geopolitical tensions between India and Pakistan. Market breadth was dominated by bears, with approximately 1,719 shares under pressure compared to 824 advancing shares on the NSE. Range-bound trading is expected to continue in the upcoming sessions. Below are some short-term trading ideas to c...

The benchmark indices remained rangebound for another session, finishing the trade on a flat note amid rising volatility on April 30. Market breadth was dominated by bears, with a total of 1,998 shares under pressure compared to 544 advancing shares on the NSE. The indices are expected to consolidate further. Below are some short-term trading ideas to consider:Jatin Gedia, Technical Research Analy...

The market entered into a consolidation phase after recording more than a 1 per cent rally in the previous session, finishing flat on April 29. The market breadth was slightly in favour of bears, as about 1,346 shares declined against 1,185 advancing shares on the NSE. The benchmark indices need to decisively close above the previous day's high for a further upward move; until then, consolidation ...