Market Pulse: Confirmed Uptrend
Distribution Day Count:
Nifty50: One Nifty Midcap100: Three Nifty Smallcap100: Two
Global stock markets: Dow 30, +0.2%; Nasdaq, -0.5%; S&P 500, -0.3%; Nikkei, -0.3%; Kospi, -0.8%; Shanghai Composite, +0.2%.
Yesterday, Nifty started the session on a ... Views: 984
Market Pulse: Confirmed Uptrend
Distribution Day Count:
Nifty50: Two Nifty Midcap100: Three Nifty Smallcap100: Two
Global stock markets: Dow 30, +0.1%; Nasdaq, 0%; S&P 500, +0.2%; Nikkei, +0.3%; Kospi, +0.5%; Shanghai Composite, -0.4%.
On Friday, Nifty gapped up near 17,900 and made ... Views: 560
At 8:00 am IST, SGX Nifty Futures was trading at 15,008, compared with Nifty’s close of 14,823 on Friday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow30, +0.7%; S&P 500, +0.7%; Nasdaq, +0.9%; Kospi, +1.1%; Nikkei, +0.9%; Shanghai Composite, ... Views: 409
At 8:00am IST, the SGX Nifty Futures was trading at 11,293, compared with Nifty’s close of 11,250 Monday.
Market status: Uptrend Under Pressure
Distribution Day Count: Six
Global stock markets: Dow 30, -1.8%; S&P, -1.2%; Nasdaq, -0.1%; Hang Seng, -0.7%; KOSPI, -1.5%
Nifty, after a ... Views: 404
Global stock markets: Dow 30, +0.9%; S&P, -0.2%; Nasdaq, -1.4%; Nikkei, +1.7%; Kospi, +1.1%; Hang Seng, +0.1%
Yesterday, Nifty opened to strong gains on vaccine news. It kept the momentum intact throughout the day and made higher highs and higher lows in the hourly chart to close above ... Views: 439
Market Pulse: Confirmed Uptrend
Distribution Day Count: Two
Global stock markets: Dow 30, +0.2%; Nasdaq, +0.03%; S&P 500, +0.2%; Nikkei,+0.4%, Kospi, +0.6%; Shanghai Composite, +0.1%
Yesterday, Nifty opened flat and traded in a narrow range for the day to close 0.20% lower. Volume was ... Views: 427
Market Pulse: Confirmed Uptrend
Distribution Day Count:
Nifty50: Three Nifty Midcap100: Three Nifty Smallcap100: Three
Global stock markets: Dow 30, -0.3%; Nasdaq, -0.1%; S&P 500, -0.2%; Nikkei, -0.2%; Kospi, +1.1%.
Yesterday, Nifty started the session with mild cuts and made the ... Views: 1014
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,502, compared with Nifty’s close of 11,466 yesterday.
Market status: Confirmed Uptrend
Global stock markets: Dow 30, +1.4%; S&P 500, +1%; Nasdaq, +0.6%; Nikkei, +1.6%; Hang Seng, -0.2%; KOSPI, +1.5%
Yesterday, ... Views: 854
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,409, compared with Nifty’s close of 11,372 Friday.
Market status: Confirmed Uptrend
Global stock markets: Dow 30, +0.7%; S&P 500, +0.3%; Nasdaq, +0.4%; Nikkei, +0.4%; Hang Seng, +1.5%; KOSPI, +1%
Last week, Nifty ... Views: 835
Market Pulse: Confirmed Uptrend
Distribution Day Count: Nifty50: One Nifty Midcap100: Three Nifty Smallcap100: Four
Global stock markets: Dow 30, -0.2%; Nasdaq, +0.2%; S&P 500, -0.03%; Nikkei, +1.7%; Kospi, +0.1%; Shanghai Composite, +0.5%.
Last week, Nifty crossed 17,000 for the first ... Views: 640
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow 30, -0.2%; Nasdaq, -1.2%; S&P 500, -0.5%; Nikkei, -1%, Kospi, -0.1%; Shanghai Composite, -0.2%
Yesterday, Nifty started the session on a positive note and moved sideways in the first hour. ... Views: 440
Global stock markets: Dow 30, -0.5%; S&P, -0.5%; Nasdaq, -0.3%; Nikkei, -0.1%; Hang Seng, +2.1%;
Yesterday, Nifty, after a gap-up opening, found resistance near its 50-DMA. The index traded toward the day's low of 11,181 and closed the volatile trading session near the lower half of the ... Views: 511
Global stock markets: Dow 30, +0.5%; S&P, +0.05%; Nasdaq, -0.6%; Nikkei, +0.7%; Hang Seng, +0.6%; KOSPI, +1.3%
Nifty moved down toward its 50-DMA at the beginning of the last week. However, Thursday’s action helped Nifty reclaim its 21-DMA. On the weekly chart, it found support at its 10-WMA. ... Views: 414
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,753, compared with Nifty’s close of 11,647 on Friday.
