The Nifty50 index opened in the positive, but failed to hold its gains and corrected towards the 9,900 mark. It closed in the positive for the third consecutive session and has been making higher highs and higher lows on the daily chart.Recently, the index rallied from 9,685 to 9,947 and formed a Spinning Top candle on the daily scale which indicates that the bears again started fighting to restrict its positive momentum.Now if the Nifty50 index sustains below 9,880, then some profit booking could drag it towards 9,820 and the 9,775 levels, while holding above the 9,928 and 9,950 levels could drive a fresh bounce towards 10,000 and 10,050 levels.The index recently fell around 450 points from 10,138 to 9,685 and almost completed its 61.80% Fibonacci retracement.call failed fresh higher index levels mark Nifty50 positive writing
A number of market participants have begun making year end predictions about where they believe stocks will finish. VXX will cost you 0.89% while XIV has an expense ratio of 1.35%, and those numbers don’t include the daily adjustment costs.ETF higher investment market months predictions stock VIX VXX XIV
These have been some of the strongest stocks over the past six months, and so far, they aren't showing signs of letting up. After a slight drop off their highs, the pullbacks could already be nearing an end as the stocks once again start to show signs of strength.breakout higher past months PENN signal stock stop loss swing traders upside
CVS (CVS) has been a bit of a disappointment for shareholders in the past couple of years. An upbeat Q2 report had the stock perking up and some important technical hurdles have been crossed, so is this the time where you can actually buy CVS?bullish CVS growth higher margin mentioned rally Revenue stock upside
Due to a low valuation Dick's Sporting Goods has some merit for investors willing to take on some risk.
With the opening of new stores the company could potentially increase its operating margin (due to overhead expenses being distributed over a higher store count and a higher revenue number) -- Dick's was able to lower its SG&A expenses (as a portion of sales) from 22.5% to 21.8% over the last year.current Dick earnings flow higher investors operating quarter sales shares
BENGALURU: US stocks opened higher on Wednesday morning ahead of the latest Federal Reserve 's minutes, which will offer investors clues on future interest rate hikes this year.The central bank will release the details of the July policy meeting at 1400 ET (1800 GMT).Policymakers unanimously decided to keep interest rates unchanged at the July 25-26 meeting and said they planned to reduce the central bank's massive holdings of bonds "relatively soon". On the Nasdaq, 1,525 issues rose and 660 fell.bank Bengaluru central higher interest July meeting opened rate stocks
U.S. stock futures were trading significantly higher in step with European equities amid reports that the European Central Bank will maintain monetary accommodation, and as risk aversion continues to dissipate across global bourses.accommodation bank bourses central early Euro European futures higher monetary
Canada's benchmark index looked set to open higher on Wednesday after oil prices returned to the positive territory, following good news from the American Petroleum Institute (API). Traders are anticipating the minutes of the Federal Open Market Committee's monetary policy meeting and will look for hints when the bank might raise key rates again.API barrel benchmark Canada crude higher index looked report Wednesday
The one trend that dominated more than half of the eight-year bull market is that investors have managed to keep finding new reasons to buy stocks after every sell-off.
Paychex Inc. (NASDAQ: PAYX) was raised to Equal Weight from Underweight with a $55 price target (versus a $55.59 close) at Morgan Stanley.analyst closed higher Inc NASDAQ NYSE raised rating stock versus
NEW DELHI: The Nifty50 rallied over 100 points on Wednesday to close at a kissing distance of the 9,900 mark. But for a bigger rally, the NSE barometer needs to break above the strong resistance at 9,970, say analysts.Chandan Taparia of Motilal Oswal Securities sees short-term support for the Nifty50 at 9,820 and 9,775 levels.“The index has formed higher highs and higher lows for last two sessions.formed higher index level mark rally session strong Technical zone
The Nifty50 index managed to hold above the 9,975 level and witnessed a strong rally of more than 100 points towards the 9,900 mark. Significant Put writing was seen at strike prices 9,800, 9,900, 9,700 and 9,600 which is supporting the upward move, while Call unwinding was seen at strike prices 9,700, 9,900 and 10,050, which could create scope for the Nifty50 to head towards the psychologically important 10,000 mark.India VIX fell for the second consecutive session by 1 per cent to 14.25.higher index level mark Nifty50 rally strike strong The witnessed
Once again the stock market has pulled back, this time purportedly due to rising tensions in a broke-ass country that claims to be able to fire a bottle rocket at a US territory.
As always you can see details of individual charts and more on my StockTwits page.bullish continues higher market narrative November reversal rising RSI Trend