Blog

Dear Trader…

Markets remained lackluster and ended marginally lower, extending the ongoing corrective phase. After an initial dip, Nifty gradually recovered, followed by a range-bound movement for the rest of the session. Sectoral trends were mixed, with energy, metal, and banking stocks gaining, while auto and IT sectors underperformed. A slight rebound in small-cap stocks improved market breadth, though mid-caps closed on a flat note.

Weak global cues continue to weigh on sentiment, but selective buying is limiting the downside. We maintain a cautious outlook on the index, with key support at the 22088-22008 zone. Among sectors, banking, financials, and metals are exhibiting relative strength, while others present a mixed trend. Traders should align their positions accordingly while managing risk with prudent position sizing.

Nifty futures opened at 22115 points against the previous close of 22259 and opened at a low of 22101 points. Nifty Future closed with an average movement of 136 points and a decline of around 68 points and 22191 points…!!

On the NSE, the midcap 100 index will rise 0.05% and smallcap 100 index is closing rise 0.69%. Speaking of various sectoral indices Auto, IT, FMCG, Pharma, Private Bank and Helathcare stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, April gold opened at Rs.85399, fell from a high of Rs.86248 points to a low of Rs.85335 with a rise of 806 points, a trend of around Rs.86190 and May Silver opened at Rs.96093, fell from a high of Rs.96682 points to a low of Rs.95780 with a rise of 426 points, a trend of around Rs.96481.

Meanwhile, The FIIs as per Tuesday’s data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 10062.77 crore against gross selling of Rs 14725.30 crore. Thus, FIIs stood as net sellers of Rs 4662.53 crore in equities.

In the debt segment, the gross purchase was of Rs 4666.76 crore with gross sales of Rs 868.75 crore. Thus, FIIs stood as net buyers of Rs 3798.01 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 1433.68 crore, they stood at net buyers in Debt-VRR segment at Rs 18.74 crore, while net buyers in Debt-FAR segment at Rs 2345.59 crore.

In the hybrid segment, the gross buying was of Rs 34.90 crore against gross selling of Rs 29.34 crore. Thus, FIIs stood as net buyers of Rs 5.56 crore in hybrid segment.

Technically, the important key resistances are placed in Nifty future are at 22202 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 22303 – 22373 levels. Immediate support is placed at 22088 – 22008 levels.

Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets began the week on a volatile note but ended nearly flat amid mixed cues. The Nifty future index saw a brief uptick before slipping lower in the first half, almost testing the 22000-support level, and eventually settled at 22259.80. Sectorial performance was mixed, with realty, metal, and IT showing a rebound, while weakness in banking and financials capped gains. Broader indices also remained choppy and closed largely unchanged.

Global uncertainties and sustained foreign fund outflows continue to keep market participants cautious. With the 22088-22008-support zone in focus, a cautious approach to the Nifty index is advisable until further clarity emerges. Banking sector performance will be crucial in the coming sessions, making it an important area to monitor for market cues. Meanwhile, with stock-specific opportunities on both sides, traders should emphasize strategic selection and effective trade management.

Nifty futures opened at 22341 points against the previous close of 22280 and opened at a low of 22140 points. Nifty Future closed with an average movement of 236 points and a decline of around 20 points and 22260 points…!!

On the NSE, the midcap 100 index will rise 0.14% and smallcap 100 index is closing decline 0.27%. Speaking of various sectoral indices Media, Oil and Gas, Bank, Private Bank, PSU Bank and Financial Services stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, April gold opened at Rs.84511, fell from a high of Rs.84982 points to a low of Rs.84511 with a rise of 727 points, a trend of around Rs.84946 and May Silver opened at Rs.94600, fell from a high of Rs.95697 points to a low of Rs.94523 with a rise of 1332 points, a trend of around Rs.95660.

Meanwhile, The FIIs as per Monday’s data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 40089.82 crore against gross selling of Rs 52115.87 crore. Thus, FIIs stood as net sellers of Rs 12026.05 crore in equities.

