The FinTech Hub
Source: Live Mint Buy or sell: Throughout the week, the Nifty index remained in a range-bound zone, oscillating between the 24,000 and 25,000 levels. The week began with a sideways momentum, indicating a lack of significant directional movement. As the week progressed, profit booking took place, which caused the index to dip towards the support…
Source: Live Mint Buy or Sell: The Indian stock market benchmark indices, Sensex and Nifty 50, rallied over 2% each last week, posting their largest weekly gains in six months. The domestic equity market displayed notable activity following the Reserve Bank of India (RBI)’s monetary policy decision. The RBI’s Monetary Policy Committee (MPC) led by…
Source: Live Mint Buy or Sell: Last week, as anticipated, with the monthly expiry approaching, both the Nifty and Bank Nifty indices were in oversold conditions. This created potential for a significant rebound, which materialized as both indices saw notable upward movement toward their respective resistance levels. The Nifty Index broke through the 24,000 mark,…
Source: Live Mint Buy or sell: The Nifty Index ended the week at 23,907, firmly holding above the critical support level of 23,000. Despite facing adverse global news, such as the ongoing Russia-Ukraine war and the Adani bribery case, the Nifty managed to maintain its position above 23,000, showcasing resilience in the face of market…
Source: Live Mint Buy or sell: The Nifty 50 index wrapped up the week at 24,304, reflecting notable volatility as traders navigated through market dynamics. As the monthly expiry approached, a short covering rally provided a brief respite, enabling the index to bounce nearly 500 points and reaching nearby resistance levels around the 24,700-24,800 zone….
Source: Live Mint Buy or sell: Last week, both the Nifty and Bank Nifty indices were in oversold conditions, which led to a significant rebound followed by sideways movement. The Nifty index bounced from the key support level of 24,800 but was unable to break through the immediate resistance at 25,300. Throughout the week, it…
Source: Live Mint The Nifty 50 index wrapped up the week at 24,965, comfortably above the anticipated support zone of 24,800 to 24,900. A consistent close above the key support level of 25,700 indicates that the bullish trend may continue, with potential resistance levels looming around 26,700. Market participants are keenly observing whether the Nifty…
Source: Live Mint The Nifty 50 index concluded the week at 26,178, settling comfortably above the anticipated resistance zone 26,000. At the start of the week, the index moved above 25500 and concluded the week above 26,000. The consistent close above the key support level of 25,500 suggests that the bullish trend may persist, with…
