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Trade Setup for April 12: Will the US inflation data spoil the Nifty party towards 23,000?

The Nifty is just 250 points away from the 23,000 mark, while the Nifty Bank is also 2% away from the 50,000 mark.

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market outlook: Ahead of Market: 10 things that will decide stock action on Friday

India's benchmark indices hit new highs on strong global demand expectations. Analysts suggest buying on dips and selling on rallies strategy. US stocks rise, European shares slip ahead of ECB decision. MACD signals bullish trade on select stocks.

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Trade setup for Friday: 15 things to know before opening bell

Based on the OI percentage, a total of 75 stocks were on the short-covering list. These included Hindustan Petroleum Corporation, Apollo Tyres, MCX India, Exide Industries, and Eicher Motors.

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Nifty today: GIFT Nifty up 55 points; here's the trading setup for today's session

"With the start of the result season, stock-specific action is likely to continue in the market. Agri and rural-related stocks are expected to be in focus after Skymet forecast a normal monsoon for India in 2024," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

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Tech View: Nifty forms high wave candle. What traders should do on Friday

Open Interest (OI) data showed the call side exhibited the highest OI at 23,000, followed by the 22,900 strike prices, while the highest OI on the put side was observed at 22,700 strike price.

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Tech View: Nifty bulls showing fatigue at peaks. What should traders do on Wednesday

The Nifty on Tuesday ended about 23 points lower to form a small negative on the daily chart, indicating that bulls are getting tired at new highs.

Rajesh-bhosale , Jatin-gedia , Nagaraj-shetti , Technical-analyst ,

Sensex scales mount 75k, hits fresh intraday high - The Hindu BusinessLine

Sensex scales mount 75k, hits fresh intraday high - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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