Bullish Momentum Expected After Recent Profit Booking
The Nifty index experienced some profit booking recently, but there has been a significant drop in selling volume, decreasing from last week’s 31.66% to 9%. This suggests that in the coming...
-
-
Nifty PSU Bank index near make-or-break zone. Mehul Kothari tells you what to do
The Nifty PSU Bank index is approaching a make-or-break zone near its all-time high resistance of 5375. If there is a breakout above this level, it could lead to a fresh rally in the index...
-
Play for a bounce back? Gaurav Bissa’s 2 top picks in this market
“The first recommendation would be a buy on Coal India. It has given a breakout, it has seen a follow through breakout and it has a good structure on point-and-figure charts as well. One can...
-
Nifty may bounce back from 19,500 level but won’t sustain above 19,900-20,000: Aamar Singh Deo
Nifty is facing a crucial support zone at 19,500-19,600. While there may be a bounce back, it is likely to be limited and not sustain above the 19,900, 20,000 level due to selling pressure....
-
Nifty 50 Makes Doji Candle; First Sign of Reversal!
After a sharp decline from the all-time high of 20,222.45, the benchmark Nifty 50 index is finally showing a sign of stability. In yesterday’s session, the index formed a Doji...
-
After last week’s 8% dip, will HDFC Bank shares attract bargain hunters? Anand James makes a point
"Shares of HDFC Bank, which fell 8% last week, may attract dip buyers, but a sustained rally is unlikely. The recent fall has highlighted bearish undercurrents and suggests that the bear...
-
Nifty Faces Profit Booking Amidst Market Turbulence
Last week, we witnessed profit booking as the selling volume increased by 31.66% compared to the previous week. This week, Nifty opened at 20,155.95, reached a high of 20,195.35, a low of...
-
Will Nifty 50 Rally Next Week After a 500-Point Drag?
This week witnessed a sharp cut in the Indian share market. The benchmark Nifty 50 index ended this truncated week 518 points or 2.57% down to 19,674.25. Except for the Nifty PSU Bank index,...
-
3 stock recommendations by Rajesh Palviya for the upcoming week
The view is a little negative for HDFC Bank; 1500 to 1480 is the immediate target on the downside. Keep your stop loss if you are on the short side of the trade at 1560, says Rajesh Palviya,...
-
Sandip Sabharwal on 2 bank stocks to buy once Bank Nifty correction is over
"Many of the infra stocks have done well already and they are likely to do well given record order books. Many companies like L&T are not only going to be getting strong orders domestically...
-
6 fund categories to go for in terms of market cap allocation in 2023
“The multicap category has been one of the best for this financial year so far because in the midcap category the best fund has underperformed, but here the best fund has actually...
-
ETMarkets Fund Manager Talk: Several microcap, smallcap cos trading much ahead of their fair valuation: WhiteOak Capital
"Consumer discretionary is a long-term structural theme with the availability of many diverse sets of niche businesses. India’s per capita income is less than $2500, which is very low...
-
ETMarkets PMS Talk: This 30-year fund house is positive on nation-building sectors which could produce next set of multibaggers: Anirudh Garg
"As fund manager, the target range for returns that I set for myself, and my team, is between 18% to 24%. This range is based on the idea that if you can achieve returns within this range,...
-
Will the rally in power stocks continue? Rohit Srivastava answers
So I think that is a good thing. It may last for a while. We should be open to this corrective pullback going on for some time. In terms of levels, the worst case scenario I think would be...
-
Gautam Duggad on 4 sectors which have good long growth prospects
Secondly, a lot of times we keep getting carried away because 20,000 is a new level and a big milestone, that market is at a new high, market is at a new high. We have never seen headlines...
-
How to trade PSU bank stocks after recent rally? Anand James does the chart reading
Some of the smaller stocks in Nifty Bank, like PNB, IDFC First and Bandhan bank have rallied about 15% more than their respective prices seen when Nifty last recorded its highest level on...
-
ETMarkets Smart Talk: Anil Ghelani shares his C-F-E framework to assess equity markets
"I assess equity markets with the C-F-E framework, where C stands for corporate earnings, F for flows, and E for event risks. Corporate earnings have grown well over the last two years,...
-
Outlook of Nifty 50 Amid its Record High
Nifty made an all-time high of 20,222.45, and we might see profit booking as last week’s buying volume decreased by 7% compared to the previous week. This week, Nifty opened at 19,890,...
-
Why Did Zomato Share Price Hit Rs. 100? What Next?
In our last write-up, we discussed Amaraja Battery & which belongs to the Auto Ancillaries sector. Now we have found one multibagger company that belongs to the E-commerce sector. As...
-
Osho Krishnan’s 2 buy recommendations from BFSI sector
“The first one is from the heavyweight banking counter i.e. ICICI Bank. Well, ICICI Bank is hovering near the lifetime high zone and it is expected that it should breach into the uncharted...
-
Nifty 50 Becomes Overbought; A Neat Trick to Go Short!
The broader market rally is continuing on Friday as well as the frontline Nifty 50 index scaled to a new high of 20,190.9, by 11:49 AM IST. Firstly, talking about the trend, traders should...
-
Railway, defence and power stocks will be trending for next 3-5 years: Sanjiv Bhasin
"The under ownership in railway, defence and power continues to be a sour spot. There are enough people who are calling it for a top and so on. They may be when stocks go up 300%; if a 20%...
-
For largecaps index funds a good idea; for mid and smallcaps, active funds: Suresh Sadagopan
“As far as the mid and smallcaps are concerned, there is still a lot of stock picking expertise may be needed which can help investors. So while the largecap index funds are definitely going...
