Nifty Trading StrategyThe market easily wiped out the previous week's gains in a single day, declining 1.3 percent and finally testing the August low on November 4, forming a bearish candlestick pattern on the daily charts, which indicates weakness. If the index sustains below the psychological 24,000 mark, the next downside target to watch is 23,500, which coincides with the 200-day EMA (Exponent...

The Nifty200 Momentum 30 index emerged as one of the top leaders among various indices, across broader markets, sectoral indices, as well as strategy indices. So far in trade, the index has jumped two percent, as compared to the benchmark Nifty 50's gain of half a percent.The index aims to the performance of 30 high momentum stocks across large and mid-cap stocks which comprise the Nifty 200 index...

Sensex and Nifty 50 dived in trade on October 3, extending losses for the fourth consecutive session to settle over two percent lower. Amid rising geopolitical tensions following the escalation in the Middle East, investors rushed to sell off their holdings. The bullishness in China and rising crude prices weighed on the market sentiment as well.At close, the Sensex was down 1,769.2 points or 2.1 ...

Automotive major Mahindra & Mahindra was the top Nifty 50 loser, falling over six percent in early trade on July 10 after the firm decided to slash prices on its best-selling SUV amid low demand.As the SUV price war heats up, M&M cut its price on the AX7 range of the XUV 700 by Rs 2 lakh. The model now starts at  Rs 19.49 lakh compared to Rs 21.4 lakh earlier, said the firm. The “celebratory pr...

Bulls retained their control for the fifth straight session, taking the benchmark indices to new closing highs on June 18. Analysts see the Nifty 50 gradually climbing towards the 23,700-23,800 levels, as long as it holds 23,000 as a crucial support in the coming sessions. Meanwhile, the Bank Nifty is likely to surpass the 51,000 mark, with support at 49,900.The Nifty 50 rose 92.30 points or 0.4 p...