Category: India

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 = […]

Market Shubham Agarwal The Nifty has rallied more than 100 percent in less than a year from the lows of March. While you were trading the rally, how many times on each price drop you expected a reversal and initiated a short trade? A common mistake that traders do is to try and attempt to pick […]

The Nifty50 turned lower after a positive start and extended losses in the afternoon to close 0.59 percent lower on February 18, dented by weak global cues, rising US bond yields and an increase in coronavirus cases in some parts of the country. The Nifty50 opened higher at 15,238.70 and hit an intraday high of […]

The Nifty50 remained lower for major part of the session on February 17 and extended losses in the afternoon trade to close below the crucial breakout point of 15,250 levels. However, the index held the support level of 15,200. The benchmark index lost more than 100 points amid volatility and formed a bearish candle on […]

The Nifty50 hit a fresh record high but profit booking in afternoon dragged the index to close flat with a negative bias on February 16. The selling in private banks, FMCG and IT stocks weighed on the sentiment. The index formed small bullish candle which resembles Spinning Top kind of pattern on the daily charts. […]

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 […]

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( […]

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’; […]

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, […]

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 […]

The Nifty50 after initial volatility remained higher for the rest of the session and snapped its two-day losing streak to end at a record closing high on February 11, backed by buying in index heavyweight Reliance Industries and positive global cues. After opening lower at 15,073.25, the Nifty hit an intraday low of 15,065.40 but […]

The Nifty50 remained volatile throughout the session and closed on a flat note on February 10 as selling in banks weighed on sentiment. Auto, select IT and pharma stocks supported the market. The index formed a Doji kind of pattern on the daily charts, which experts feel indication of consolidation in the coming sessions. A […]

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 […]

The Nifty50 started off the week on a strong note and remained bullish throughout the session to end at a fresh record closing high on February 8, backed by strong global cues and consistent FII inflow. Banking & financials, auto, IT, and metals stocks led the market higher. The index formed a bullish candle on […]

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 […]

fando Shubham Agarwal The Nifty has moved 1,300 points in just five trading sessions. SBI moved 45 percent in the last five trading days. This doesn’t end here, about 60 of the 141 stocks in F&O moved more than the Nifty in the five sessions. This invites a practical trading hurdle—gap openings leave you with […]

BankNifty rallied by over 15 percent this week largely driven by Monday’s Big Fat Green Bar as it eclipsed multiple tall red bars seen since January 21, 2020. Pritesh Mehta February 06, 2021 / 08:08 AM IST This week, bulls gathered enough resolve to halt the recent trend of decline. Besides, we have seen how […]

The Nifty50 finally hit the psychologically important  15,000-mark but failed to hold on to it in a volatile day of trade that ended at another record high on February 5. Positive global cues and buying in PSU banks, financial services, metals and pharma stocks supported the market. The index opened higher at 14,952.60 and hit […]

The Nifty50 after gained strength after initial hours of volatility to hit a new high on February 4 despite weak Asian cues. All sectors, barring IT and pharma, supported the rally. It opened flat at 14,789.05 and hit the day’s low of 14,714.75 amid volatility but gained strength later to extend the rally to hit […]

The Nifty50, barring initial volatility, remained strong for the rest of the day and ended at record closing high on February 3, continuing Budget-driven uptrend for third straight session. Banking & financials, auto, metals, IT and Pharma led the rally. The broader markets also joined the bull run with the Nifty Midcap and Smallcap 100 […]