Stock Market

December 29, 2023

Hangseng – The Year of the Dragon, 2024

Happy New Year to all the readers of Definedge Securities. The 2023 ends on a positive note for D-Street as well as Wallstreet. The Nifty and Sensex gains ~20% and ~19%, respectively, while the Dow Jones gains ~13% and DAX ~20%. As per Yin-Yang, there […]
December 28, 2023

Nifty CPSE: 2023’s Undisputed Champion – A Heikin Ashi Masterstroke

In the stock markets, wealth is generated by seizing the opportunities presented by emerging trends and capitalising on them significantly. One such opportunity was the Nifty CPSE (Central Public Sector Enterprises) index which emerged as a standout performer in 2023, boasting an impressive 75% gain […]
December 27, 2023

Reliance Industries – The Elephant in the Room

Reliance Industries Limited, with a staggering market capitalisation of Rs. 17.50 trillion in the Indian stock market, has long been underperforming the broader market indices. However, recent stock performance trends have labelled it the elephant in the room within the context of the Nifty’s rally. […]
December 26, 2023

Wipro: Can Negative Headlines Mask Bullish Chart Signals?

Wipro, a prominent player in the IT industry, has recently made headlines due to its legal tussle with its former senior executive, Mr. Haque. The company filed a complaint against him for allegedly violating the non-compete clause in his employment contract by joining rival firm […]
December 25, 2023

Is the Santa Rally Over in Nifty?

Merry Christmas to all our readers. As we approach the final week of the year, investors and traders are closely watching the Nifty index to gauge whether the much-anticipated Santa rally has come to an end. The term “Santa rally” refers to the historical tendency […]
December 21, 2023

The Bearish Candlestick – A Market Top?

In the aftermath of reaching an all-time high during the early hours of the trading session yesterday, the Indian equity markets experienced a notable shift in momentum as the day progressed. The latter half of the trading day was notably dominated by bears, with the […]
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