APN News

  • Monday, June, 2019| Today's Market | Current Time: 10:38:13
  • Nifty making a NR5 pattern which means narrow range continuation for 5 continuous days say Epic Research

    by Mr Mustafa Nadeem, CEO, Epic Research Pvt. Ltd. Epic Research is a leading financial services provider dealing in Equities Derivatives, Commodity, Forex. Nifty on the daily chart ended down making a third inside bar candle as bulls defended the crucial support of 8600 on closing basis. Nifty ended down for third consecutive day making […]

    NIFTY may see some buying with good momentum seen in HCL, INFY and TCS ahead of result : Epic Research

    Nifty ends the day on a negative note making a short black candlestick signifying a limited price movement. Small black candlestick signifies the selling pressure which is relatively weak with a limited price movement as Nifty had multiple resistance and confluence of levels at 8550. Nifty managed to hold 8500 level on closing basis as […]

    Quarterly results and WPI inflation will increase volatility in the market: CapitalVia Global Research

      Nifty started the week with an uptick following the mete department’s outlook of above the average rainfall, which boosted up the market sentiment. However failed to gain momentum due to profit booking at higher level and ended the week nearly flat at 8342.50 with a net loss of 13 points on weekly basis. Market […]

    MCX’s MD & CEO sets priorities for the Exchange

    Mumbai:  In an introductory meeting with the members of the media fraternity held today, Mr. Mrugank Paranjape, the MD & CEO of MCX spelt out his vision and the priorities of the exchange in the near future. He also clarified the Exchange’s stance on various subjects. He expressed confidence that the challenges the exchange was […]

    Reaction on RBI monetary policy review from Epic Research

    Mr. Mustafa Nadeem, CEO, Epic Research Pvt. Ltd. post monthly monetary policy announcement. The RBI policy was no action at all and it was not even expected in the market as well.  It was as muted as it was expected to be with undertone of the Governor was looking at various aspects as RBI was […]

    Market Report by Mustafa Nadeem CEO, Epic Research

    Nifty had a gap up opening today after a bullish engulfing candle yesterday while it ended down making a reversal pattern. The small red candle body indicates bears have emerged at higher end and if followed by a red candle then will see making of evening doji star pattern. Though there is a range play […]

    RBI policy will direct the market movement next week: CapitalVia Global Research

    Nifty Future started the week with a gap up and continued to move higher throughout the week. Strong GDP data with expectation of good monsoon this year helped to boost positive sentiment. FII remains net buyer mostly this week and market trend seems strong. Nifty June future gave closing above its previous six month’s high […]

    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 […]

    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.

    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. […]