Weekly Derivative Research Report

Our markets had a bumper opening on Monday citing to fading concerns with respect to US debt ceiling over the previous weekend. However, all headline indices did not capitalise on this head start. With lack of conviction at higher levels, the upside was not only restricted; but also went on to witness a gradual decline …

We had a promising start on Monday citing to favourable global cues. The move extended with the help of few heavyweights chipping in to close above 18300 on the same day. However, on the subsequent sessions, the tentativeness was visible at higher levels which once again pulled the benchmark index lower to retreat towards 18200 …

The Indian equity markets had a strong start to the week, with the Nifty50 index soaring to new highs of the calendar year (18458.90) and levitating the market sentiments. However, the grip got loosened from the bulls at the highs and the market slid to a lower zone throughout the week. Eventually, some sign of …

The Indian equity markets had a spectacular start to the week, taking cues from the positive global developments over the weekend. The benchmark index Nifty50 witnessed continuation in the uptrend consecutively for the third week and settled at the highest point in the current calendar year on a closing basis. Amidst the robust trading week, …

After an extended weekend, we started the week on a pleasant note owing to smart rally in US markets on previous Friday. In the initial trades, we extended the move to challenge the 18200 mark. However, due to lack of conviction at higher levels, Nifty slipped into a consolidation first and a tiny bit profit …

Our markets started the session on a flat note as indicated by the SGX Nifty. In the first half, we observed consolidation in the benchmark index; but stock specific action continued to attract traders’ attention. As we stepped into the latter half, the bulls regathered some strength which then accelerated towards the fag end to …

The Indian equity markets took a breather post three weeks of consecutive rally, wherein the benchmark index witnessed a cool-off from the higher grounds. Overall, it has been a decent week where the Bulls opted to take some money off the table. However, the broader market had a splendid move that kept the momentum for …

After an extended weekend, our markets started with a small upside gap on Monday; however, post the opening there was no major traction within the key indices. As the week progressed, the optimism was back, as Nifty continued with its northward journey where the bulls capitalized on every Intra-week dip. The winning streak continued for …

The Indian equity markets had a splendid move in the truncated week, wherein the benchmark index Nifty50 witnessed continuation in the uptrend post the consolidation breakout in the previous week. The broad-based buying emergence showcased the eagerness of the bulls to levitate the market amidst favorable conditions. With a robust trading week, Nifty soared nearly …

The financial year 2023 adieu on a positive note, wherein the benchmark index finally headway to emerge from the slumber phase on the very last day of the year. Overall, the truncated week was quite challenging as the market initially stayed within a slender range, but the last two sessions were surprisingly buoyant, which levitated …

We had a nervous start to the week to challenge the previous swing low of 16850. Fortunately, the buying emerged at lower levels which was then followed by an extended rebound in next two sessions, ahead of key FED policy. On Thursday, suddenly markets took a U-turn from the strong resistance zone of 17200 – …

Our market started the week on a bleak note taking cues from the weak global bourses, wherein the benchmark index slipped below the 200 SMA and dented market sentiments. Nifty remained under pressure throughout the week, clocking new lows in the current calendar year till the day of weekly expiry. However, a modest recovery was …