Business Standard

Ravi Nathani

Nifty FMCG in overbought zone; should you lock gains to skip downside?

The Nifty FMCG Index is currently in an overbought zone on the charts, despite the overall bullish trend

Nifty FMCG in overbought zone; should you lock gains to skip downside?
Updated On : 19 Jul 2024 | 6:30 AM IST

Nifty Bank, Fin Svcs eye breakout: Should you wait or buy near support?

The Nifty Bank Index is currently range-bound on the charts, oscillating between 52,800 and 51,750. A decisive close above or below this range will likely trigger a significant move

Nifty Bank, Fin Svcs eye breakout: Should you wait or buy near support?
Updated On : 16 Jul 2024 | 6:32 AM IST

Nifty 50 bullish, MidCap Select rangebound on charts; trading strategy here

The Nifty 50 Index is currently displaying a bullish trend on the charts. However, resistance is expected around the 24,800 level

Nifty 50 bullish, MidCap Select rangebound on charts; trading strategy here
Updated On : 15 Jul 2024 | 6:27 AM IST

Sell Nifty Metal on the rise, support at 9,500; more details here

The Nifty Metal Index is currently in a phase of consolidation, trading within a narrow range of 300 points, specifically between 9,700 and 10,000

Sell Nifty Metal on the rise, support at 9,500; more details here
Updated On : 12 Jul 2024 | 6:31 AM IST

Should investors book profits in Nifty IT, Auto? Check key levels here

The Nifty IT Index is poised for a correction in the near term, as technical indicators signal an overbought condition

Should investors book profits in Nifty IT, Auto? Check key levels here
Updated On : 10 Jul 2024 | 6:29 AM IST

Nifty Fin Svcs eyes breakout, PSU Banks attractive on dips; key levels here

The Nifty Financial Services Index is currently trading at 23,586.75 and is showing a range-bound pattern on the charts

Nifty Fin Svcs eyes breakout, PSU Banks attractive on dips; key levels here
Updated On : 09 Jul 2024 | 6:31 AM IST

Downturn in sight for Nifty50, MidCap Select indices; here's how to trade

When examining the Nifty 50 Index, currently trading in the overbought zone, technical indicators such as MACD, RSI, and Stochastic suggest it is challenging to recommend initiating fresh long

Downturn in sight for Nifty50, MidCap Select indices; here's how to trade
Updated On : 08 Jul 2024 | 6:23 AM IST

Sell Nifty IT on the rise; resistance at 38,350, check other details here

The Nifty IT Index is currently trading at 37,314.35. In the near term, the index appears to be range-bound, with the defined range between 37,525 and 37,050

Sell Nifty IT on the rise; resistance at 38,350, check other details here
Updated On : 04 Jul 2024 | 7:01 AM IST

Should investors book profits in Nifty PSU, Pvt Bank? Insight from charts

he Nifty PSU Bank Index is currently trading at 7,178.00. The near-term trend on the charts indicates a downward movement

Should investors book profits in Nifty PSU, Pvt Bank? Insight from charts
Updated On : 03 Jul 2024 | 6:30 AM IST

Is it wise to book profits in Nifty50, MidCap Select? What analysts say

The NIFTY 50 Index is currently trading at 24,010.60. A sharp rally in the near term has pushed the index into an overbought zone

Is it wise to book profits in Nifty50, MidCap Select? What analysts say
Updated On : 01 Jul 2024 | 6:21 AM IST

Nifty IT looking for breakout, Auto to underperform; trading strategy here

The NIFTY IT Index is currently trading at 35,406.55. In the near term, the index is range-bound on the charts, with a defined trading range between 35,190 and 35,600

Nifty IT looking for breakout, Auto to underperform; trading strategy here
Updated On : 27 Jun 2024 | 6:24 AM IST

Sell Nifty Financial Services on the rise; resistance at 23,425

The Nifty Financial Services Index is currently trading at 23,071.25. The index is displaying a range-bound pattern on the charts, with a defined range between 23,200 and 22,800

Sell Nifty Financial Services on the rise; resistance at 23,425
Updated On : 25 Jun 2024 | 6:33 AM IST

Time to book profits in Nifty50, Midcap Select index? What charts reveal

The Nifty 50 Index is currently trading at 23,501.10. In the near term, the index is trading within a range of 23,700 to 23,300. A close above or below this range would trigger a directional move

Time to book profits in Nifty50, Midcap Select index? What charts reveal
Updated On : 24 Jun 2024 | 6:27 AM IST

Nifty Auto bearish in near-term, Energy rangebound; check trading strategy

The Nifty Auto Index is currently trading at 25,267.85. The near-term trend for this index appears to be downward on the charts, with strong support expected around the 24,500 level

Nifty Auto bearish in near-term, Energy rangebound; check trading strategy
Updated On : 21 Jun 2024 | 7:36 AM IST

Time to consider profit booking in Nifty Bank, Pvt Bank? Check details

The Nifty Bank Index is currently trading at 50,440.90. In the near term, the index has reached its resistance level of 50,600

Time to consider profit booking in Nifty Bank, Pvt Bank? Check details
Updated On : 19 Jun 2024 | 6:28 AM IST

Is it a good time to sell Nifty 50, Mid Select Index? Check details here

The Nifty Index is currently trading at 23,465.60. On near-term charts, the index is positioned in the oversold zone, suggesting that selling pressure will likely emerge on any rise

Is it a good time to sell Nifty 50, Mid Select Index? Check details here
Updated On : 18 Jun 2024 | 6:26 AM IST

Time to buy Nifty IT on dips and sell Pvt Bank on rise? What charts reveal

The Nifty Private Banks Index is currently positioned to attract profit booking on any rise, making a sell-on-rise strategy the most suitable approach for traders

Time to buy Nifty IT on dips and sell Pvt Bank on rise? What charts reveal
Updated On : 12 Jun 2024 | 6:46 AM IST

Nifty PSU Bank bearish, Fin Svcs rangebound on charts; here's how to trade

The Nifty PSU Banks Index is currently showing signs of potential underperformance, making a bearish trading strategy favourable in the near term

Nifty PSU Bank bearish, Fin Svcs rangebound on charts; here's how to trade
Updated On : 11 Jun 2024 | 7:05 AM IST

Is it a good time to sell Nifty 50, MidCap Select index? What charts say

The NIFTY 50 Index is currently trading at 23,290.15. Although the overall trend remains bullish, recent volatility has disrupted the near-term pattern, evidenced by large candlestick formations

Is it a good time to sell Nifty 50, MidCap Select index? What charts say
Updated On : 10 Jun 2024 | 8:23 AM IST

Nifty IT rangebound, Auto in overbought zone; target, support levels here

The Nifty IT Index is currently trading at 34,023.80, displaying a range-bound pattern in the near term

Nifty IT rangebound, Auto in overbought zone; target, support levels here
Updated On : 07 Jun 2024 | 6:34 AM IST