RMoney » Author » Naresh Sharma

Naresh Sharma

Researchers / Analysts

I have a Technical Research Analyst with extensive experience in analyzing market data and interpreting technical indicators to predict financial asset trends. With a background in quantitative analysis and a passion for financial markets, I have provided actionable and techno-funda insights and research to HNI and retail investors. Specializing in technical charting, pattern recognition, and using data-driven approaches, I have a proven track record of improving trading strategies in options, equity and commodities and supporting investment decisions

• Equity Market Research Reports

  By : Naresh Sharma | April 30, 2026

  Nifty 50 closed the day in red, down by 0.74%, closing at 23,997.55 amid the weight of the global energy shock. The session was mostly dominated by the sentiment triggered by crude prices reaching the high of $120.52. The surge in crude oil prices is expected to threaten India’s fiscal deficit and fuel fears of imported inflation. Rising crude oil prices, the blockade of the Strait of Hormuz, and the risk of rising inflation , sided with a major sell-off

  Read More

• COMMODITY MARKET

  By : Naresh Sharma | April 30, 2026

  Evening Commodity Trading Guide 30th Apr 2026  Gold Technical Outlook MCX Gold (Jun): The domestic June contract continues to run following the trend seen on COMEX, shifting into a more resilient posture. Initial recovery attempts face a prominent ceiling at the resistance zone positioned at ₹1,52,000 – ₹1,54,000. On the flip side, the primary defensive line for buyers is well-entrenched between the support zone of ₹1,50,000 – ₹1,48,000. The current structural setup favors a tactical “Buy on Dips” approach as

  Read More

• COMMODITY MARKET

  By : Naresh Sharma | April 29, 2026

  Evening Commodity Trading Guide 29th Apr 2026  Gold Technical Outlook MCX Gold (Jun): The domestic June contract is closely following the trend seen on COMEX, locking price action into a vulnerable near-term channel. Intraday recovery attempts face heavy overhead supply at the resistance zone positioned at ₹1,50,000 – ₹1,53,000. Conversely, the primary defensive line for buyers rests lower down between ₹1,48,000 – ₹1,45,000. Chart patterns signal that a deeper weakness in prices may continue after breaching the support zone, which

  Read More

• Equity Market Research Reports

  By : Naresh Sharma | April 29, 2026

  NIFTY INDEX DAILY REPORT Nifty 50 displayed a resilient performance with a gain of 181.95 points and settling the day at 24,177 , below the psychological resistance level of 24,300. Amid global volatility and the impending shift in OPEC dynamics, the index managed to gain momentum despite a muted opening at 24,096. Also, heavy-weight stocks from the Auto and Realty sectors like Maruti Suzuki took the charge and pushed the index into green. Expectations of positive Q4 earnings also continued

  Read More

• COMMODITY MARKET

  By : Naresh Sharma | April 28, 2026

  Evening Commodity Trading Guide 28th Apr 2026  Gold Technical Outlook COMEX Gold (Spot): Gold is currently exhibiting a Sideways to Bearish Sentiment, as prices face significant supply pressure at higher levels. Immediate resistance is pegged near $4,600 – $4,680, while key support levels are established between $4,520 – $4,440. A sustained move below these support floors could signal an extension of the corrective trend. MCX Gold (Jun): Mirroring the weakness in global markets, MCX Gold faces resistance at ₹1,50,000 –

  Read More

• Equity Market

  By : Naresh Sharma | April 28, 2026

  Equity Market Technical Analysis Snapshot: Apr 28th, 2026 • Nifty slipped -0.33%, opening at 24,049.90 and witnessing a volatile monthly expiry session, where it tested a high of 24,181.80 near the 11DMA (24,192) but failed to sustain, closing lower at 24,013.95, indicating selling pressure at higher levels; the trend remains sideways to bearish as the index trades below the 200DMA and 11DMA but above the 30DMA, reflecting a mixed yet slightly weak structure, while the RSI at 51.98 stays near

  Read More

• LIVE Market Analysis for Apr 16th 2026

  By : Naresh Sharma | April 17, 2026

  Indian markets rebounded sharply as easing U.S.–Iran tensions improved sentiment. Market Highlights Commodities Key Levels TakeawayPositive global cues support markets, but Bank Nifty resistance remains critical for further upside.

  Read More