Learn With ETMarkets: Role of economic indicators in stock market analysis

Learn With ETMarkets: Role of economic indicators in stock market analysis

It’s worth pondering why stock prices fluctuate daily despite companies announcing their financial results quarterly. Alongside corporate announcements, macroeconomic factors and indicators significantly influence stock markets. Let’s delve into their role. Which major indicators affect the stock market?Monetary Policy Monetary policy, managed by a country’s Central Bank, balances economic growth and inflation by adjusting interest … Read more

Tech View: Nifty awaiting upside breakout. What traders should do on Thursday expiry

Tech View: Nifty awaiting upside breakout. What traders should do on Thursday expiry

Nifty on Wednesday ended flat with a gain of just one point and formed a small negative candle with a lower shadow on the daily chart ahead of the RBI policy outcome tomorrow. The short-term trend of Nifty continues to be positive. There is a higher possibility of an upside breakout of 21,950-22,000 mark in … Read more

Tech View: Nifty looks poised for another breakout. What traders should do on Tuesday

Tech View: Nifty looks poised for another breakout. What traders should do on Tuesday

Nifty on Tuesday ended 385 points higher to form a long bull candle on the daily chart, indicating chances of an upside breakout of the hurdle at 21750 in the short term. The negative chart pattern like lower tops and bottoms is on the verge of negation as Nifty moved above the previous lower top … Read more

Tech View: Nifty charts call for sell on rise strategy. What traders should do

Tech View: Nifty charts call for sell on rise strategy. What traders should do

Nifty on Wednesday ended 460 points lower to form a red candle on the daily charts with a decisive break below the 20-day moving average of 21,629. Both price and momentum indicators are pointing toward weakness. Nifty has engulfed the gains of the last four sessions but somehow managed to hold the support zone of … Read more

Tech View: Nifty forms Bullish Piercing candle ahead of Thursday expiry. What traders should do

Tech View: Nifty forms Bullish Piercing candle ahead of Thursday expiry. What traders should do

Nifty on Wednesday ended 74 points higher to take support near 20-DMA and form a Bullish Piercing candlestick pattern on the daily chart, suggesting potential bullish momentum. “We are of the view that, 20-day SMA or 21,500/71,250 could act as a sacrosanct support level for the traders. Above the same, the pullback formation is likely … Read more

nifty: Tech View: As a sell-on-rise strategy is in play, what Nifty traders should do on Thursday expiry

nifty: Tech View: As a sell-on-rise strategy is in play, what Nifty traders should do on Thursday expiry

Nifty on Wednesday ended 148 points lower to form a long negative candle on the daily chart placed at the edge of breaking below the immediate support of 10-day EMA. The positive chart pattern like higher tops and bottoms is intact on the daily chart and the present weakness could be in line with the … Read more

nifty50: Tech View: Nifty candle hints at bearishness in near term. What traders should do on Wednesday

nifty50: Tech View: Nifty candle hints at bearishness in near term. What traders should do on Wednesday

Nifty on Tuesday ended 76 points lower to form a reasonable negative candle on the daily chart with a minor lower shadow, which technical analysts say indicates a reversal in the short-term. Positive chart pattern like higher tops and bottoms is intact on the daily chart and present consolidation/weakness is in line with the formation … Read more