Trade setup: Nifty behaviour against 200DMA key; but MACD is bearish

Trade setup: Nifty behaviour against 200DMA key; but MACD is bearish

In a strong move that the market saw on Friday, Nifty made a fierce attempt to move past the 200-DMA after having faced a hurdle in it over the past several days. The index opened on a positive note, but traded with capped gains for most part of the session. However, the second half of … Read more

Dalal Street week ahead: Signs of fatigue all over; Nifty may see some consolidation

Dalal Street week ahead: Signs of fatigue all over; Nifty may see some consolidation

The domestic equity market ended with gains for the fourth week in a row, as Nifty extended its up-move. However, unlike the previous week, the trading range narrowed considerably, and the momentum appeared to be losing its strength as well. Compared with a 400-point trading range seen in the week before, Nifty this time oscillated … Read more

F&O: Nifty50 major trend positive; supports shift to 10,550-10,450 zone

F&O: Nifty50 major trend positive; supports shift to 10,550-10,450 zone

By Chandan Taparia Nifty opened positive near the 10,800 mark on Tuesday, but failed to hold at higher levels and drifted towards the 10,690 mark in first half of the session. However, the index witnessed a decent recovery of 100 points from lower levels as the bulls took the opportunity to buy the decline. The … Read more

Traders bet on calendar spread as Nifty moves in a tight range

Traders bet on calendar spread as Nifty moves in a tight range

MUMBAI: A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors. The strategy, known as calendar spread, where traders simultaneously sell options contracts in the current month and purchase in the next month, is being recommended by brokers to institutional clients, who see sharp moves in Nifty options’ implied … Read more