Page 78 - Technical Analyst News Today

The crypto market suffers another correction as the weekend looms, so will Elon tweet again? Crypto at a Glance Greetings from Dubai and today, once again,  Luno Advisor Mati Greenspan, has kindly provided the market commentary together with his Technical Analyst, Imran Yusof, from Quantum Economics BTCUSD will trade the range between $27,900 – $42,000 until the range breaks, whenever that is. Or rather, whenever Elon Musk tweets or China speaks again. In the meantime, here�...

Rollovers for Nifty and Bank Nifty stood at 77 per cent and 80 per cent, respectively, versus 66 per cent and 65 per cent in the previous month.

Nifty futures see rollover of 68%, Bank Nifty 80%

Explore Now New Delhi: The domestic equity market failed to extend its two-day gains and consolidated in a narrow range on Tuesday. Market witnessed profit taking in the banking space, though FMCG, consumer durables and IT stocks capped the fall. Nifty kept paring any gains made throughout the day, eventually forming a Bearish Belt Hold candle on the daily chart, reflecting selling pressure. Analysts said, only a breach above the 15,300 level can open doors for any further move. As we near the...

Gold prices started climbing steadily from the low of March 31, which came around $1680, but the momentum came when prices broke the psychological resistance of $1800 which saw short covering. After that, for a week, prices consolidated but are now moving up, breaking its immediate resistance of $1852 in COMEX. May 17’s gains ($29 rally) indicate that gold, at least for now, no longer remains range bound and has broken above its strong resistance level which occurred at approximately $1852, t...

Ahead of Market: 12 things that will decide stock action on Tuesday SECTIONS Last Updated: May 17, 2021, 10:06 PM IST Share Synopsis Nifty formed a healthy bullish candle on the daily scale even as it negated the formation of lower highs and lows of the last three sessions. Getty Images Manish Hathiramani, Proprietary Index Trader and Technical Analyst of Deen Dayal Investments, said the market may remain bullish as it has managed to zoom past the 14,850 level. Related NSE By Sabari Saran New...

Day trading guide for Monday SECTIONS Last Updated: May 16, 2021, 04:12 PM IST Share Synopsis The index has formed a bearish belt hold candle and started to form lower highs-lower lows from the last three trading sessions, writes Chandan Taparia. Agencies By Chandan Taparia The Nifty50 index opened on a positive note on Friday but failed to surpass a key hurdle of 14,750 and cascaded throughout the day. It witnessed some recovery from lower zones and managed to close on a flattish note below 14...

Gold saw a sharp sell-off early this week before recovering over $20 to erase most of its loss. The fact that we are now witnessing gold solidly above $1800 expresses a strong change in market sentiment from neutral to bullish. Looking at the last few trading days, we can interpret that we are witnessing period of consolidation. Major resistance is at $1,855 and next fresh leg of upmove will only come above that level. China has just reported its producer prices climbed at the fastest pace in ...

HEAD OF TECHNICAL, SANCTUM WEALTH MANAGEMENT Those who want to play the entire public sector space can buy CPSE ETF at current market price and add on dips till Rs 23.80 with a stop loss of Rs 22. CPSE ETF price is expected to touch Rs 30 soon. SANDEEP PORWAL TECHNICAL ANALYST, ASHIKA STOCK BROKING A fresh breakout and the sustained trend are seen in an underlying basket which in turn indicate a breakout is likely for CPSE ETF with a key support placed at Rs 23.45. If the breakout sustains, it ...

Sensex ends above 49,500, metal stocks surge ​ By IANS | Published on ​ Mon, May 10 2021 16:27 IST | ​ 7 Views Bombay Stock Exchange. (File Photo: IANS). Image Source: IANS News Mumbai, May 10 : The Indian stock market rose on Monday with the BSE Sensex closing above the 49,500 mark. Healthy buying was witnessed in metal and healthcare stocks. The Sensex settled at 49,502.41, higher by 295.94 points, or 0.60 per cent, from its previous close of 49,206.47 points. It had opened at 49,4...