The market might tread with caution or consolidate in the coming week after a sharp rally. But, the long-term trend still remains intact.
The huge targets are based on few assumptions, and elevated targets should be taken with a pinch of salt.
A strong bull candle after a bullish candle suggests that bulls are in control of D-Street and any dips seen today were largely bought into.
You have heard about this instrument a lot lately.
The rally, which started with expectation of pro-growth reforms from the Modi-government is likely to stretch towards 2019 because most analysts and fund managers see Modi 2.0.
D-Street has already given a thumbs-up to the Modi govt and expects it retain power in 2019 polls.
A 'Long White Day' signifies that the market witnessed sustained buying interest from the bulls for the most part of the trading day which is a bullish sign.
Both the pharma indices on Sensex and Nifty plunged to their 52-week lows, eroding a massive chunk of investors’ wealth.
Amid regulatory headwinds from the USFDA and pricing pressure back in India, Jhunjhunwala asked about growing consolidation on the buying side in the industry and can it also extend towards sell side consolidation.
Here are top 10 data points to help you spot profitable trade.
A bearish candle is formed when the index closes below its opening level. It signifies that bears kept the selling pressure throughout the trading session.
The market is likely to remain volatile amid escalating geopolitical tensions. However, the long-term structural story remains intact and investors should use dips to buy into quality stocks.
The Met department has predicted the onset of the monsoon in Kerala on May 30, but the seasonal rainfall may arrive a day earlier.
Here are top 10 data points to help you spot profitable trade
Many midcap companies were trading at valuations which some would term expensive; hence, some bit of consolidation was required.
Top ten data points to help you spot profitable trade.
The index also made an ‘inside bar’ kind of pattern which is a 2-bar pattern on the daily charts in which the latest candle is formed completely inside the shadow of the preceding candle.
The structural uptrend still looks strong and intermittent corrections should be bought into, suggest experts.
Key earnings, macro data apart from service sector’s reaction due to GST rates could influence the Street the next week
Equity markets mirror the economic fundamentals and if GST is likely to add to that strength, investors have nothing to worry about.
FMCG companies stand out as key beneficiaries and stocks like Colgate, HUL as well as Pidilite Industries stand out as key beneficiaries, Kotak Ínstitutional Equities said in a note.
Niche indices such as BSE FMCG and Nifty FMCG gained over 2 percent. Major stock such as ITC and Hindustan Unilever too gained
The Affordable Housing Portfolio has 20 stocks that we will constantly monitor. We recommend investors gradually build up this portfolio in the pre-assigned weights as indicated.