Category: India

In times when the markets have more or less been unidirectional, it makes sense to get a bit creative especially when it comes to commitment to a trade. Commitment here means that getting into and holding on to a trade through all the thick and thin. So, instead of taking a rather medium-term trade and […]

The Nifty50 traded down for the fourth consecutive on October 22, as auto, FMCG, IT, metal and pharma sectors took a hard knock falling up to 3 percent. The index opened higher at 18,230.70 to touch the intraday high of 18,314.25 but failed to hold on to the gains. Renewed selling pressure in the afternoon […]

Nifty is currently heading lower towards 18,000-17,900 and this zone will act as a key support. If this level is breached, the index can move even lower towards 17,600, said Karan Pai of GEPL Capital. Karan Pai October 22, 2021 / 07:25 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

Next support level for Nifty is near 18,000 mark but we will turn bullish only once we see cycles turning back on upside. Representative Image Ashish Kyal, Founder & CEO at Waves Strategy Advisors Nifty tops can be captured by understanding a simple cyclical behaviour and time concept. So far, we have focused on catching […]

Here’s what Shrikant Chouhan of Kotak Securities, recommends investors should do with these stocks when the market resumes trading today. Sunil Shankar Matkar October 22, 2021 / 08:00 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 if(resData[stkKey][‘percentchange’] 0) […]

Representative image The Nifty50 remained under pressure for the third day running, closing half a percent lower after recovering more than 100 points from the day’s low in the last hour of the trade on October 21. IT, metals and FMCG stocks pulled the market down but buying in banking & financials and auto stocks […]

Here’s what Gaurav Sharma of Globe Capital Markets recommends investors should do with these stocks when the market resumes trading today Sunil Shankar Matkar October 21, 2021 / 07:29 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 if(resData[stkKey][‘percentchange’] […]

For trade in Nifty, we advise traders to wait for the prices to dip towards 18,100 –18,000 to initiate a fresh long position for an appropriate risk-reward ratio, said Rohan Patil of Bonanza Portfolio RohanPatil October 21, 2021 / 07:36 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 […]

The Nifty continued to slide for the second day, closing 152 points lower at 18,266.60 on October 20 on selling across sectors barring bank. Auto, FMCG, metal, and realty indices slipped more than a percent each. The Nifty has lost more than 300 points in the last two sessions after hitting a record high of […]