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Ahead of Market: 12 things that will decide stock action on Tuesday


Ahead of Market: 12 things that will decide stock action on Tuesday
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Nifty ended at 15,583, managing to cross the crucial level of 15,550 on a closing basis.
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NEW DELHI: Domestic indices on Monday extended last week s gains and rose nearly 1 per cent to hit fresh record highs. Strong buying interest seen in
RIL and private financial stocks boosted investors’ sentiments. Nifty ended at 15,583, managing to cross the crucial level of 15,550 on a closing basis.
Nifty rose for the seventh straight session and formed a bullish candle on the daily chart. Analysts said there is a good chance of Nifty50 further extending these gains and climbing to 15,700 level if it manages to hold the crucial support level of 15,370. Will Nifty continue its upward journey or consolidate a bit in the next few sessions? ....

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Nifty: Ahead of Market: 12 things that will decide stock action on Friday


NEW DELHI: Nifty made a gap opening on Wednesday but succumbed to profit booking and formed a small indecisive bearish candle with a long lower shadow. The headline index managed to settle a tad higher than its previous close.
After narrow trading for the last five sessions with indecisive candle formations, the index appears to be carving out a new trading range in the 15,270-14,900 zone, said Mazhar Mohammad of Chartviewindia.in.
Vinod Nair, Head of Research at Geojit Financial Services, said, “Domestic markets mirrored positive cues from its global peers, tracking gains from the US market as bond yields pulled back easing concerns about rising inflation. ....

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