US stimulus hopes help stocks

Stock markets are showing small gains as the trading session draws to a close.  Europe The bullish mood in the US has lifted sentiment on this side of the Atlantic. Steven Mnuchin, the US Treasury Secretary, said he will give one more go at trying to come to an agreement with the Democrats with respect…

Day trading guide for Tuesday’s market

The benchmark indices witnessed a strong rebound in the last two sessions from the vicinity of the 200 days SMA amid oversold placement of daily stochastic oscillator. Going ahead, in the ongoing truncated week we expect the index to consolidate with positive bias in the range of 11000-11500 levels amid stock specific action ahead of…

Day trading guide for Monday’s market

Nifty formed a bullish candle on the daily scale and a bearish candle on the weekly scale, indicating some bounce back from lower levels. However, supply pressure remained intact at higher levels. Now it needs to hold above the 11,000 mark to witness a bounce towards 11,111 and then 11,250 marks while on the downside…