Triple EMA crossover suggests buying opportunity in Marico: Shabbir Kayyumi

Buy Marico at around Rs 420 with a stop loss of Rs 405 on a closing basis for a higher target of Rs 460. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = […]

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Technical View: Nifty forms bullish candle, experts say high-risk traders can remain long

The Nifty50 opened strong and remained in the positive terrain throughout the session to close above the 15,300-mark for the first time on February 15, backed by optimistic global sentiment and improving corporate earnings. Banking and financials led the rally as the BSE Sensex, too, reached a milestone by crossing the 52,000-mark. The Nifty50 witnessed […]

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As Nifty heads to 15,500, these 3 stock can give 11-16% return in short term

The Nifty has crucial support at 14,500-14,700, while the trend reversal and the stop-loss level for the positional traders is 14,500. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( […]

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Kagi chart setup suggests buying opportunity in Punjab National Bank

One can consider booking profit near Rs 56 and higher side towards Rs 67 mark, while the stop loss can be Rs 34. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; […]

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Un-complicating Options trading for short term trades: Shubham Agarwal

Shubham Agarwal Do complex options strategies with multiple legs have an edge over single options? Let’s understand. With the growing popularity of Options over the past few years, we have witnessed a huge shift in traders resorting to options over futures due to its benefits not limited to lower capital, natural leverage, inherent risk management, […]

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Technical View: Nifty forms small bullish candle on weekly charts, prudent to remain neutral for now

Representative image | Source: Unsplash Nifty50 gained strength to the tune of nine-tenth of a percent in the morning, but profit booking and volatility in last couple of hours of trade pulled the index lower on February 12. FMCG, metals and pharma stocks weighed down and banking & financials supported the index. The index formed Doji […]

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Technical View: Nifty forms Spinning Top pattern, selling can extend if index breaks 15,000

The Nifty50 rallied sharply to hit a fresh record high but erased gains amid profit booking in last hour of trade and snapped six-day winning streak on February 9. The weakness in European peers and consistent outflow in equity mutual funds weighed on sentiment. The index formed bearish candle which resembles Spinning Top kind of […]

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For Nifty, deploy Modified Call Butterfly spread strategy: Shubham Agarwal

Considering the positive outlook depicted by the F&O activity this week, Modified Call Butterfly is advised. Shubham Agarwal February 08, 2021 / 08:48 AM IST Market In the budget week, the Indian market headed north. The Nifty and the  Bank Nifty gained 9 percent & 16 percent during the week. The Nifty and the  Bank Nifty touched an all-time high […]

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