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Index outlook: Nifty faces resistance at 16,000 - The Hindu BusinessLine

Time to stay alert as profit-booking and selling pressure can emerge at higher levels ....

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Index outlook: RBI meet outcome to decide Nifty's record-breaking course

The 50-share index has surpassed near-term hurdle at 15,200 but faces next barrier at 15,500 ....

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Will benchmark indices break out this week? - The Hindu BusinessLine

Nifty can test the nearest support at 14,500 level if it continues recent fall ....

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Index outlook: Will Q4 earnings be a bright spot for market amid Covid surge?

An emphatic break-out of 15,000 for Nifty will reinforce the bullish momentum ....

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Index outlook: Be cautious of the key hurdles for Sensex, Nifty this week

Index outlook: Be cautious of the key hurdles for Sensex, Nifty this week
Await cues from global market for further direction
The domestic benchmark indices the Sensex and the Nifty 50 advanced higher amid volatility last week. The indices are likely to take cues from global markets for the direction this week.
Nifty 50 (14,867.3)
The Nifty 50 index advanced 360 points, or 2.5 per cent.
The week ahead: The index now tests its 21- and 50-day moving averages and is poised marginally above key resistance level of 14,815. It can continue to move higher and test the subsequent vital resistance ahead at 15,000-mark which is a psychological barrier . A conclusive breakthrough of this barrier will bring back bullish momentum to the index that will have the potential to take it northwards to 15,200 and then to 15,400 levels over the short term. Failure to move beyond 15,200 can witness a minor pull back before the index tests the crucial hurdle at 15,400 levels. ....

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