Page 25 - Equity Technical Research News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mumbai: Nifty may be on the cusp of a reversal of the long-running bullish trend, as it snapped a six-session winning streak and tumbled more than 400 points on Monday, signalling strong bear pressure. Analysts, however, said they would wait for more evidence to confirm the same. For the day, the index formed a big red candlestick on the daily chart, as it erased the gains of last 11 session. Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities, said ever since Nifty formed a higher bottom at 12,790 on November 26, it has never formed any decisive candlest...

Ahead of Market: 12 things that will decide stock action on Tuesday SECTIONS Share Synopsis Ajit Mishra, VP - Research at Religare Broking said, "Nifty has tested the lower band of the prevailing rising broadening formation around 13,150 and its breakdown could trigger a further decline towards the 12,700-12,800 zone. In case of a rebound, the 13,400-13,600 zone would act as a hurdle." iStock We do not expect a big correction, but rather a consolidation in the short term, of not more than 7% to 10% in the main indices. Buying at dips can be considered as a strategy in the falling market," sai...

After The Bell: Worst single-day fall in 7 months, here’s what should investors do on Tuesday The fall erased the gains of the last 11 days. In fact, after the market formed a higher bottom at 12,790 on November 26, the market has never given any decisive candlestick pattern on daily basis. December 21, 2020 / 05:36 PM IST Indian markets, which have been scaling new highs, crashed to their worst single-day fall in seven months, snapping a six-day winning streak on December 21. Both the Sensex and the Nifty50 plunged about 3 percent each, wiping out about Rs 7 lakh crore of Mcap on t...

FII flows may slow down but uptrend will continue: Analysts For the next few trading sessions, 13650 should be the sacrosanct level for the trend following traders, says Shrikant Chouhan of Kotak Securities December 21, 2020 / 08:44 AM IST Indian market ended higher for the seventh straight week, with benchmark forming new all-time highs on the back of favourable global and domestic cues. Despite the run-up, analysts continue to be positive on the market. Here's what they have to say about this week: Vinod Nair, Head of Research at Geojit Financial Services | Updates on Brexit deal and U...

Taking Stock | Stocks fall like ninepins as volatility index jumps 25%; investors lose Rs 6.64 lakh crore Nifty formed a big red candlestick formation on the daily chart, erasing the gains of the last 11 days. December 21, 2020 / 04:55 PM IST Indian equities fell like ninepins on December 21 as reports of a new and virulent COVID-19 strain in the UK spooked investors. A new variant of the novel coronavirus has been identified in the United Kingdom. England’s Chief Medical Officer Chris Whitty said on December 19 that the new variant of the coronavirus, which causes COVID-19, can spread f...