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nifty technical analysis

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  Personal View | Nifty forms long bullish candle, indicates strong upside momentum. If the Nifty50 decisively surpassed 17,300 and holds the same, then 17,500-17,600 looks possibility in coming sessions, with support at 18,000-18,100 levels. Bulls came back with a vengeance on May 4 as the Nifty50 clocked nearly a one-percent gain after a day small correction and the FOMC delivered 25 bps hike in fed funds rate with giving signals about potential pause in rate hike cycle. The index gained strength after initial volatility and extended northward journey as the day progressed to hit a day's high of 18,267.45 in late trade. Finally, it settled with 166 points gains at 18,256, the highest closing level since December 20 last year, forming long bullish candlestick pattern on the daily charts with a higher high, higher low formation. If the index decisively surpassed 17,300 and holds the same, then 17,500-17,600 looks like a possibility in coming sessions, with support at 18,000-18,100 ...

How to identify long term investment stocks

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  How to identify long term investment stocks Identifying the best stocks for investing can be a complex process that involves analyzing various factors. Here are some key steps you can take to identify the best stocks for investing: Research the company: Before investing in any stock, it's important to do your research and understand the company's business model, financials, management team, competitors, and overall market outlook. You can find this information through a company's website, financial reports, news articles, and analyst reports. Analyze the financials: Look at a company's financial statements, including its income statement, balance sheet, and cash flow statement, to evaluate its financial health. Look for trends in revenue growth, profitability, and cash flow generation. Also, compare a company's financial ratios to those of its competitors to see how it stacks up. Evaluate industry trends: Understand the broader trends affecting the industry in ...

nifty trading analysis-Nifty retreats after 6-day run, 18,000 crucial for direction.....

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Technical View | Nifty retreats after 6-day run, 18,000 crucial for direction The Nifty50 is likely to remain in the range of 18,000 to 18,200. A decisive move above 18,200 may take the index towards 18,500 . The Nifty50 fell for the first time in seven consecutive sessions after witnessing a one-way 600-point rally from 17,550 to 18,150, and closed with moderate gains on May 3. We have seen correction in technology, metal, oil & gas, and select banking & financial services stocks. The index had opened lower at 18,114 and remained in control of bears amid volatility throughout the session. It closed at 18,090, down 58 points, and formed bearish candle with lower shadow on the daily charts. The profit booking and cautious trade was on expected lines after the six-day run-up and ahead of the outcome of the two-day Federal Reserve meeting tonight. Considering the trend, this is just a normal retreat and the psychological 18,000-mark is expected to act as a crucial area for further...

nifty trading view

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Personal Analysis | Nifty gains for sixth day but looks 18,200 crucial for another session gains. The index opened higher at 18,125, touched an intraday high of 18,180 and with 83 points, or 0.5 percent, higher at 18,148, forming a small-bodied bullish candlestick on the daily timeframe. It made higher tops and higher lows for the sixth day in a row. 18,200 is expected to be next hurdle for the Nifty followed by 18,300-18,500. The psychologically vital 18,000 mark will act as a support followed by 17,900, experts said. The way markets behaved in the last couple of sessions of the previous week, it has certainly lifted our markets in a much safer terrain. The Nifty is now about to enter a crucial cluster of 18,220–18430. Traders against being complacent because surpassing 18,200–18,250 would be a daunting task for the bulls. Profit booking or a time consolidation cannot be ruled out ahead of the next leg of the rally,adding the undertone remains bullish, and the immediate base had shift...

infosys careers

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  Infosys Stock Performance and detailed history Infosys Limited is an Indian multinational corporation that provides business consulting, information technology, and outsourcing services. It was founded in 1981 and is headquartered in Bangalore, India. Infosys is listed on the Bombay Stock Exchange and the National Stock Exchange of India. It also has a listing on the New York Stock Exchange. Infosys has been a highly valued stock in the Indian stock market. Since its listing in 1993, the company's stock has provided excellent returns to its investors. Below is a brief history of the company's stock performance: IPO: Infosys' IPO was in 1993, and the stock was priced at Rs. 95 per share. Early years: In the early years after the IPO, Infosys' stock price remained stable. It wasn't until the late 1990s that the stock started to see significant growth. Dot-com bubble: During the dot-com bubble of the late 1990s and early 2000s, Infosys' stock price experienced e...

technical analysis and trading chart patterns

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  Market Momentum strong further rally possible if Nifty holds 18,000. If momentum continues and the Nifty50 holds psychological 18,000 mark, then 18,200-18,300 are expected to be next resistance levels to watch, with supports which shifted higher to 17,900 followed by 17,800 levels. The Nifty50 remained in a strong momentum after bottoming out at 17,550 and continued its upward journey throughout the week ended April 28 to end above a three-month high. In fact, it was a great beginning for the May series, thanks to positive global cues and a fall in oil prices. The index gained strength after an initial couple of hours of volatility and maintained a northward move for the rest of the session. The index hit an intraday high of 18,089 in late trade and finally settled with 150 points gains at 18,065, the highest closing level since January 24 this year. The Nifty50 has formed a bullish candlestick pattern on the daily charts with higher volumes and making higher highs and higher low...

nifty trading analysis

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  Nifty hits 10-week high, march towards 18,000-18,300 in May series Nifty50 is likely to inch up towards 18,000-18,300 area in May series, with support shifting higher to 17,800-17,700 levels. It was a strong monthly expiry day for the Nifty50 on April 27 as the index has not only been making higher highs and higher lows but also extended a northward journey for the fourth consecutive session. Largely it was driven by most of the sectors, barring FMCG, which closed flat with a negative bias. The Nifty50 opened flat, but after initial volatility, it gradually gained strength as the day progressed and hit a day’s high of 17,932. The index closed near the day’s high, rising 101 points to 17,915, the highest closing level since February 17 and formed a bullish candlestick pattern on the daily charts. Index on the weekly timeframe formed a bullish candlestick pattern making higher tops for the fifth consecutive week. Nifty50 is likely to inch up towards the 18,000-18,300 area from May ...