Friday, January, 2019| Today's Market | Current Time: 11:25:39

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Markets

Market Report Candlestick pattern by Mustafa Nadeem CEO, Epic Research

Nifty on the daily chart made a bullish engulfing Candlestick pattern. Bullish engulfing candlestick pattern is characterized by previous candle being a bearish candle (Nifty made Gravestone Doji) while opening should be below previous candle while close should be above prior high which is evident on the chart. As we earlier signified the importance of […]

Markets

FSSAI extends deadline for food companies to get license

Food safety regulator FSSAI has extended the deadline for food companies to get a license to run their businesses by another three months, to August 4. Decision has been taken after receiving representations from various stakeholders, including food companies and industry associations.

Markets

Nifty on the Daily chart has formed a Gravestone Doji Pattern today – Epic Research

Nifty on the Daily chart has formed a Gravestone Doji Pattern after a bearish engulfing. A Gravestone Doji formation is generally formed in an uptrend having long upper shadow with a small to no lower shadow. Close is approximately same as Open. That’s what we have witnessed today as we underwent a muted trading sessions. […]

Markets

Market Report by Mustafa Nadeem CEO, Epic Research

Nifty have had two major break out today on all time frame of chart as market ended above 8000 mark after almost 6 months. Firstly it has given a range break out of 100 points and extending the same by 150 odd points. this confirms nifty is heading towards 8300 as price pattern suggest […]

Markets

Nifty Report by Mustafa Nadeem CEO, Epic Research

Nifty has formed Bearish one black crow on the daily chart which indicates a reversal may be on the line if we close below 7700. If we are followed by bearish candles then we may see Intermediate trend being changed to bearish side. Today’s negative closing is now confirmation of Nifty trading between a trendline […]

Markets

MCX & Resonance Energy organized a two day workshop in Delhi with the support of IEX, and Petronet LNG

Mumbai: Energy sector is on the path of growth in India driven by the consistent industrial and economic development. Keeping this in mind, India’s leading commodity exchange, Multi Commodity Exchange of India Ltd. (MCX), and Resonance Energy Pvt. Ltd. (REPL), a leading, independent energy advisory & research firm, organized a two day Workshop on ‘Energy […]

Markets

Nifty report by Mustafa Nadeem, CEO, Epic Research

Nifty has rallied more than 1000 points and in this process we have absorbed a lot of news like IIP, Low inflation, above average rainfall estimates and a rate cut, with that, technically we are trading above 200 DMA which is at 7860. So everything is discounted and we are yet to see earnings of […]

Markets

Market movement will depend on Q4 results and macro-economic data : CapitalVia Global Research Ltd.

Nifty Future began the week on positive note and extended the gain in later part of the weekly session on forecast of above average rainfall. Positive macro-economic numbers ( IIP accelerated to 2% as compared to previous -1.5% and CPI inflated lowered to 4.83%) also boosted the investor’s sentiments and it resumed the level of […]

Markets

Market will be depend on global market trend and Q4 Result : CapitalVia Global Research

Market trend report by Mr. Rohit Gadia, Founder & CEO, CapitalVia Global Research Ltd. Week begun on flat note ,remained in negative territory after breaching of the major support level of 7600 as RBI cut the key interest rate only by 25 basis points in its first bi monthly monetary policy review. It hit the […]