Page 33 - Technical Research News Today

The Department of History, with sponsorships and support from the Center for the Southwest, the Feminist Research Institute, the Institute of American Indian Research, the Institute of Medieval Studies, the Latin American and Iberian Institute, Women,...

On the options front, the maximum Call OI is placed at 22,500 and then towards 22,300 strikes while the maximum Put OI is placed at 22,000 and then towards 21,900 strikes.

In October 2022, Paraguay hosted the ODESUR South American Games for the first time. The event proved a great success, and from the outset, people flocked to the games, largely thanks to the animal that was chosen to be the competition’s unusual mascot — the southern tiger cat (Leopardus guttulus). This charming but little-known creature […]

The near-term uptrend status of Nifty remains positive and bullish chart patterns like higher tops and bottoms are also intact. At the same time, the market is not gaining strength to witness an upside breakout of 22,200-22,300 levels decisively.

Benchmark indices gained close to 1% last week, reaching lifetime highs, driven by foreign investor inflows. Volatility is expected due to the expiry of the February derivative series. Nifty may reach 22400 and possibly 22700. Macro data and global markets will be monitored. Auto sales and IPOs are also noteworthy.

After the marginal dip, the US benchmark index, the Dow Jones Industrial Average (DJIA) has resumed the uptrend and also crossed a new milestone of 39,000.

The rupee appreciated 11 paise to close at 82.85 against the US dollar on Thursday, tracking the broad weakness of the American currency in the overseas market.

The momentum is likely to continue and markets expected to touch new highs. The market will track global cues as no major domestic events are lined up in the sort term, say analysts

Bank Niftys immediate support is at the 50 DMA zone of 46650-46750. If this level holds, momentum may strengthen towards the 47400-47600 zone. Breaking 46650 could lead to a test of the next support at 46400-46250.

Nifty has been in a consolidation zone for over a month and we may soon see a breakout or breakdown with the former. However, for any significant rally, Nifty will have to give a decisive breakout above 22,250.