Trade Setup: Short-covering led rally likely if Nifty holds 17,000 level

Trade Setup: Short-covering led rally likely if Nifty holds 17,000 level

The mid-day scare proved to be a dampener for the markets that had otherwise staged a remarkable resumption of the up move following two days of really weak trade. The markets opened on a flat note but grew stronger in the morning session and surpassed the 17,300 level. However, uncertainty gripped Nifty once again given … Read more

Trade Setup: Avoid aggressive shorts; market may take a breather from corrective action

Trade Setup: Avoid aggressive shorts; market may take a breather from corrective action

Market Outlook for Monday, October 25, 2021 The Indian equity markets continued to correct for the fourth day in a row as it ended yet another day on a negative note. The Nifty opened on a positive note. It inched higher and marked its high point of the day in the first hour of the … Read more

Bitcoin volatility surges amid flirtation with $12,000 threshold

Bitcoin volatility surges amid flirtation with ,000 threshold

By Amena Saad One of the most alluring aspects of Bitcoin to traders and speculators is back: Volatility. Price swings by the largest cryptocurrency have reached the highest level in about a year in the past few weeks as the digital asset trades around $12,000. Bitcoin crashed almost $500 in a matter of minutes this … Read more

Trade setup: Nifty Put-Call ratio is sending out ominous signals

Trade setup: Nifty Put-Call ratio is sending out ominous signals

In yet another solid bounce, domestic equity indices extended their move on the upside to end with gains. The market saw a better-than-expected start to the session. After opening on a stronger note, Nifty maintained its gains, though it moved in a narrow 40-point range throughout the day. The session remained somewhat jittery, but Nifty … Read more