Distribution Day Count: Two Distribution Day Count
Nifty opened on a flat-to-positive note today and quickly turned negative. It moved in a narrow range in the first half of the session. In the second half, it was highly volatile, selling pressure was followed by buying, which helped Nifty ... Views: 304
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow 30, +0.5%; Nasdaq, -0.5%; S&P 500, +0.1%; Nikkei, +0.6%, Kospi, -0.3%; Shanghai Composite, +0.1%
Nifty opened on a positive note yesterday and extended gains in the first half, making a new all-time ... Views: 303
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: 303
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: 303
The ‘N’ in the CAN SLIM canslimStory strategy stands for either a ‘New Product,’ ‘New Management,’ ‘New High,’ or any other new factor, which could positively change the operating environment for the stock and ultimately drives its price into newer realms.
Contrary to conventional wisdom, ... Views: 302
Yesterday, Nifty opened lower but rebounded quickly and gained almost 100 points from low. It gained more strength as the day wore on and made a high of 11,950. However, due to some selling pressure, Nifty closed below 11,900. Nifty is trading 3.7% and 11% above is 50- and 200-DMA, ... Views: 302
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow30, -0.2%; S&P 500, -0.2%; Nasdaq, -0.4%; Nikkei, -0.7%; Kospi, +0.5%; Hang Seng, +1.1%
Yesterday, Nifty opened at a record high above 13,900 but witnessed profit booking and traded toward the day's low ... Views: 301
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow30, +1.1%; S&P 500, +1.3%; Nasdaq, +1.3%; Nikkei, +0.2%; Kospi, +0.3%; Hang Seng, +0.7%
Nifty made a muted opening yesterday and slipped further in the initial hours of the trading session. However, it ... Views: 301
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow 30, +0.2%; S&P 500, +0.6%; Nasdaq, +1%; Nikkei, +2.4%; Hang Seng, +1.3%; Kospi, -0.1%
Last week, Nifty started on a strong note and closed above 14,000 decisively on Monday. Also, it traded above 14,000 ... Views: 301
Market status: Confirmed Uptrend
Distribution Day: Two
Global stock markets: Dow30, +0.2%, S&P500,+0.2%, Nasdaq,-0.1%, Nikkei, +0.2%; Kospi, +0.3%; Hang Seng, +0.3%
Yesterday, Nifty opened on a flat-to-positive note and quickly turned negative. It moved in a narrow range in the first ... Views: 301
MarketSmith India Stories
Godrej Industries stock has broken out of a 5-week, 11% deep Flat Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 0% away from the ideal buy price of INR 555.
In the last twelve ... Views: 300
Market status: Confirmed Uptrend
Distribution Day: Two
Yesterday, Nifty opened on a slightly positive note. It quickly succumbed to selling pressure and turned negative to make an intraday low of 12,790. Fresh buying was seen post noon as Nifty rallied more than 200 points from the day's ... Views: 300
Market Pulse: Confirmed Uptrend
Distribution Day Count: Nifty50 - Three Nifty Midcap100 - Four Nifty Smallcap100 - Five
Global stock markets: Dow 30, -0.8%; Nasdaq, -0.9%; S&P 500, -0.7%; Nikkei, +0.7%; Kospi, +0.7%; Shanghai Composite, +0.4%.
Nifty opened on a weaker note yesterday but ... Views: 300
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: 300
“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: 300
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: 300
Today’s Action
Nifty, -13%; Sensex, -13.2%; Nifty Midcap, -13%; Nifty Smallcap, -12.9%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Downtrend
Nifty, after a gap down opening, hit 10% lower circuit leading to a trading halt for 45 min. After the trading resumed, the index ... Views: 299
Market status: Confirmed Uptrend
Distribution days: Four
Global stock markets: Dow30, -0.5%; S&P 500, -0.8%; Nasdaq, -1.7; Kospi, +0.2%; Hang Seng, +1.4%; Nikkei, +0.3%
Yesterday, after opening more than 100 points higher, Nifty quickly pared its gains to turn negative for the session. ... Views: 298
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow 30, +0.04%; Nasdaq, +0.04%; S&P 500, +0.2%; Nikkei, -1.9%, Kospi, -1.2%; Shanghai Composite, +0.07%
Last week, Nifty traded in the range of 16,150–16,350 for the first three trading sessions. Despite ... Views: 296
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow 30, +0.8%; S&P 500, +1.4%; Nasdaq, +2%; Nikkei, +0.8%; Hang Seng, +0.1%; Kospi, +0.7%
Yesterday, Nifty opened in the green and extended its gains as the day wore on, hitting a new all-time high. However, ... Views: 296
Before deciding on the strategies that one should incorporate while determining the stocks that they want in their portfolio, we should first know a little about how to analyse the market and what market trends indicate in order to come up with an adequate strategy for deciding your ... Views: 294
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow30, +0.2%; S&P500, -0.1%; Nasdaq, -0.2%; Nikkei, +0.7%; Kospi, +0.1%; Hang Seng, +0.1%
Last week, Nifty continued its momentum and hit a new high for three consecutive days. However, on Thursday, the ... Views: 293
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Nifty had a gap up opening with a gain of 65 points. The momentum continued during the session as the index made a fresh all-time high of 16,290. Also, one distribution day expired today, decreasing the count to three, which is ... Views: 292
Market Pulse Confirmed Uptrend Confirmed Uptrend
Distribution Day Count: Two
Nifty opened at record highs and traded in a narrow range for the first 30 minutes. After which, the index saw a selling pressure which dragged index 300 points lower from intraday peak of 13,145. Today’s action ... Views: 292
Market Pulse: Confirmed Uptrend
Distribution Day Count: Nifty50 - Three Nifty Midcap100 - Four Nifty Smallcap100 - Five
Global stock markets: Dow 30, +0.3%; Nasdaq, -0.2%; S&P 500, +0.3%; Nikkei, +0.05%, Kospi, -0.7%; Shanghai Composite, -0.08%.
