Tag Archives: taparia

nifty bank: Nifty Bank: Key levels to watch out for on Monday – Blue Barrows

The outcome of the US Fed monetary policy has left Nifty Bank among the worst performing index in India. On Friday, it crashed around 1,084 points to end the week at 39,546.25. Chart readers said that key resistance and support levels for the index are 40,000 and 39,000, respectively, as it remains on sell-on-rise mode. […]

Tech View: Bloodbath on D-St! Should traders go short on Monday? – Blue Barrows

The US Fed jitters kept equity and currency markets on edge. The S&P BSE Sensex plunged more than 1,000 points while the Nifty50 broke below a crucial support at 17,400 and also briefly slipped below 50-DMA but then bounced back. The short-term moving average for the Nifty50 is at 17,315. The index bounced back after […]

nifty bank: Nifty Bank: Key levels to watch out for on Friday – Blue Barrows

Nifty Bank was among the worst performing sectoral indices after US Fed Chair Jerome Powell’s hawkish projections. Led by losses in heavyweight , the index managed to sustain above prior week’s low and ended with a loss of over 570 points. The index has support at 40,000 levels while resistance stood at 41,500 levels. Nifty […]