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

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