Market status: Confirmed Uptrend
Global stock markets: Dow 30, +0.6%; S&P 500, +0.7%; Nasdaq, +0.6%; Nikkei, +1.9%; Hang Seng, +1.4%; KOSPI, +0.3%
During the ... Views: 489
At 8:00 am IST, SGX Nifty Futures was trading at 15,118, compared with Nifty’s close of 14,923, yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.2%; S&P 500, -0.3%; Nasdaq, -0.4%; Kospi, +1.2%; Nikkei, +2.2%; Shanghai Composite, ... Views: 427
Global stock markets: Dow 30, +1.9%; S&P, +1.7%; Nasdaq, +1.9%; Nikkei, +0.9%; Kospi, +0.1%; Hang Seng, -0.8%
Yesterday, Nifty opened on a slightly positive note and continued to trade higher during the day. Though the benchmark indices closed with notable gains, the midcap and smallcap ... Views: 542
Global stock markets: Dow 30, -1.3%; S&P, -1.4%; Nasdaq, -1.9%; Nikkei, -0.2%; Kospi, +0.3%; Hang Seng, +0.6%
Yesterday, Nifty gapped up for the third consecutive session. It traded in a narrow range of just 50 points until the last hour of sharp rally. Around 70% of Nifty50 stocks closed in ... Views: 542
Global stock markets: Dow 30, -1.3%; S&P, -1.4%; Nasdaq, -1.9%; Nikkei, -0.2%; Kospi, +0.3%; Hang Seng, +0.6%
Yesterday, Nifty gapped up for the third consecutive session. It traded in a narrow range of just 50 points until the last hour of sharp rally. Around 70% of Nifty50 stocks closed in ... Views: 423
Market Pulse: Confirmed Uptrend
Distribution Day Count:
Nifty50: Two Nifty Midcap100: Two Nifty Smallcap100: Two
Global stock markets: Dow 30, +1%; Nasdaq, +1%; S&P 500, +1%; Nikkei, -0.7%; Kospi, -0.6%; Shanghai Composite, +0.6%.
Nifty traded in a narrow range of fewer than 90 ... Views: 1049
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, +0.8%; Nasdaq, +0.9%; S&P 500, +0.8%; Kospi, +1.1%; Shanghai Composite, +0.2%
On Tuesday, Nifty opened 50 points lower and remained under selling pressure, trading toward the day’s low of 15,578 ... Views: 458
Market Pulse: Confirmed Uptrend
Distribution Day Count: Nifty50: One Nifty Midcap100: Three Nifty Smallcap100: Four
Global stock markets: Nikkei, +0.8%; Kospi, -0.6%; Shanghai Composite, +0.5%.
Yesterday, Nifty started the session on a record high and quickly made a new all-time high of ... Views: 852
"Don’t argue with the market. Never try to prove you’re right and the market is wrong." - William J. O’Neil, MarketSmith India Founder
In the last week’s learning article, we discussed how a rules-based investing system helps an investor to stay clear of biases. Biases can be of two types: ... Views: 525
“Just remember buying at new highs is buying into emerging strength.” – William J. O’Neil
Overhead supply, also known as percent off high, represents price levels at which a stock’s recovery is impeded as it tries to rally back from a steep decline. The pressure comes in the form of investors ... Views: 469
Today’s Action
Nifty, +1.1%; Sensex, +1.2%; Nifty Midcap, +1.3%; Nifty Smallcap, +0.7%; Model Portfolio, +0.00%
Market Pulse Confirmed Uptrend
Nifty opened up to solid gains this morning. It remained volatile during the day but managed to closed in the upper half of the day’s range. ... Views: 446
Today’s Action
Nifty, +1.1%; Sensex, +1.2%; Nifty Midcap, +1.3%; Nifty Smallcap, +0.7%; Model Portfolio, +0.00%
Market Pulse Confirmed Uptrend
Nifty opened up to solid gains this morning. It remained volatile during the day but managed to closed in the upper half of the day’s range. ... Views: 452
By Marketsmith India
In the stock market, nothing works 100% of the time. That's why you have to be prepared to deal with failed signals. In CAN SLIM, the market itself – the M in CAN SLIM – is the most important factor for making money. Your chances of grabbing profits in growth stocks ... Views: 515
Today’s Action
Nifty, +1.8%; Sensex, +1.9%; Nifty Midcap, +1.3%; Nifty Smallcap, +0.7%; Model Portfolio, -0.4%
Market Pulse Confirmed Uptrend
Nifty opened slightly in the green. As the day progressed, the buyer demand increased, which resulted in Nifty closing 1.8% higher. The volume ... Views: 464
Today’s Action
Nifty, +3.8%; Sensex, +3.6%; Nifty Midcap, +2.3%; Nifty Smallcap, +3.1%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Confirmed Uptrend
Nifty ended the day with strong gains, up about 3.5%, on higher volume than yesterday’s session. As the volume was higher ... Views: 508
MarketSmith India Stories 18 May 2021
Solara Active Pharma stock has cleared an 11-week, 27% deep Cup Without Handle Base this week. Currently, the stock is trading around just 6% away from its ideal buy price of INR 1625. The stock is offering investors an opportunity to get on board ... Views: 396
You’re enjoying your position in a bullish market, but before you know the market goes into a downtrend and you start to incur losses. Stock markets are very volatile, any stock recommendation someone gives you can only be valid for a certain period of time. However, if you keep certain ... Views: 389
At 8:15 am IST, SGX Nifty Futures was trading at 15,850, compared with Nifty’s close of 15,815 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.4%; S&P 500, +0.2%; Nasdaq, +1%; Kospi, -0.4%; Nikkei, -0.9%; Shanghai Composite, ... Views: 451
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, -0.4%; S&P 500, +0.2%; Nasdaq, +1%; Kospi, -0.4%; Nikkei, -0.9%; Shanghai Composite, -0.6%
Yesterday, Nifty gapped up to open at a new all-time high. However, it failed to hold the opening gains ... Views: 400
Over the last couple of months, we discussed about identifying a correct buy point using common chart pattern/base formation such as cup-with-handle, double bottom, and flat base. Along with the type of base, it is important to understand the stages of base.