-
Sensex Today Trades Lower; Suzlon Energy Tumbles 4%
Indian share markets are trading on a negative note with the Sensex down by 26 points, while the Nifty is trading lower by 9 points.
-
Earnings trajectory for next two-three years is going to be 16.5%: Pankaj Pandey
But I think this is not a time to exit market, given the fact that we are trading at rich valuation. I think one thing is very clear, given what we are seeing, it is too much money chasing...
-
How to invest when market cycles have become shorter & sector rotation has gone crazy? Sunil Singhania explains
“At these levels, you have to be an investor only if you believe that India will continue to grow from a three, five years perspective. Playing the market from a three, six-month perspective...
-
We see Nifty gradually moving towards a level of 20400: Gautam Shah
But I think the focus is really going to move to the large caps from here. So the large caps can make up for the underperformance of the last couple of months is what the view is for the...
-
After cheer, there is fear; euphoria in mid & smallcaps to cool down before elections: Vijay Kedia
“For me, there is no purn viram, it is not a full stop. I will sell all my shares and go back and do something else. This is my life. This is my business. I have realised one thing. This...
-
Nifty 50 Touches 20K Despite Negative Global Cues!
The benchmark Nifty 50 index touched a historic level of 20,000 in today’s session, as it scaled to an all-time high of 20,008.15. This high is even more important than the previous...
-
Nifty is poised to break records every year from now onwards: Dinshaw Irani
“In the largecap space, the market has not rallied as much as we would want it to, given that the small and midcaps have rallied around 35% odd, 35-36%. There will be pockets where you need...
-
Top 3 Markets to Diversify Into as US Expected Returns Trend Lower
High valuations suggest greater risks for US returns over the next decade Against this backdrop, diversifying into other stock markets may help investors achieve above-average returns Japan,...
-
There is no risk to rally in smallcaps and broadcaps for now: Bino Pathiparampil, Elara Securities
“We believe that flows will go more into relatively lower-valued stocks within the midcap and smallcap indices on a growth-adjusted basis. We have identified the cheapest stocks on a PEG...
-
Nifty 50 May Pause and Retrace by 150 Points
Nifty keep tracking high last week with a significant increase in buying volume of 12% compared to the previous week. Last week, Nifty opened at 19525.05 reached a high of 19867.15, a low of...
-
4 major PSU rail stocks in overbought state, profit booking ahead: Anand James
Even though the outlook for these stocks remains bullish, expect some profit booking in the near term before the bulls regroup," said Anand James, Chief Market Strategist at Geojit Financial...
-
Don’t be overtly bullish now, it’s time to tone down expectations: Sahil Kapoor
“We are hitting some sort of extremities. It is good to be cautious here. Exercise caution rather than adding your incremental rupee to equity investments. You could probably look at a...
-
This bull market won’t stop easily, can go to 21,000-22,000 in shorter term: Aveek Mitra
“The liquidity for the market is adequate because domestic money is coming and FIIs have not really loosened their purse strings. So that money is also waiting in the wings. Now all we need...
-
Varun Lohchab’s 6 top investment ideas in IT and financials
"United Spirits is one of our top picks in the consumption space and then in discretionary space we like Crompton Consumer which is part of our model portfolio along with United Spirits. We...
-
Sensex Today Trades Marginally Higher; Cipla & ONGC Among Top Gainers
Indian share markets are trading on a positive note with the Sensex up by 48 points, while the Nifty is trading higher by 14 points.
-
Nifty Surged on Modinomics Optimism; May Scale 20K Again
India’s benchmark stock index Nifty snapped a 5-week losing streak and surged +0.88% last week to close around 19435.30 Nifty jumped +0.94% Friday on Modinomics optimism despite mixed global...
-
Wipro, MMTC among top 2 stock ideas for the week from Rupak De
"In the September series, the Nifty appears to be in a bullish trend as it has just crossed above the 21-day Exponential Moving Average (EMA) for the first time in several days. This...
-
Nifty 50 Changing its Course
Last week, the bulls fought and regained the lost ground of Nifty, signaling an uptrend. Nifty opened at 19298.35, reached a high of 19458.55, and a low of 19223.65 before closing at...
-
3 stocks Rajesh Palviya recommends to buy next week
"For the coming week, the first stock that we like is from the PSU segment and it is NTPC. It is looking very promising. The breakout we are witnessing on the weekly chart is clearly...
-
Nifty Jumps 181 Pts; Has Trend Changed to Positive?
The start of the September 2023 monthly expiry was full of fireworks. On the first session of the expiry, the benchmark Nifty 50 index jumped 181 points or 0.94% to 19,435.3 and all sectoral...
-
Nifty 50 in Range; Options Selling Still Going Strong!
The frontline Nifty 50 index is clearly in a downtrend and the smooth rally that took it to 19,991.85 isn’t there anymore. However, the market is also taking strong support from the...
-
Nifty 50: A Tug of War Between Reliance & HDFC Bank!
The benchmark Nifty 50 index seems to have been stuck in a range. Although there’s no denying that the overall trend is still negative, the kind of support it is taking from the last...
-
An Options Strategy in Nifty 50 for Not-So-Bullish Traders!
The downtrend in the benchmark Nifty 50 index resumed on Friday when it closed 120 points lower at 19,265.8 which is the lowest closing in the last 50 days. As bears are still in control,...
-
Nifty 50 Closes at 50-Day Low, What to Do?
It’s clear by now, that the smooth uptrend that we witnessed from 17,000-odd levels is gone. The Nifty 50 index has started to correct after hitting an all-time high of 19,991.85 and...
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