In the debt segment, the gross purchase was of Rs 13741.60 crore with gross sales of Rs 2296.16 crore. Thus, FIIs stood as net buyers of Rs 11445.44 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 600.63 crore, they stood at net sellers in Debt-VRR segment at Rs 824.29 crore, while net buyers in Debt-FAR segment at Rs 11669.1 crore.

In the hybrid segment, the gross buying was of Rs 45.22 crore against gross selling of Rs 136.82 crore. Thus, FIIs stood as net sellers of Rs 91.60 crore in hybrid segment.

Technically, the important key resistances are placed in Nifty future are at 22303 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 22373 – 22404 levels. Immediate support is placed at 22088 – 22008 levels.

Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

The new expiry series began on a weak note, with markets slipping nearly two percent, weighed down by weak global cues. The bearish sentiment was evident from the start and intensified as the session progressed, pushing Nifty to close near the day’s low at 22,280. The decline was broad-based, with IT, auto, and FMCG leading the losses, while the broader indices also followed a similar trend.

Uncertainty often weighs more than the actual event, and the market is currently grappling with concerns over potential trade wars. Additionally, persistent FII selling continues to add pressure. On a technical front, after five consecutive months of decline, Nifty has approached the crucial support zone of 22,202-22,088, where multiple key indicators align.

Given the prevailing weakness, traders should maintain a cautious stance with a negative bias until clear signs of a pause or reversal emerge. It is also advisable to manage leverage carefully and prioritize hedged trades for risk management.

Nifty futures opened at 22532 points against the previous close of 22683 and opened at a low of 22233 points. Nifty Future closed with an average movement of 341 points and a decline of around 403 points and 22280 points…!!

On the NSE, the midcap 100 index will decline 2.49% and smallcap 100 index is closing decline 3.01%. Speaking of various sectoral indices, IT, Auto, Media, PSU Bank, FMCG and Pharma stocks saw heavy selling on the NSE, while all other sectoral indices also closed lower.

At the start of intra-day trading, April gold opened at Rs.84899, fell from a high of Rs.84915 points to a low of Rs.84423 with a decline of 476 points, a trend of around Rs.84720 and March Silver opened at Rs.93229, fell from a high of Rs.93659 points to a low of Rs.92756 with a decline of 470 points, a trend of around Rs.93165.

Meanwhile, The FIIs as per Friday’s data were net buyers in equity and debt segments both, according to data released by the NSDL. In equity segment, the gross buying was of Rs 22069.31 crore against gross selling of Rs 20949.56 crore. Thus, FIIs stood as net buyers of Rs 1119.75 crore in equities.

In the debt segment, the gross purchase was of Rs 6616.60 crore with gross sales of Rs 1741.06 crore. Thus, FIIs stood as net buyers of Rs 4875.54 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 597.35 crore, they stood at net sellers in Debt-VRR segment at Rs 272.23 crore, while net buyers in Debt-FAR segment at Rs 4550.42 crore.

In the hybrid segment, the gross buying was of Rs 99.62 crore against gross selling of Rs 110.45 crore. Thus, FIIs stood as net sellers of Rs 10.83 crore in hybrid segment.

Technically, the important key resistances are placed in Nifty future are at 22303 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 22404 – 22474 levels. Immediate support is placed at 22202 – 22088 levels.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets traded dull on the monthly expiry day, closing nearly unchanged for the second straight session. After an initial uptick, Nifty quickly flattened, trading within a narrow range before settling at 22,547.75. Sectorally, a mixed trend persisted, with metals, banking, and financials performing well, while realty and auto remained under pressure.

The past two sessions reflect indecision, likely due to oversold conditions. However, rotational selling across key sectors is not only limiting the rebound but also gradually dragging the index lower. As the new derivatives series begins, we maintain our view of using rebounds to initiate shorts in the index until a decisive trend reversal emerges. Meanwhile, stock-specific opportunities continue on both sides, so trades should be aligned accordingly.

Nifty futures opened at 22580 points against the previous close of 22582 and opened at a low of 22530 points. Nifty Future closed with an average movement of 74 points and a decline of around 34 points and 22547 points…!!

