Further to the market: 10 items that will determine the stock market action on Monday

On Friday, the benchmark indicators of India were overcome, which took advantage of the second straight day as investors were excited on banks, consumers and metal stocks, yet the trade remained in large quantities. The Nifty closed at 24,894.25, up 57.95 points or 0.23%, while the Sensex settled at 223.86 points or 0.28% ahead at 81,207.17. Meanwhile, the volatility gauge India wicks slip 1.6%, indicating a steady spirit through the session.

Here’s how analysts read the market pulse:

Sentrum Broking Technology and Derivatives Research Analyst said that the day’s action Nilesh Jain, commenting on the head, head, the Nifty has passed over 24,830 from its key 50-DMA and made a bullish candle on the Daily Chart for another straight session.

“After a steep decline of last week, the index of the re -recovery was shown by closing the mark of 24,800. Looking forward, the SMOT move seems likely, and the crucial breakout from this level to a rally towards 25,500 can open the way to the RSI.”

With the main technical indicators being supportive, the uptrend is likely to continue in terms of it.

“As long as the Nifty is above 24,600, the Buy-on-Dips strategy remains favorable. In addition, India Vicks posted a sharp 10% drop this week, indicating low instability,” said the Central Vis.

US

European markets

Technical view

Decoding Charts, Harinish Yedway, ASIT C. Mehta Investment Intermittent’s AVP Technical and derivative research said that the Nifty was found in 100-demas, and eventually settled on a positive note at 24,894.

“On the daily chart, the Nifty formed a bullish candle near 100-Dema (24,747), which is a signal power, while an internal bar Cand Cand Nudalstick pattern was formed in the weekly chart index. Retracement level.

Most active stocks in terms of turnover

Tata Investment (Rs 671 crore), NetWab Technologies (Rs. 317 crore), Kotak Mahindra Bank (Rs. 151 crore), Tata Motors (Rs. Can help identify counters with turnover.

The most active stocks in terms of volume

Vodafone Idea (traded shares: 7.03 crore), PC jeweler (traded shares: 70.44 lakh), Yes Bank (traded shares: 1.26 crore), Adani power (traded shares: 95.43 lakh), Suzlon (traded shares: 555 lakh) (555 lakh) (555 lakh) View) Shares: 53.09 lakh crore) The most actively traded stocks were in terms of volume on BSE.

Stocks showing the purchase interest

Atlanta, V-Mart Retail, Orient Technologies, V2 Retail, PN Gadgil Jewelers, Orissa Minerals Development Company, AAA Technologies and KIOCL were in stocks, with strong interest in buying from market participants.

Also Read: Gainers and lost: Tata investment in 8 stocks on Friday that hogs the limelight

52 weeks

In more than 190 stocks, they have reached 52 weeks. Those who have scored their 52 -week sto plots include Drugs and Pharmaceuticals, Ayash Art and Bullion, Aditya Birla Capital, ABM Knowledgeware, AGI Infra, Avakar Infra Realty, Alan Scott Enterprise, Aventel, and Fortis Health.

Stokes by looking at the pressure of sale

The big cap names were Max Healthcare, Tech Mahindra and Eicher Motors. Other stocks were Bazaar Style Retail, Sigma Solve, The Grob Tea Company, Jain Resource Recycling, Tata Investment Corporation, Blue Coast Hotels, UniMac Aerospace and Manufacturing and Sejal Glass.

Sentiment meter favors bulls

In banking heavyweights like Bharti Airtel, Larson and Toubro (LT) and Axis Bank, action was the highest withholding markets by ensuring a positive dam. The width was also positive in widespread markets. October Chatber, on Friday, 2,636 stocks out of 4,339 stocks traded on BSE, declined by 1,568 while 135 stocks remained unchanged.

(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)