Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Market Commentary

| More

Technical Observation - April 1, 2020 - HDFC securities

Posted On: 2020-04-01 17:23:35


Subash Gangadharan - Senior Technical and Derivative Analyst

Markets corrected on Wednesday after the bounce back seen on Tuesday. The Nifty broke its recent lows of 8244, thereby giving the bears an upper hand. The weakness came on the back of rising coronavirus numbers across India and the globe. The total number of confirmed COVID-19 cases in India stands at 1,590. The Nifty lost 343.95 points or 4.0% to close at 8,253.8.

Broad market indices like the BSE Midcap and Small Cap indices lost less, thereby outperforming the Sensex/Nifty. Market breadth was positive on the BSE/NSE. Sectorally, there were no gainers. The top losers were the BSE IT, Bankex, Telecom and FMCG indices.

Technically, while the Nifty has corrected today, it broadly remains stuck in a trading range between the 8200-8680 levels for the last few sessions. Further directional cues are likely to emerge on a move beyond this range.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Weekly View for Markets - Vinod Nair - Geojit

View on GDP numbers for Q4FY20 - Upasna Bhardwaj, Senior Economist at Kotak Mahindra Bank

Technical Observation - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - May 29, 2020 - Bonanza Portfolio

Technical View - May 28, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - May 28, 2020 - Bonanza Portfolio

Market Daily - May 28, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Market View - May 28, 2020 - Vinod Nair, Head of Research at Geojit Financial Services

Technical Observation - May 27, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Nifty climbs 3% with participation from broader markets: Angel Broking

Daily Market Commentary - May 27, 2020 - Bonanza Portfolio

Daily Markets Quote - May 27, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Derivative Insights - May 27, 2020 - Geojit

FX Monitor - May 27, 2020 - Geojit

Daily Markets Quote - May 26, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Daily Market Commentary - May 26, 2020 - Bonanza Portfolio

Technical Observation - May 26, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Index consolidates while broader markets outperform: Angel Broking

Market View - May 26, 2020 - Vinod Nair, Head of Research at Geojit Financial Services

Daily Market Commentary - May 22, 2020 - Bonanza Portfolio

Technical Observation - May 22, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Nifty holds 9000 despite some hiccups: Angel Broking

Nifty reclaims 9100 amid consolidation: Angel Broking

Technical Observation - May 21, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - May 21, 2020 - Bonanza Portfolio

Daily Markets - May 21, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

9000 reclaimed, expect further recovery: Angel Broking

Technical Observation - May 20, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - May 20, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Daily Market Commentary - May 20, 2020 - Bonanza Portfolio

Derivative Insights - May 20, 2020 - Geojit

FX Monitor - May 20, 2020 - Geojit

Technical Observation - May 19, 2020 - HDFC Securities

Daily Market Wrap Up - May 19, 2020 - Mr. Sameet Chavan (Chief Analyst-Technical and Derivatives, Angel Broking)

Markets Daily - May 19, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Daily Market Commentary - May 19, 2020 - Bonanza Portfolio

Derivative Insights - May 19, 2020 - Geojit

FX Monitor - May 19, 2020 - Geojit

Daily Market Wrap Up - Mr. Sameet Chavan (Chief Analyst-Technical and Derivatives, Angel Broking)

Technical Observation - May 18, 2020 - HDFC Securities

Daily Market Commentary - May 18, 2020 - Bonanza Portfolio

Daily Market Update - May 18, 2020 - HDFC Securities

FX Monitor - May 18, 2020 - Geojit

Derivative Insights - May 18, 2020 - Geojit

Stimulus fails to excite, 9000 a key support to watch: Angel Broking

Weekly Market View - May 15, 2020 - Vinod Nair, Head of Research at Geojit Financial Services

Technical Observation - May 15, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - May 15, 2020 - Bonanza Portfolio

Derivative Insights - May 15, 2020 - Geojit

FX Monitor - May 15, 2020 - Geojit







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019