On the NSE, the midcap 100 index will decline 1.14% and smallcap 100 index is closing decline 1.64%. Speaking of various sectoral indices, the NSE saw gains in only Financial Services, Metal, Bank and Private Bank stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, April gold opened at Rs.85733, fell from a high of Rs.85795 points to a low of Rs.84997 with a decline of 710 points, a trend of around Rs.85164 and March Silver opened at Rs.94230, fell from a high of Rs.94647 points to a low of Rs.94710 with a decline of 161 points, a trend of around Rs.94480.

Meanwhile, Domestic equity main indices remained largely unchanged due to optimism in the financial sector supported by the RBI’s decision to ease lending norms for microfinance institutions and NBFCs.

Global market swayed negatively, and domestic broader market sentiment remained weak due to fresh uncertainty surrounding US tariff policies. Amid ongoing trade tensions, investors are also keeping a close watch on US and domestic GDP data for further indications of economic strength.

Technically, the important key resistances are placed in Nifty future are at 22606 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 22676 – 22707 levels. Immediate support is placed at 22373 – 22303 levels.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets remained subdued and ended nearly unchanged amid mixed signals. After a flat opening, Nifty future traded within a narrow range and eventually closed near the day’s low at 22,582.15. Sectoral trends were mixed, with auto and FMCG sectors finishing in the green, while metals and realty were among the top laggards.

On Thursday, markets will take cues from global trends in early trade, followed by a shift in focus to the monthly expiry of February’s derivatives contracts. We maintain our “sell on rise” stance on the benchmark while advising a balanced approach in stock positions. Meanwhile, investors can start accumulating quality stocks, available at attractive valuations.

Nifty futures opened at 22582 points against the previous close of 22612 and opened at a low of 22561 points. Nifty Future closed with an average movement of 84 points and a decline of around 30 points and 22582 points…!!

On the NSE, the midcap 100 index will decline 0.62% and smallcap 100 index is closing decline 0.44%. Speaking of various sectoral indices Metal, Realty, PSU Bank, Oil and Gas, IT, Pharma, Healthcare and Bank stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, April gold opened at Rs.86325, fell from a high of Rs.86526 points to a low of Rs.86140 with a decline of 19 points, a trend of around Rs.86165 and March Silver opened at Rs.95500, fell from a high of Rs.95780 points to a low of Rs.94302 with a decline of 633 points, a trend of around Rs.94456.

Meanwhile, The FIIs as per Tuesday’s data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 8609.39 crore against gross selling of Rs 14328.60 crore. Thus, FIIs stood as net sellers of Rs 5719.21 crore in equities.

In the debt segment, the gross purchase was of Rs 2435.77 crore with gross sales of Rs 1038.53 crore. Thus, FIIs stood as net buyers of Rs 1397.24 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 191.74 crore, they stood at net buyers in Debt-VRR segment at Rs 299.42 crore, while net buyers in Debt-FAR segment at Rs 906.08 crore.

In the hybrid segment, the gross buying was of Rs 20.50 crore against gross selling of Rs 28.39 crore. Thus, FIIs stood as net sellers of Rs 7.89 crore in hybrid segment.

Technically, the important key resistances are placed in Nifty future are at 22606 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 22737 – 22808 levels. Immediate support is placed at 22474 – 22404 levels.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

The markets remained volatile for yet another session, shedding half a percent amid mixed cues. The Nifty future index saw a weak start, retesting the recent low of around 22,707, but a late recovery in select heavyweight stocks helped trim losses. Eventually, the index settled at 22,822.60, down 0.52%. Sector-wise, all key indices, except metals, ended in the red, with auto and pharma being the biggest laggards.

We anticipate the ongoing consolidation phase to conclude soon and maintain our view to focus on banking and IT for market direction. A decisive break below 22606 in Nifty could signal trend resumption, with support levels at 22474 and a major cushion around 22,000. On the upside, the 22880-23088 zone remains the immediate resistance. In the meantime, we recommend a stock-specific trading approach while waiting for clearer market signals.

