9th DEC 2024 | Asia in Green Expect volatile Target of 25000
NIFTY Prediction Nifty maintains its position above the breakout from an inverse head-and-shoulders pattern, reflecting strong market momentum. Resistance is anticipated between 25,000 and 25,200, with support identified in the 24,000 to 24,500 range. BANK NIFTY Prediction Bank Nifty recorded gains for the sixth straight session on December 5, with the Nifty closing at 24,700….
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2nd DEC 2024 | Asia in Green Expect Manual Movement Bank Nifty Weak
NIFTY Prediction Nifty December series began positively, with the markets gaining nearly 1%. The Nifty surged early in the day, closing at 24,131 after trading within a range. On the daily chart, Nifty has bounced back above the 21-day exponential moving average (DEMA) and formed a green candle, signaling strength. Resistance is expected between 24,300…
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Q2 FDI inflows rose 43% year on year to $13.6 billion
Foreign direct investment (FDI) equity inflows into India rose 43.1% on-year to $13.6 billion in July-September this fiscal, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) Friday showed. FDI inflows were $9.5 billion in the year ago period. Total FDI, which includes equity inflows, reinvested earnings and other capital, grew…
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Nifty begins December series at higher open interest base, suggests F&O rollover data. What does this indicate?
Nifty futures will start the December series at higher open interest (OI) base with futures rollovers standing at 79% as against 76% averaged over the last three series, Nuvama said in a note. It expects Nifty to trade in a broad range of 23,450 to 25,000 with heightened volatility at play. At Rs 30,800 crore…
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25th Nov 2024 | Expect Green Movement
NIFTY Prediction Nifty opened on a bullish note, saw strong buying interest throughout the session, and closed higher at around 23,907 levels. The market posted a solid recovery this week, climbing over 2% after a recent decline. The volatility index, India Vix, rose by 0.67% to 16.10, signaling an increase in market volatility. Resistance is…
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18th Nov 2024 | Short recover Expected
NIFTY Prediction Nifty started the day flat and remained range-bound throughout, ending 26 points lower. The index is currently testing a key support level. Resistance is seen between 23,600-23,900, while support lies at 23,500-23,000 on the downside.” BANK NIFTY Prediction Bank Nifty is currently trending lower. If you’re holding short positions, you can maintain them…
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13th Nov 2024 | Asia in Red Market Need to recover otherwise bad situation expected
NIFTY Prediction Nifty daily chart, the index has formed a Bearish Engulfing pattern, signaling strong control by the bears. The immediate support is seen at 23,820-23,600. On the upside, there are multiple resistance levels, with the first at 24,200-24,000, where the index is likely to face selling pressure. BANK NIFTY Prediction Bank Nifty remained under pressure,…
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IRFC among 5 stocks to trade ex-dividend tomorrow. Last chance to buy for eligibility
Shares of Indian Railway Finance Corporation (IRFC) among 4 other stocks are likely to remain in focus today as these companies had announced November 12 as the record date for the purpose of determining shareholder eligibility for the declared dividends. IRFC had announced a dividend of Rs 0.8 per share earlier this month while announcing…
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11th Nov 2024 | Market Expect Red Today
NIFTY Prediction Nifty benchmark indices experienced volatile movements. Among the sectors, the IT index was the top performer, rising more than 3.78%, while the realty index dropped by over 4%. Throughout the week, after a sharp correction, the market found support around 23,850-24,100, with resistance levels between 24,500 and 24,750. BANK NIFTY Prediction Bank Nifty…
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06th Nov 2024 | USA Election Trump Leading | NON USA IT Companies are Panic
NIFTY Prediction Nifty is currently in a downtrend. If you’re holding short positions, it’s advisable to maintain them with a daily closing stop-loss at 24,331. After an intraday dip, the market found support around 23,850 and rebounded. While most sectoral indices saw a strong recovery, the Metal index led the charge with a rally of…
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