Page 3 - Ravi Nathani

Pullback expected for Nifty50; wait for correction? What analysts say

The Nifty Index has formed its first red candle on the daily charts, signaling a shift in momentum as some bearishness and profit booking have started to emerge

Nifty Pharma presents sell-on-rise opportunity; your trading strategy here

The Nifty Pharma Index remains range-bound, trading between 23,450 and 22,925. A close above or below these levels would act as a directional trigger, leading to either a bullish or bearish breakout.

Nifty IT shows bearish trend, Nifty Auto overbought; trading strategy here

The Nifty Auto Index appears overbought on the near-term charts, indicating a potential pullback in the coming sessions, likely after the monthly expiry.

Nifty Bank in overbought zone; Pvt Bank on the cusp of breakout; details

The Nifty Bank Index has entered the overbought zone according to technical indicators, signalling a potential near-term correction.

Here's how to trade Nifty Financial Services, PSU Bank indices on Sept 24

The Nifty Financial Services Index has recently approached its resistance level of 25,000, which is a crucial round figure for short-term traders.

Sell Nifty50, MidCap Select on the rise; Check support & other levels here

The Nifty 50 Index remains bullish but overbought, indicating a possible near-term correction or profit booking.

Nifty Pharma, FMCG indices range-bound; Check support and other levels here

The Nifty Pharma Index is currently trading in a defined range between 23,700 and 22,700. This suggests that the market is experiencing indecision, with neither buyers nor sellers dominating.

Nifty Auto, Energy bearish on charts; check key levels and trading strategy

The Nifty Energy Index is showing a bearish trend in the near term, as indicated by multiple technical indicators such as RSI, MACD, and Stochastic, which all suggest further downside movement.

Trading Strategy: Nifty Bank, Private Bank show bullish trend; key levels

The Nifty Private Bank Index is currently experiencing a strong bullish trend, with significant gains recorded over the past fortnight

Nifty Financial Services in 'overbought' zone; PSU Bank eyeing pullback

Stock market trading strategy: The NIFTY PSU Bank Index is currently showing a downtrend in the near term, indicating a temporary pullback within its overall long-term bullish trend

Nifty50 index bullish on tech charts; buy dips? Here's what analysts say

The NIFTY 50 index is exhibiting a bullish trend on the charts, making it an attractive option for traders seeking to capitalise on the ongoing upward momentum.

Auto stocks may see fresh sell-off if Nifty Auto breaks 25,150, show charts

Traders should closely monitor this level, as any breach could lead to further downside, and the market might see a sell-off in auto stocks.

Here's how to trade Nifty Bank, Private Bank today; key levels here

The Nifty Bank Index is currently range-bound between the levels of 51,375 and 51,175. A breakout or breakdown from this range will likely trigger momentum in the respective direction.

Nifty Fin Services, PSU Bank: Check support, resistance & other levels here

The Nifty PSU Bank Index is currently positioned in a manner where buying on dips presents the most favourable trading strategy for near-term traders.

Buy on dips strategy suggested for Nifty; Check support & other levels here

The recent correction in the Nifty 50 index should be seen as a pullback within an overall bullish trend on short-term charts. The best trading strategy for both traders & investors is to buy on dips.

Nifty IT faces resistance at 43,200; should you book profits on rise?

The Nifty IT Index is currently displaying signs of nearing a critical resistance level. The immediate resistance level to watch is 43,200

Trading Strategy: Nifty PSU Bank, Private Bank eye breakout; key levels

The Nifty PSU Banks Index is currently range-bound, oscillating between the levels of 7,090 and 6,910. This indicates a phase of consolidation, where the index lacks clear direction

Nifty Financial Services shows bullish trend in near-term; details here

For near-term traders, the optimal strategy is to book profits at current levels, given the proximity to resistance.

Nifty50, MidCap Select index hit key resistance; should you book profits?

The Nifty Midcap Select Index has recently approached its resistance level at 13,200. This level is likely to act as a barrier to further upward movement, causing the index to halt its rally

Nifty FMCG shows signs of near term correction; check key levels here

Support levels are crucial in this corrective phase, and for the Nifty FMCG Index, key support levels are identified at 61,180 and 59,500.