Nifty futures opened at 22880 points against the previous close of 22942 and opened at a low of 22757 points. Nifty Future closed with an average movement of 182 points and a decline of around 119 points and 22822 points…!!

On the NSE, the midcap 100 index will decline 1.32% and smallcap 100 index is closing decline 0.70%. Speaking of various sectoral indices only Metal stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, April gold opened at Rs.85715, fell from a high of Rs.85922 points to a low of Rs.85470 with a decline of 140 points, a trend of around Rs.85884 and March Silver opened at Rs.96802, fell from a high of Rs.97079 points to a low of Rs.96444 with a decline of 213 points, a trend of around Rs.96900.

Meanwhile, The FIIs as per Friday’s data were net sellers in equity and debt segments both, according to data released by the NSDL. In equity segment, the gross buying was of Rs 11215.84 crore against gross selling of Rs 14723.40 crore. Thus, FIIs stood as net sellers of Rs 3507.56 crore in equities.

In the debt segment, the gross purchase was of Rs 1580.28 crore with gross sales of Rs 2811.14 crore. Thus, FIIs stood as net sellers of Rs 1230.86 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 127.52 crore, they stood at net sellers in Debt-VRR segment at Rs 223.33 crore, while net sellers in Debt-FAR segment at Rs 880.01crore.

In the hybrid segment, the gross buying was of Rs 9.35 crore against gross selling of Rs 38.88 crore. Thus, FIIs stood as net sellers of Rs 29.53 crore in hybrid segment.

Technically, the important key resistances are placed in Nifty future are at 22880 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 22979 – 23088 levels. Immediate support is placed at 22606 – 22474 levels.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets remained subdued on the weekly expiry day, ending nearly unchanged amid the ongoing tussle. After an initial dip, Nifty future fluctuated within a narrow range and closed flat at 22,942.50. Sectoral trends remained mixed, with metal, energy, and auto emerging as top gainers, while banking and IT underperformed.

The ongoing lack of sustained alignment between two key sectors—banking and IT—continues to create uncertainty among market participants, as other sectors are not in a position to drive a major trend. However, the recent rebound in broader indices has offered some relief.

In this scenario, a cautious stance on the index is recommended, with close attention to banking and IT for potential signals. Meanwhile, select pockets across various sectors, except FMCG, are showing notable traction. Traders should prioritize identifying quality stocks while refraining from aggressive positions.

Nifty futures opened at 22895 points against the previous close of 22964 and opened at a low of 22855 points. Nifty Future closed with an average movement of 106 points and a decline of around 22 points and 22942 points…!!

On the NSE, the midcap 100 index will rise 1.26% and smallcap 100 index is closing rise 1.43%. Speaking of various sectoral indices only Financial Services, Private Bank, Bank, Pharma, IT and FMCG stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, April gold opened at Rs.86420, fell from a high of Rs.86560 points to a low of Rs.86246 with a rise of 348 points, a trend of around Rs.86258 and March Silver opened at Rs.96797, fell from a high of Rs.97763 points to a low of Rs.96797 with a rise of 1006 points, a trend of around Rs.97412.

Meanwhile, Asian markets declined as U.S. President Donald Trump’s proposed tariffs and Federal Reserve’s stance of keeping rate cuts on hold in the near term, weighed on investor sentiments.

Minutes of the FOMC’s latest policy meeting released on Wednesday suggested that Trump’s trade policies could keep the inflation rate above Fed’s target, reinforcing its patient approach towards future rate cuts.On the macro front, preliminary release of February-month manufacturing and services PMI of US and India tomorrow, will be the key data to watch out for.

Technically, the important key resistances are placed in Nifty future are at 23008 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23088 – 23188 levels. Immediate support is placed at 22880 – 22808 levels.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets remained volatile and ended nearly unchanged, extending the prevailing consolidation phase. After an initial dip, Nifty future staged a swift recovery in the early hours but struggled to sustain gains due to a lack of follow-up buying and pressure on select heavyweight stocks. It remained range-bound for the rest of the session, eventually closing at 22,964.

