NIFTY SUPPORT AND RESISTANCE
Gold Price Today: Yellow metal slips by Rs 4,200/10 g amid US-China trade negotiations
Gold prices declined at MCX due to eased India-Pakistan tensions. Silver futures also saw a dip. Earlier, both metals closed positively, driven by geopolitical concerns and BOE's rate cut. Market volatility persisted due to the dollar index and global growth worries. Manoj Kumar Jain suggests specific trading ranges for gold and silver. Physical gold prices vary across major Indian cities.
Tech indicators point to continued market weakness amid India-Pakistan conflict
Nifty’s recent correction was broadly anticipated. While the fall itself wasn’t a surprise, the geopolitical trigger adds a layer of concern. Technically, the index has formed a bearish engulfing pattern on weekly chart, suggesting more downside unless it reclaims 24,500.
Two Trades for Today: An auto major for almost 6% gain, a mid-cap petrochem stock for 9.6% surge
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
Will a fragile India-Pakistan ceasefire spark a stock market rally? 5 signs to read
Despite heightened tensions at the borders, the announcement of an India-Pakistan ceasefire is expected to set Indian markets on an upward trajectory this week. The markets, which had been recovering from a recent correction, took a hit as tensions between the two countries escalated.
Dalal Street Week Ahead: Nifty faces crucial test at key support zone amid rising volatility
Despite global uncertainties and geopolitical tensions, Indian equity markets showed resilience, consolidating before a slight weekly loss. The Nifty oscillated within a range, defending key support levels while volatility surged. Technical analysis suggests the 23950-24050 zone is crucial; defending it implies continued consolidation, while breaching 23900 could signal weakness. A defensive approach focusing on low beta stocks is advised.
Nifty downside looks limited as history favours recovery after conflicts: Rupak De
Despite geopolitical tensions with Pakistan, the Nifty fell just 1.4%, with historical conflict data suggesting limited downside and potential rebound. Technical indicators point to short-term caution but medium-term optimism, especially in select banking and defence stocks.
F&O Radar | Deploy Short Strangle in Nifty for potential gains from range
A slowdown in the broader market, set against a backdrop of geopolitical volatility, highlights the growing need for careful stock picking in today’s climate.
GIFT Nifty signals gap-down start on escalating India-Pakistan tensions
Indian equities closed lower on Thursday due to escalating India-Pakistan tensions, leading to market volatility. The near-term outlook appears weak, with potential for further correction. The rupee experienced a significant fall, while India VIX, a measure of market fear, surged. FIIs were net buyers, while DIIs were net sellers.
Two Trades for Today: A consumption stock for almost 4.5% rise, a mid-cap engineering firm for 7% upmove
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
Stocks to buy today: Marico, Power Grid among top 6 trading ideas for 8 May 2025
Indian markets are expected to consolidate on Thursday amid mixed global cues. Nifty futures closed at 24,472 with modest gains, while India VIX edged up to 19.06. Options data suggests a broader range of 23,800–24,800. Analysts highlight key support at 24,200 and resistance near 24,750. Experts recommend stocks like Power Grid, Marico, AU Small Finance Bank, and Muthoot Finance.
GIFT Nifty down 110 points; here's the trading setup for today's session
Indian equity benchmarks closed negatively on Tuesday due to widespread selling pressure across sectors. Technically, Nifty's breakout last week established a strong support area. Foreign investors were net buyers, while domestic institutions sold. The rupee weakened against the dollar amid market uncertainty, and India VIX rose, reflecting increased market fear.
Two Trades for Today: A mid-cap private bank for over 7% rise, a mid-cap fertilizer stock for almost 7% gain
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
2 top stock recommendations from Amit Bhuptani
Currently, we are also seeing that the Fibonacci golden ratio is also coming near 24,400 level. So, closing once Nifty gets above that level on the spot basis, after that we will witness some stable buying in the market.
Profit-taking seen in banking index; 2 stock picks in this market: Sneha Seth
Angel One's Sneha Seth analyzes Nifty and Nifty Bank. Nifty finds support around 24,200-24,300, facing resistance near 24,500-24,700. Profit-taking occurs in the banking index, with support at 54,400-54,500. MGL shows buying interest, potentially surpassing 1400-1405 resistance. SBI Card's chart structure suggests upward movement, supported by its 20 DMA. Seth recommends going long on MGL and buying SBI Card.
F&O Talk: Nifty likely to remain rangebound, Bank Nifty may scale new peaks, says Rahul Ghose
Markets remained volatile amid geopolitical tensions and global cues, but resilience in domestic fundamentals and strong FII inflows offered support. Nifty and Bank Nifty are trading in defined ranges with bullish undertones, while sectors like defence, capital goods, and autos show promise. Experts advise range-bound index strategies and selective buying in strong fundamental stocks like L&T, Cipla, and Ashok Leyland.
Fed rate cut decision, India-Pakistan tensions among 8 factors that'll steer D-Street this week
Indian benchmarks extended gains last week, led by largecaps, even as smallcaps underperformed. The Nifty ended up 1.3%, while the Sensex rose 1.6%. Key triggers this week include the US Fed policy decision, Q4 earnings from SBI and Kotak Bank, macro data, LoC tensions, and crude oil swings. The Rupee breached 84/USD, and FIIs remained strong buyers.
Dalal Street Week Ahead: Traders advised to stay cautious, prefer low-beta stocks as Nifty nears resistance
Despite geopolitical tensions, the markets closed the week positively, with the Nifty consolidating above its 200-DMA. Volatility increased, and the index saw a weekly gain. Caution is advised for the coming week, focusing on low-beta stocks and sectors poised for fresh moves, as the index faces key resistance levels. Relative Rotation Graphs indicate varied sector performance against the broader markets.
F&O Radar | Deploy Bull Call Spread in Nifty to play a volatile to positive stance in index
Nifty opened positively but stayed range-bound below 24,450, forming a small bearish candle. Key support lies at 24,200, with resistance at 24,500–24,650. Options data suggests a 24,100–24,500 immediate range. Traders can adopt a Bull Call Spread strategy to profit from potential upside while limiting downside risk.
Stocks to buy today: Havells, Biocon among top 6 trading ideas for 30 April 2025
Nifty today: Indian markets may open lower on Wednesday amid weak global cues. Nifty futures ended 0.10% lower at 24,429, while India VIX rose over 2%. Analysts see a broader trading range of 23,800–24,800. Chandan Taparia advises holding above 24,200 for upside. Experts recommend stocks like Care Ratings, Biocon, and Havells India for short-term trading.
Load More
