Sensex week ahead: Market turning overbought, rangebound play ahead
The market is an uncharted territory. The 9,620 and 9,735 levels may pose resistance.
Milan Vaishnav CMT MSTA
Market today: Nifty likely to see quiet start and then consolidate
9,525 and 9,580 will act as immediate resistance while supports will be at 9,470 and 9,430.
Market today: Expect volatility due to F&O expiry; 9,380 level crucial
As we enter the expiry of the May series, 9,380-9,400 zone remains critical to watch.
Market outlook: Corrective mood to persist for some time; preserve cash
The 9,425 and 9,450 levels will continue to pose resistance going ahead.
Market outlook: Consolidation on, no meaningful headway on the cards
No structural weakness is expected and the 9,380-9,400 zone will act as important pattern support in the short term.
Market outlook: Nifty to remain rangebound, with minor declines
Going by pattern analysis, there is formation of a sharp wedge on the close charts.
D-Street week ahead: Auto, bank stocks should do better in rollover week
Overbought indicators and expiry week will dominate any bias the market may show.
Watch out! Dollar may rebound soon; to help IT, exporting firms
The 20-year chart of Dollar Index shows why the unit will not remain perpetually weak.
Market outlook: Nifty correction purely technical, may last longer
The 9,450 and 9,485 levels will act as immediate resistance for the Nifty50.
Market outlook: Nifty looks headed for fresh high; but protect profit first
The immediate resistance zone at 9,350-9,375 levels is now expected to act as support.
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