The market snapped two-week sharp losing streak and clocked nearly 2.5 percent gains in the week ended February 4, thanks to the growth-oriented budget presented by Finance Minister by increasing capex by 35 percent to Rs 7.5 lakh crore for FY23 while keeping fiscal deficit target at 6.4 percent of GDP for the same year […]
Continue ReadingHistorical data of prices suggest that equity market consolidates for more time than it is trends. If we can take Nifty as an indicator of market, the movement in Nifty also suggest the same kind of movements. When we say consolidation what we mean is the movement of Nifty to remain in a range of […]
Continue ReadingThe Nifty remained volatile throughout the session and closed in the red, extending the downtrend to the second day on February 4, as banking and auto stocks came under selling pressure. Despite a choppy day, volatility remained below the 20 mark, down 1.37 percent to 18.89 levels, but it has to fall below the 15 […]
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Here’s what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading Sunil Shankar Matkar February 04, 2022 / 07:09 AM IST Trading Ideas ‘); $ (‘#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’] […]
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Hot Stocks | Malay Thakkar of GEPL Capital expects Nifty to trade in a range of 17,000-17,800. For any further upside, it is important that the index breaks and sustains above 17,750-17,800 resistance zone. Malay Thakkar February 04, 2022 / 07:19 AM IST Dhani Services | Nomura Singapore bought 1 crore equity shares in the […]
Continue ReadingCaught in a bear trap after three straight days of gain, the Nifty lost more than a percent on February 3 on weak global cues and selling across sectors barring auto. The index started lower at 17,767.75 and as the day progressed, it gradually extended losses to hit the day’s low of 17,511.15. It closed […]
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Trade Spotlight | Here’s what Mehul Kothari of Anand Rathi Shares & Stock Brokers, recommends investors should do with these stocks when the market resumes trading today Sunil Shankar Matkar February 03, 2022 / 07:20 AM IST ‘); $ (‘#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”); […]
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Hot Stocks | From here on 17,600 levels will act as immediate support for the Nifty50 and if prices slip below this level then 17,350 will be the next support zone for the index. The upper band is capped near 18,000 levels for the time being. RohanPatil February 03, 2022 / 07:29 AM IST Hot […]
Continue ReadingThe Nifty carried its Budget rally into the second day, adding more than a percent on February 2. All sectors participated in the run, as volatility cooled down with the Budget out of the way. The index, which ended in the green for the third consecutive session, formed a bullish candle on the daily charts as […]
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Trade Spotlight | Here’s what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today. Sunil Shankar Matkar February 02, 2022 / 07:24 AM IST ‘); $ (‘#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 […]
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Hot Stocks | On the downside, budget day’s low of 17,244 will act as a sacrosanct support level. Below this, we can expect any weakness towards 17,000-16,800 levels, says Santosh Meena of Swastika Investmart. Santosh Meena February 02, 2022 / 07:33 AM IST Hot Stocks ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // […]
Continue ReadingOverall the market sentiment remained positive for the second consecutive session as the Nifty50 rallied more than one percent at close, though it had broken previous closing for a moment on the budget day. The index has formed a small bullish candle which resembles hanging man pattern on daily charts, indicating exhaustion of ongoing short […]
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Any level below 16,836 would be considered a fresh sell signal on the Nifty charts. Below 16,836, the Nifty could slide towards the next support of 200-day EMA, currently placed at 16,612 Vinay Rajani February 01, 2022 / 08:09 AM IST Hot Stocks ‘); $ (‘#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”); […]
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Trade Spotlight | Here’s what Malay Thakkar of GEPL Capital, recommends investors should do with these stocks when the market resumes trading today Sunil Shankar Matkar February 01, 2022 / 06:51 AM IST Trade Spotlight ‘); $ (‘#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”); […]
Continue ReadingTechnical View The Nifty bounced back sharply and retained the momentum throughout the session on January 31, as there was short covering and value buying ahead of the Union Budget to be presented on February 1. The index formed a bullish candle on the daily charts as the closing was higher than the opening level, […]
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Here’s what Jayesh Bhanushali of IIFL Securities recommends investors should do with these stocks when the market resumes trading today Sunil Shankar Matkar January 31, 2022 / 07:15 AM IST Trade Spotlight ‘); $ (‘#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 […]
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Here are top 10 trading ideas by experts for February series, which could return up to 37 percent Sunil Shankar Matkar January 31, 2022 / 10:39 AM IST Trading Ideas ‘); $ (‘#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) […]
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Here are top 10 trading ideas by experts for February series, which could return up to 37 percent Sunil Shankar Matkar January 31, 2022 / 09:03 AM IST Trading Ideas ‘); $ (‘#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) […]
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Shubham Agarwal For the second consecutive week, Nifty fell approximately 3 percent in the five trading sessions ended last Friday after falling to 16,850 levels and seems to settling at 17,000 levels. The Nifty futures during the week ranged from 17,602 to 16,850. IT and NBFC contributed the most for this fall, while the Nifty witnessed […]
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Technically speaking, 16,800 is considered to be a crucial level because it coincides with the 78.6 percent retracement of the recent up move as well as the trend line support, says Sameet Chavan of Angel One Sameet Chavan January 31, 2022 / 07:31 AM IST Hot Stocks ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ […]
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