Category: India

Nagaraj Shetti, Technical Research Analyst at HDFC Securities feels there is a higher probability of Nifty Bank crossing above 40,000 mark by Diwali. “The overall chart pattern of Bank Nifty indicates more upside for this sector for the coming week,” he said in an interview to Moneycontrol’s Sunil Shankar Matkar. On the Nifty50, Shetti, who […]

Rajesh Palviya, VP – Technical and Derivative Research at Axis Securities, feels the Nifty50 is now headed towards 18,500, followed by 18,700. “If Nifty manages to close above 18,700 in the coming week, the probability of it hitting 19,000 will surely increase.” Palviya, who has been tracking the equity markets since 2001, said in the weekly expiry of […]

The bulls are in no mood to relent, with the Nifty closing above the 18,300-mark for the first time on October 14, continuing its northward journey for the sixth consecutive session. The rally across sectors, barring auto, boosted sentiment. The Nifty formed a bullish candle on the daily as well as weekly charts as the […]

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 14, 2021 / 08:21 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’] […]

As the Nifty50 has given a breakout on the daily chart, every dip should be utilized as a buying opportunity. And the resistance or the next immediate target for the Nifty comes near 18,500 levels, said Rohan Patil of Bonanza Portfolio RohanPatil October 14, 2021 / 07:28 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]

For upcoming sessions, markets are expected to trade with a positive bias, and on higher side, now any decisive move beyond 18,050 levels could add further buying momentum into Nifty50 index, says Shitij Gandhi of SMC Global. ‘); $ (‘#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”); […]

Here’s what Mazhar Mohammad of Chartviewindia.in, recommends investors should do with these stocks when the market resumes trading today. Sunil Shankar Matkar October 13, 2021 / 08:28 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) { […]

Here’s what Jatin Gohil of Reliance Securities, recommends investors should do with these stocks when the market resumes trading today. Sunil Shankar Matkar October 12, 2021 / 08:39 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) […]

Short-term trend is expected to remain positive for both Nifty and Bank Nifty. Next upside target for Nifty is seen around 18,200 and 18,450, said Nandish Shah of HDFC Securities. Nandish Shah October 12, 2021 / 07:37 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){ […]

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 October 11, 2021 / 09:19 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”); $ […]

Considering the recent behaviour of the market, it is pretty clear that the bulls are not willing to let loose their firm grip so easily, says Sameet Chavan of Angel One. Sunil Shankar Matkar October 11, 2021 / 08:19 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’] […]

We are not at all convinced about trading aggressively on the long side at this moment, but there could be some odd thematic moves that can be focused on, said Sameet Chavan of Angel Broking. Sameet Chavan October 11, 2021 / 07:46 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

After completion of the second quarter of financial year 2021-2022, the quarterly results season has started. The developments thus reported would generally have enough raw material in them to create momentum in the stocks declaring results. We traders, being momentum chasers often times find opportunity to make money from this. The size of moves could […]

One can expect the index to move in a range between the 17,300-18,000 levels, as long as the prices do not break above the 18,000 level, says Karan Pai of GEPL Capital. Karan Pai October 08, 2021 / 07:49 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’] […]

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 08, 2021 / 07:56 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) […]

As of now, prices are showing a sign of a profit booking or a short-term bearish trend. The immediate support for the Nifty is placed at 17,450 levels and if in any case this support is broken then the gate is wide open till 17,000 mark. RohanPatil October 07, 2021 / 07:51 AM IST ‘); […]