The ongoing indecisiveness in the index is keeping participants on edge, and this volatility may persist on Thursday. We maintain our view of adopting a stock-specific approach, focusing on resilient sectors and themes, particularly those holding strong even during market downturns, and accumulating them gradually. Additionally, traders should avoid reading too much into the single-day rebound in midcap and smallcap stocks and wait for a clearer recovery signal before taking fresh positions.

Nifty futures opened at 22900 points against the previous close of 22972 and opened at a low of 22881 points. Nifty Future closed with an average movement of 225 points and a decline of around 8 points and 22964 points…!!

On the NSE, the midcap 100 index will rise 1.56% and smallcap 100 index is closing rise 2.36%. Speaking of various sectoral indices only IT, Healthcare, Pharma, FMCG and Auto stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, April gold opened at Rs.86058, fell from a high of Rs.86592 points to a low of Rs.85950 with a rise of 147 points, a trend of around Rs.86260 and March Silver opened at Rs.96566, fell from a high of Rs.97518 points to a low of Rs.96422 with a rise of 331 points, a trend of around Rs.97179.

Meanwhile, all eyes are now on the FOMC meeting minutes, set for release later tonight which could shape market expectations on the U.S. interest rate outlook. Meanwhile, geopolitical developments were in focus as US and Russia held a high-level meeting in Riyadh, agreeing to work towards ending the Russia-Ukraine war and establishing better diplomatic and economic ties.

We expect the market to continue trading in a range-bound manner, tracking the global market cues, Trump’s tariff policies and political developments in the Russia-Ukraine war. 

Technically, the important key resistances are placed in Nifty future are at 23008 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23088 – 23202 levels. Immediate support is placed at 22880 – 22808 levels.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets remained volatile after five consecutive days of decline, ultimately ending flat amid mixed cues. The session started on a weak note, but a gradual recovery in select heavyweight stocks helped trim losses as the day progressed. As a result, the Nifty future index closed at 23,123.85 level. Sectoral trends were mixed, keeping traders engaged – metals, banking, and financials saw some respite, while realty and auto were among the top laggards.

Persistent selling by FIIs, coupled with mixed earnings, continues to weigh on market sentiment, while uncertain global cues add to the pressure.  On the technical front, Nifty rebounded after testing its January low of around 22,800, and sustaining above this level could offer some relief. However, the broader trend remains negative unless a clear reversal pattern emerges. Given the current scenario, traders should exercise caution and continue with a hedged approach

Nifty futures opened at 23134 points against the previous close of 23153 and opened at a low of 22900 points. Nifty Future closed with an average movement of 336 points and a decline of around 29 points and 23123 points…!!

On the NSE, the midcap 100 index will decline 0.26% and smallcap 100 index is closing decline 0.26%. Speaking of various sectoral indices, the NSE saw gains in only PSU Bank, Metal, Financial Services, Private Bank and Bank stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, April gold opened at Rs.84926, fell from a high of Rs.85240 points to a low of Rs.84750 with a decline of 543 points, a trend of around Rs.84962 and March Silver opened at Rs.94260, fell from a high of Rs.94635 points to a low of Rs.94000 with a decline of 410 points, a trend of around Rs.94158.

Meanwhile, The FIIs as per Wednesday’s data were net sellers in equity and debt segments both, according to data released by the NSDL. In equity segment, the gross buying was of Rs 12428.64 crore against gross selling of Rs 16517.90 crore. Thus, FIIs stood as net sellers of Rs 4089.26 crore in equities.

In the debt segment, the gross purchase was of Rs 3077.82 crore with gross sales of Rs 5619.05 crore. Thus, FIIs stood as net sellers of Rs 2541.23 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 496.38 crore, they stood at net buyers in Debt-VRR segment at Rs 48.67 crore, while net sellers in Debt-FAR segment at Rs 2093.52 crore.

In the hybrid segment, the gross buying was of Rs 4.45 crore against gross selling of Rs 19.75 crore. Thus, FIIs stood as net sellers of Rs 15.30 crore in hybrid segment.

Technically, the important key resistances are placed in Nifty future are at 23202 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23303 – 23373 levels. Immediate support is placed at 23088 – 23008 levels.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in