ArthavrkshRA

Nifty Defends 22,200 Again; TCS Breaks Out

Nifty 50 dipped toward the 22,200 zone in the week (intraweek low 22,179) but did not sustain a break, and a late recovery left it at a weekly close of 22,520 up 0.44%. The index has not reclaimed the 200-week SMA at 22,625.10, which also l… See Moremore

BPCL Breaks Pattern Support as Crude Stays High

Brent crude settled at $104.70 on October 9, up 1.88% (weekly closing) on two fronts. Middle East tensions are keeping worries alive about the Strait of Hormuz, where crude exports are running roughly 30% below pre-war levels. A hurricane h… See Moremore

Nifty IT Confirms Hammer; Persistent in Focus

Nifty IT closed the week at 28,574.90, up 0.95%, clearing the 28,450 trigger set last week and confirming the Hammer at the 28,300-28,000 base. The intraweek low of 27,658 held above last week’s Hammer low of 27,612.85, and this week’s cand… See Moremore

Nifty Sits on Key Support; Deepak Fert Retests

GIFT Nifty is trading about 100 points higher at the time of writing. The dollar index has slipped below 102, the US 10-year yield has eased to near 5.22%, and Brent has come down from about $105 to around $103, together pointing to a posit… See Moremore

Nifty Hits 52-Week Low as Selling Broadens

Indian equities closed lower for a second straight session on October 8. Nifty dipped to 22,179.90 intraday, just under its previous 52-week low of 22,182.55, and ended at 22,231.80, down 371.25 points or 1.64%. Sensex lost 1,045.46 points… See Moremore

Nifty Consolidates Post RBI; Deepak Fert in Focus

GIFT Nifty is trading flat at the time of writing, pointing to a flat to marginally soft opening. Nifty failed to breach the 22,740 resistance yesterday. The RBI's 25 bps rate hike was mildly bearish but largely discounted, so there was no… See Moremore

JTL Industries: Goldman Buying vs the Chart

Fundamental pointers (Source: Money control, bulk deal data): On October 7, Goldman Sachs Investments Mauritius I bought 19.71 lakh shares of

Learning Post: Gland Pharma Range Breakout

Nifty Faces RBI Policy Day Amid Weak Cues

As anticipated in yesterday’s view, Nifty traded with a positive bias. It broke above the falling trendline in the previous session and extended the up-move yesterday, but fell short of the 22,809 test after clearing 22,650, making a high n… See Moremore

Bank Nifty Relief Bounce Ahead of RBI Policy

Bank Nifty has recovered from the 53,785 low to 55,128.40, a relief move after the recent decline. The index is still below the Falling Window resistance near 56,209, and both the 50 SMA (56,897) and 200 SMA (57,126) remain overhead and slo… See Moremore

Learning Throwback: Kotak Bank Chart Explained

A throwback is when price breaks out of a pattern, pulls back to retest the broken level, and then tries to resume its original direction.

Nifty Above Falling Trendline; Nuvama Breaks Out

Nifty traded with a positive bias in yesterday's session and tested the 22,614 resistance almost exactly, with a high of 22,620. A mild corrective move followed, but the market recovered again and settled near 22,535. The index has also mov… See Moremore

SCI Moves Past Falling Trendline on Volume Surge

Nifty Bounces From 22,200; SBI Life in Focus

Nifty slid through its supports in Friday's session to the strong 22,200 zone, which also coincides with the weekly channel support, before a late recovery took it to settle near 22,445. A doji at the lows hints that selling pressure may be… See Moremore

Nifty Fails at Resistance; Pre-Market Bias Weak

It was a volatile session yesterday, with Nifty initially moving higher and testing the 22,777 falling-window resistance flagged earlier. A sharp sell-off followed, erasing all the gains and pushing the index into negative territory, closin… See Moremore

Nifty Realty at Crossroads Amid Rate Hike Debate

Nifty Realty has slipped 2.32% for the week to close at 847.35, right at the intersection of two significant trendlines on the weekly chart — a long descending trendline from the late-2024 highs and a newer rising trendline from the March 2… See Moremore

Nifty Eyes Resistance; Kirloskar Oil Breaks Out

Nifty continued its slide in yesterday's session, opening the first hour with a decline that took price close to the 22,550 extreme support flagged earlier. From there, a recovery took hold, pushing the index up to 22,753 — near the day's o… See Moremore

Sagility Limited Tests Rising Trendline Support

PNB Housing Finance Pulls Back After Channel Break

Nifty IT Holds 28,000; Persistent Systems in Focus

Nifty IT was the relative outperformer versus the broader indices in yesterday’s session, ending nearly flat, down around 0.20%. The index opened lower but recovered through the session, reinforcing 28,000 as a strong support level. RSI at… See Moremore