The benchmark indices maintained an upward continuation pattern, with the Nifty 50 closing over half a percent higher on November 20 despite subdued market breadth. A total of 1,582 shares declined against 1,247 advancing shares on the NSE. The market is expected to march toward a record high in the upcoming sessions, despite likely intermittent consolidation. Below are some short-term trading ide...

The benchmark indices closed the volatile session flat with a positive bias, continuing the uptrend for the fourth straight day, but the market breadth was weak. A total of 1,648 shares saw correction compared to 1,188 shares that gained on the NSE. The market is expected to remain rangebound until it decisively surpasses the previous day’s high. Below are some short-term trading ideas to consid...

The market extended profit booking for another session, with the Nifty 50 breaking its six-day winning streak and closing 96 points down on October 24. The market breadth favoured the bears, with 1,800 shares declining against 1,014 advancing shares on the NSE. Rangebound trading is expected to continue until the benchmark indices trade below the previous week’s high. Below are some short-term t...

Equity benchmarks extended gains for another session on October 10, with the Nifty 50 rising 0.4 percent. Market breadth favoured the bulls, as about 1,708 shares witnessed buying interest compared to 1,109 stocks that declined on the NSE. However, the market may witness some correction following Friday’s turmoil in US counterparts. Still, technically, the trend remains upward as long as the ind...

The market closed moderately higher amid consolidation, with the Nifty 50 snapping its three-day losing streak on December 11. The breadth was in favor of the bulls, as about 1,344 shares gained, compared to 1,160 shares that declined on the NSE. The consolidation is likely to continue until the benchmark indices decisively break the tight range of the past four days on either side. Below are some...