Nifty opened on a flat note yesterday and ... Views: 291
Today’s Action
Nifty, -4%; Sensex, -4.1%; Nifty Midcap, -2%; Nifty Smallcap, -1.5%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Confirmed Uptrend
Nifty staged a downside reversal closing near the lows but on a lower volume. Nifty Bank and IT saw high selling pressure. ... Views: 289
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +1%; S&P 500, +0.6%; Nasdaq, +0.7%; Kospi, +0.7%; Nikkei, +0.7%; Shanghai Composite, +0.5%
Yesterday, Nifty gapped up by almost 60 points. It crawled higher and moved above 15,800. However, the ... Views: 288
Anybody who said that women can’t trade, seriously got it all wrong! As investing requires patience and discipline, 2 qualities that are inherent to an individual. And as the saying goes, where there is a will, there is a way! Brokerages have reported a sharp rise in women traders over the past ... Views: 288
Global stock markets: Dow 30, -0.6%; S&P 500, -0.8%; Nasdaq, -1.3%; Nikkei, -0.3%; Hang Seng, +0.1%; KOSPI, +0.5%
Last week, Nifty started on a negative note, fell more than 2.2%. However, it found support at its 21-DMA on Monday. In the next four sessions, the volume of shares traded dried ... Views: 287
IPL 2020 began with a bang, and now all cricket enthusiasts are busy talking about their favourite team, player, intriguing statistics, and unique insights from the mega event. The 13th edition of the IPL kicked off on a high with a super-over game in the first week and some brilliant ... Views: 285
These include the idea of buying a stock with its price on the way down so that your average cost goes lower and the notion that you can always make money by buying low, selling high.
Today, the myth that a growth investor should never fall for is the false promise of riches from penny ... Views: 284
Nifty gapped lower this morning, following global cues. After finding support near 11,600, Nifty moved 100 points off-lows in the first hour itself. After trading with modest losses, Nifty slipped in the second half and closed 50bps lower. VIX has increased to 24 from a low of 17 at the start of ... Views: 284
In cricket, some players thrive in the fast-paced T20, while others are at their best playing patiently for five days in a test match. In the stock market, some traders brace high risk-reward scenarios prevalent in trading. They are constantly in the thick of things and are required to make ... Views: 283
Today’s Action
Nifty, -3.0%; Sensex, -3.2%; Nifty Midcap, -3.1%; Nifty Smallcap, -3.8%; Model Portfolio, 0%
Market Pulse Confirmed Uptrend
Indian markets reacted sharply to the global cues after prices of WTI crude crashed and landed in negative territory for a while. Nifty gapped down ... Views: 283
“For the best prospects, do a price and volume check of each week within the stock’s base to help you conclude if the stock is showing sound accumulation or too many price and volume defects. Next, do a fundamental analysis checking for excellent earnings, sales, and return on equity.” – William ... Views: 282
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: 281
MarketSmith India Stories
Godrej Industries stock has broken out of a 5-week, 11% deep Flat Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 0% away from the ideal buy price of INR 555.
In the last twelve ... Views: 280
Nifty opened with modest losses. It moved sideways in early hours, but selling pressure intensified in the second half, dragging it below 11,800. Nifty closed less than a percent above its 21-DMA. Nifty is trading 2.3% and 10% above its 50- and 200-DMA, respectively. Today’s volume was a little ... Views: 280
While analysing which stocks to invest in, it is important for retail investors to consider both fundamental and technical analysis of the stock. The CANSLIM investment methodology, devised by our founder, William J. O’Neil, does exactly that. While both these aspects are extremely important, ... Views: 278
We all know the significance of market status in determining an investor’s stance in the CANSLIM style. It not only helps you realize gains by being aggressive when the risk is low but also protects you from unwarranted risks in markets.
When the market is in a Confirmed Uptrend, it is the best ... Views: 278
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow30, +0.2%; S&P 500, +0.1%; Nasdaq, +0.2%; Nikkei, -0.5%; Kospi, +1.9%; Hang Seng, +0.4%
Yesterday, Nifty gapped up about 50 points but remained volatile through the day and made a low of 13,865. However, ... Views: 277
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: 277
Market status: Confirmed Uptrend
Distribution Day: Two
Global stock markets: Dow30, +0.8%; S&P500, +0.9%; Nasdaq, +0.7%; Nikkei, -0.3%; Kospi, -0.6%; Hang Seng, -1.5%
Nifty closed in positive territory on all four sessions of the last week. It made a new high on Friday and closed in the ... Views: 276
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: 276
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: 276
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Nifty after a flat opening witnessed strong buying interest from investors throughout the day. It formed higher highs and higher lows in the hourly chart and closed 0.5% higher. In the process, the index hit a fresh high. Volume ... Views: 275
“For the best prospects, do a price and volume check of each week within the stock’s base to help you conclude if the stock is showing sound accumulation or too many price and volume defects. Next, do a fundamental analysis checking for excellent earnings, sales, and return on equity.” – William ... Views: 271
Which stocks to buy? Techno-Fundamental research and analysis
Many retailers invest in companies without knowing their products/services or their CEO or their past track record. But, a well-informed investor looks into a company’s annual report to know about its management, prospects, and ... Views: 271
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: 270
Today’s Action
Nifty, -0.8%; Sensex, -1%; Nifty Midcap, +1.3%; Nifty Smallcap, +1.3%; Model Portfolio, -0.2%
Market Pulse Confirmed Uptrend
Nifty, after a gap up opening, traded in a narrow range in the first half of the trading session. However, the index shed all its gains in the last ... Views: 268