dalal street outlook

Dalal Street week ahead: Nifty poised for gains, watch for resistance

by
Dalal Street week ahead: Nifty poised for gains, watch for resistance

ET CONTRIBUTORS In the choppy and truncated trading week, the markets extended their gains with some spurt in the volatility as well. In three out of four trading sessions, the Nifty index moved higher. In the previous technical note, it was categorically mentioned that the Nifty has achieved a full throwback by retesting the original … Read more

Dalal Street Week Ahead: Stay cautious of low levels of VIX which leave market exposed to profit-taking bouts

by
Dalal Street Week Ahead: Stay cautious of low levels of VIX which leave market exposed to profit-taking bouts

ET CONTRIBUTORS It was the third week in a row that the markets extended their gains; the NIFTY had staged a breakout when it crossed above the 18880 levels. This has resulted in the NIFTY closing at yet another lifetime high. This has taken the markets into a mildly overbought zone; however, in the process, … Read more