Stages begin at one and increase ... Views: 484
Latest Market Update: Stock market closed today
For investors wondering about the domestic stock market's functionality on the day of Holi, the equity market will be closed on Monday, 29th March, on account of the festival.
The domestic stock market will witness an extended weekend, and both ... Views: 521
Today’s Action
Nifty, +1.4%; Sensex, +1.5%; Nifty Midcap, +1.3%; Nifty Smallcap, +1.7%; Model Portfolio, -1.4%
Market Pulse: Confirmed Uptrend
Today’s session was highly volatile due to the expiry of weekly options contracts. 54% of Nifty50 stocks advanced today, led by Kotak Mahindra ... Views: 438
Today’s Action
Nifty, -0.1%; Sensex, +0.2%; Nifty Midcap, +0.5%; Nifty Smallcap, +0.4%; Model Portfolio, -1.4%
Market Pulse Confirmed Uptrend
After opening more than 100 points higher, Nifty succumbed to profit booking and ended flat. It was a highly volatile trading session. Only 28% ... Views: 436
Today’s Action
Nifty, -0.1%; Sensex, +0.2%; Nifty Midcap, +0.5%; Nifty Smallcap, +0.4%; Model Portfolio, -1.4%
Market Pulse Confirmed Uptrend
After opening more than 100 points higher, Nifty succumbed to profit booking and ended flat. It was a highly volatile trading session. Only 28% ... Views: 437
MarketSmith India Stories 20 May 2021
Supreme Industries stock has cleared a 8-week, 10% deep Flat Base this week. Currently, the stock is trading around just 5% away from its ideal buy price of INR 2133. The stock is worth watching at the current price level.
The key trend ... Views: 468
Nifty50 – 14,631.10, lost 0.40% last month ( April 2021
Last month, the index traded in a range-bound zone, almost in line with our expectations as published in our previous monthly and weekly reports.
In April, the index failed to chase its previous two months' high and turned ... Views: 466
Nifty50 – 14,631.10, lost 0.40% last month ( April 2021
Last month, the index traded in a range-bound zone, almost in line with our expectations as published in our previous monthly and weekly reports.
In April, the index failed to chase its previous two months' high and turned ... Views: 440
Nifty PSU Bank Index has formed a bullish continuation pattern on weekly charts, with “Relative Strength Line” breaking out above the downward sloping trendline. Also, this index is trending above 50- and 200-DMA, with a “Golden Cross Over” on the daily chart, which in turn, indicates a bullish ... Views: 488
Even when the market is in a Confirmed Uptrend, it is important to initiate your positions at the proper time in stock. A breakout from a base pattern is considered an ideal time to buy a stock. When markets are correcting, three out of four stocks feel the pressure. Even fundamentally strong ... Views: 412
Brent Crude’s slide into the negative territory triggered a whirlpool of speculation, causing chaos amongst stock market players. As the economics of crude oil became the talk of the town, investors were unwilling to accept the physical delivery at the time of settlement which forced them to ... Views: 519
Pi Industries stock has broken out of a 17-week, 25% deep Consolidation Base 3-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only -3% away from the ideal buy price of INR 2650.
The stock has an excellent EPS Rank of 91, ... Views: 360
William J. O’Neil said that major market corrections are normal and necessary. It serves to clean up prior excess. They also allow the market to create a whole new set of chart bases and leaders for the bull market that, in time, always follows. That’s what happened last year. The sharp and ... Views: 447
Market Pulse: Confirmed Uptrend
Distribution Day Count:
Nifty50: One Nifty Midcap100: Three Nifty Smallcap100: Three
Global stock markets: Dow 30, +0.7%; Nasdaq, +0.8%; S&P 500, +0.9%; Nikkei, -0.5%; Kospi, -0.6%; Shanghai Composite, -0.2%.
Yesterday, Nifty started the session on a ... Views: 672
Global stock markets: Dow 30, +1.5%; S&P, +1.6%; Nasdaq, +1.9%; Nikkei, -0.2%; Hang Seng, -0.3%; KOSPI, +0.9%
Yesterday, Nifty gapped higher and kept the bullish momentum intact throughout the day. The index formed higher highs in the hourly chart and closed the upward trending session ... Views: 558