lkp securities

India VIX was up by 1.35% from 15.24 to 15.44 levels. Volatility has been on the rise overall giving swings to the market.On the Monthly Option front, Maximum Call OI is at 18,000, then 17,000 strike, while Maximum Put OI is at 17,000, then…
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Nifty today formed a long bear candle on the daily and weekly charts. Chart readers said the recent swing high of 17,207 could now be considered a new lower top of the sequence.Now, till it holds below 17,000 zones weakness could be seen…
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Nifty today formed a small red candle with upper and lower shadow on the daily charts. Chart readers said such patterns after a reasonable up move signal reversal of the upside post confirmation.The daily momentum indicator has triggered a…
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Gold prices have shot up nearly 8% this year-to-date and the yellow metal has outperformed all other asset classes. As the prices remain elevated, investors must wait for some correction in yellow metal before resuming a buy. While the jury…
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After a gap-up opening, Nifty today formed a small green candle on the daily scale. Chart readers said the index is currently placed at the crucial overhead resistance of around 17150-17200 levels, and the market is now showing signs of an…
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Nifty today formed a bearish candle with long lower shadow, similar to a hammer candlestick pattern, on the daily scale. Chart readers said the pattern indicates that buying can be seen at support zones but absence of follow-up is resisting…
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“The market will continue to remain volatile in the coming week as well. With the US Fed policy scheduled for next week, the market participant will wait to forward commentary,” says Kunal Shah, Senior Technical & Derivative analyst at…
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NEW DELHI: While negating the formation of lower lows of the last 7 trading sessions, Nifty today formed a Doji candle with long lower shadow on the daily scale. Now, it has to hold above 17,071 zones to witness a bounce towards…
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Mumbai: Indian equities extended losses to the fifth straight day on Wednesday with the Nifty ending below the 17,000-mark for the first time in five months amid concerns over the fallout of the US-based Silicon Valley Bank and uncertainty…
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Overlapping the small negative candle of the previous session, Nifty on Wednesday formed a long bearish candle on the daily charts, indicating that bulls are unable to sustain gains.Now, till the index remains below 17,171 zones, weakness…
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