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Sensex at record high, crosses 39,000 for the first time

Tuesday, April 2, 2019, 7:47 AM

The BSE Sensex on Monday touched a-record-high and crossed the 39,000 mark for the first-time. Around 10.1-am, Sensex hit a fresh record of 38,993 points. At 10.27 am, the Sensex traded at 39,015.26, higher by 342.35 points or 0.89% from the previous close. The Nifty50 on the National Stock Exchange also crossed the 11,700 mark for the first time since September 3, 2018.
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Trade setup: Nifty needs to hold 10,780-10,837 to avoid further fall

Sunday, January 27, 2019, 8:23 PM

Indian stock market witnessed a disappointing session on Friday, as the NSE benchmark Nifty failed to capitalise on the positive start. After testing the 10,932 level, the index once again found stiff resistance in the 10,900-10,950 zone, and it settled with a loss of 69.25 points 0.64%. Indian equities have underperformed both global and Asian peers in the past few days.
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Trade Setup: Nifty50 to continue consolidation below 10,950 level

Monday, January 21, 2019, 7:55 AM

Indian stock market witnessed yet another rangebound session as the NSE benchmark Nifty remained under consolidation. After opening stable and then losing ground in the first half of the trade, the index recovered to end on a flat note. The 50-share pack settled with a negligible gain of 1.75 points or 0.02%. As evident from the charts, Nifty remains in an ascending triangle formation.

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