NIFTY VS DOW DIVERGENCE

DOW JONES INDUSTRIAL AVERAGE – Popularly known as Dow Jones has very high correlation with NIFTY of above 70% plotted over 900 trading days in the past excluding stressful days and 64% including stressful days . The period included major events such as US elections , […]

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Penny wise , Pound foolish!

Indian markets have recently seen a classic example of the old English proverb in the buy back and delisting attempt of shares of the metal and mining giant Vedanta . Vedanta wanted to voluntarily delist its Indian entity and hence came out with a delisting price […]

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Trade setup Expiry – 08 Apr 2021

08th April Outlook ‘Nifty has been unpredictable for intraday traders showing weakness at higher levels , today the nifty was fired up by tech stocks and buying seen in Reliance Industries, with some additional support coming in from bank nifty stocks too . However the expiry […]

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Markets outlook 30th March onwards

After an extended weekend , markets is expected to remain rangebound with a positive bias . Friday saw a broad based relief rally and and interesting uptick in metal sector. Over the weekend the oil eased out on account of the restart of the SUEZ canal […]

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