Tag: daily big picture

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Daily Big Picture – Benchmark Indices Starts the Festive week with a Crackling Sound

MarketSmith India_William Oneil India

Today’s Action:

Both the Nifty and the Sensex made an all-time high today and sets the perfect tone for the upcoming festivals. As the key indices crossed their previous resistance, the market is now back to “Confirmed Uptrend.”

Current Outlook:

– Market environment conducive for new purchases, but remain selective.

– Focus on fundamentally strong stocks breaking out of strong technical patterns.

– Stay disciplined and exercise sound buy and sell rules.

Daily Market Review

Key Indices started their festive week on a splendid note, as both the indices touched fresh highs. The strong earnings result, posted by the companies, uplifts the spirits of the investors.

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Daily Big Picture – Bulls Help the Nifty to Reclaim Mount 10K

DailyBigPicture-MarketSmithIndia-WilliamOneilIndia

Today’s Action:

Benchmark indices experienced a range-bound trading session today. The Nifty closing above 10k and higher trading volumes in both the indices depicts a positive sentiment among the investors. Broader and Sectoral indices were also in a bullish mood.

Current Outlook:

– Be cautious with any new purchases.

– Make a defensive game plan for your portfolio.

– Stay disciplined and exercise sound sell rules.

Daily Market Review

Equity indices observed a volatile trading session today, ahead of earnings season and continued tensions in korean peninsula. However, both the indices extended their gains today, while the Nifty reclaims the 10k peak.

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Daily Big Picture – Indecision on the Street as Bulls and Bears Fight it Out

DailyBigPicture-MarketSmithIndia-WilliamOneilIndia

Today’s Action:

Benchmark indices traded with gains for most part of the day and closed with minor gains. Broader indices show a mixed picture, with the Nifty Smallcap index notching up gains, while the Midcap index ends flat with a negative bias.

Current Outlook:

– Be cautious with any new purchases.

– Make a defensive game plan for your portfolio.

– Stay disciplined and exercise sound sell rules.

Daily Market Review

The benchmark indices opened on a positive note in today’s session. After slipping into losses in the early part of the day, the headline indices marched higher as the day progressed. By the close of the session, however, the indices could not hold onto most of their gains and eventually ended flat with a positive bias.

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Daily Big Picture – North Korean Woes Continue to Plague Market

Today’s Action:

Geopolitical tensions weigh on the benchmark indices. Recovery in the second half trims losses.

Daily Market Review

The Indian market started the week on a negative note, tracking news from the Korean peninsula. The benchmark indices witnessed selling pressure after the North Korean military conducted fresh nuclear test over the weekend. A similar state was observed in other major markets across the globe. Earlier today, South Korea reported that North Korea may be preparing for another missile launch following its hydrogen bomb test on Sunday.

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Daily Big Picture – Global Market Weakness and SEBI Action Drag Indian Market

DailyBigPicture-MarketSmithIndia-WilliamOneilIndia

Today’s Action:

Benchmark indices extended their losses from yesterday, due to global geopolitical tensions and uncertainty following SEBI’s action against alleged shell companies. Broader markets underperformed the headline indices.

Daily Market Review

The benchmark indices had a week session, with the key indices trading in red throughout the day. The key indices opened in red, as the Asian markets and the U.S. stock futures were subdued after an escalation in tensions on the Korean peninsula. North Korea has warned that it is “carefully examining” plans for a missile strike on the U.S. Pacific territory of Guam.

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