Andrew Holland believes its currently time to focus on GST & the disruptions It will cause. He does not think people will rush to buy in the first few weeks of GST.
Nifty to open gap down by 25 points at 9489 against yesterdays close of 9514.15 as per SGX Nifty, says Dynamic Levels.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 34.5 points at the opening bell, says a report by Maximus Securities.
Prakash Gaba of prakashgaba.com is of the view that if Nifty continues to slide then the next logical technical target is 9466-9439-9400. The crucial support for the Nifty is at 9466-9439-9400 and the resistance is at 9560-9591.
Nilesh Shah of Kotak Mahindra AMC believes that the long term bullish story of the market remains intact and investors, if underweight on equities, could increase investments.
Nifty to open gap up by 24 points at 9616 against Friday's close of 9592 as per SGX Nifty, says Dynamic Levels.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 9520-9466 and the resistance is at 9620-9700-9724 and has Mindtree and Sun Pharma as bullish plays while he has Tech Mahindra and UPL as bearish plays.
In the near-term, we have a cautious view on the broad PSU banks.
Would avoid chasing momentum but build a portfolio that has reasonable valuations, said Harsha Upadhyaya, CIO Equity, Kotak Mutual Fund.
investors and traders need to brace themselves for slightly more negative trends, Dipan Mehta, Member of NSE & BSE.
Fresh momentum is possible only above 9,710 and on the downside a move below 9,560 would lead to a breakdown from recent consolidation.
Nifty to open down up by 3 points at 9629 against yesterday's close of 9631.05 as per SGX Nifty, says a report by Dynamic Levels.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 2.5 points at the opening bell, says Maximus Securities.
According to Technical Analyst Prakash Gaba of prakashgaba.com, support for Nifty is placed at 9620-9560 and the resistance is at 9724 while on the other hand Bank Nifty has support at 23230 and resistance at 23715.
The current breadth is narrowest in the market, says Sanjiv Bhasin of IIFL, so market is definitely going to see weaker days in the month of July.
In a bull market either you can count the risks or you count the cash, says Basant Maheshwari of Basant Maheshwari Wealth Advisors.
Watch the interview of Devang Mehta of BNP Paribas Wealth Management with Surabhi Upadhyay and Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on the market.
The expert believes that there is no valuation comfort in most businesses and going forward, the market breadth will collapse and individual stocks will be in focus.
On lower side, Nifty has strong support near 9550-9530 any dip will be good buying opportunity.
Dharmesh Shah expects the index to continue the consolidation between the broad range of 9500 and 9750 amid stock specific action.
Nifty Futures to open gap up by 13 points at 9668 against yesterday's close of 9655 as per SGX Nifty, says Dynamic Levels.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 10 points at the opening bell, says a report by Maximus Securities.
Prakash Gaba of prakashgaba.com is of the view that crucial support for Nifty is at 9620-9560 and the resistance is at 9700-9724. On the other hand, Bank Nifty has support at 23530 while the Index has resistance at 23880.
Pramod Gubbi said farm loan waivers could spoil the credit culture of the country.