Precious Metals Under Pressure as Dollar Strengthens, Crude Oil Pulls Back but Supply Risks Remain Elevated, Base Metals Slip Amid Dollar Strength and Energy Shock.
Nifty closed at 23,151.10 after a sharp decline of 5.3% in the last week and nearly 10.8% in the past month, indicating heavy profit booking and risk-off sentiment in the market. Now study profitable option strategy.
Bank Nifty closed at 53,757.85 after a sharp correction of nearly 7% in the last week and 11.5% in the last one month. Now study its option trategy.
Reliance Industries closed at Rs. 1380.70 after a mild decline. The stock has corrected nearly 6% in the last one month. Momentum indicators suggest that the downside momentum is losing strength. Now study option strategy for 16 March.
SBI closed at Rs. 1047 after a sharp correction of 8.4% in one week and 11.5% in one month, pushing most momentum indicators into extreme oversold territory. Now study option chain strategy.
Eternal has corrected sharply with the stock declining 28% in one month and nearly 26% in three months, pushing most technical indicators into extreme oversold territory. Now study Option Chain Analysis.
Todays breakout stock has been witnessing strong momentum over the past few weeks, gaining nearly 40% in the last one month and 42% in the past three months,
The USD/INR pair closed at 92.5289, gaining 0.1545 points (+0.17%), continuing its upward bias amid persistent global risk concerns and rising crude oil prices. The chart structure clearly indicates that the rupee remains under pressure,
Indian markets witnessed heavy selling pressure on Monday, March 9, as the escalating US–Iran conflict continued to unsettle global investors. Bagadia advises traders to remain cautious near key support levels
