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Wednesday, October 27, 2021

Market Live: SGX NIFTY is giving indications, the beginning of the Indian market may be strong

08:10 AM

strategy on nifty

Virendra Kumar of CNBC-Awaaz says that its resistance zone is visible at 18241-18263. The major resistance zone is at 18310-18344. The base zone is visible at 18134-18111 and the larger base zone at 18049-17992. FIIs figures good, it is difficult to determine the extent of the market. Heavy put writing at 18000-18200 is the zone for 18300-200 call writers. Stay long, buy the downside break above 18118-18079. If you go above 18241-263, then 18310 is also possible. If you get 18263-310 then book profit also.

08:00 AM

strategy on nifty bank

Virendra Kumar on Nifty Bank says that its resistance zone is 39090-38950 and the bigger resistance zone is 38840-38750. The base zone is 38413-38278. The larger base zone is 38144-38070. Bank stocks trended lower yesterday on the back of buying in Tata Group shares. Heavy call writing at 38700-39000, it will be difficult to cross. 39000 Big hurdle but bullishness can come anytime. Stay long, SL on the base zone first. If above 38840 then 38950-39090 is also possible.

07:52 AM

RIL’s statement on ZEEL-INVESCO dispute

Reliance regrets being named in the ZEE-INVESCO controversy. Confirmed the deal with Puneet Goenka and the promoter family through INVESCO, said – had made a reasonable offer for the merger, but the talks did not proceed due to the increasing dispute between INVESCO and ZEE management.

07:46 AM

Best results of WIPRO

Wipro has also produced better Q2 results than expected. doller revenue has increased by about 7%. Margins are flat. At the same time, Mindtree has also had better results than expected. Profit growth of more than 16%. doller revenue has increased by 12.75%.

07:38 AM


HCL TECH 2nd quarter results will be out today. Dollar revenue is expected to grow by 4%. Cyient and Indiabulls Real will also announce the results today.

07:33 AM

Expiry possible between 18200-18300: Poll

The market will keep an eye on the weekly expiry of Nifty and Nifty Bank today. According to 70 percent experts in Awaaz Traders Poll, the EXPIRE of Nifty can be between 18200 to 18300.

07:26 AM

INFOSYS produced good results

IT giant INFOSYS posted better than anticipated results in the second quarter. Dollar Revenue is up about 6%. Profits have seen an increase of more than 4%. The company has also increased the revenue growth guidance to 17.5% for FY22.

07:22 AM

gold shines

Gold has risen on the back of a softening in dollar and bond yields. COMEX GOLD reached near $1800. Reports of a reduction in Fed bond purchases from November or December also supported.

07:15 AM

Strength in Asia, SGX NIFTY and DOW FUTURES

Indications from the global market are looking positive. Asia has got off to a strong start. SGX NIFTY is seeing a gain of half percent. DOW FUTURES is also trading above 100 points. However, the US markets closed mixed yesterday.


Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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