BUSINESS
Hot Stocks | Asian Paints, Berger Paints India, DMart can give up to 19% return in short term
"The key support levels for the Nifty in the short term are 15,430 and 15,145. On the upside, the key resistance level is 15,962," said Vidnyan Sawant of GEPL Capital.
BUSINESS
Hot Stocks | Tata Steel, HDFC Bank and Dabur India can give double-digit returns in the short term
On the weekly timeframe, the Nifty has been moving in a range of 15,430–15,915 for the last few weeks which indicates the momentum of the market has slowed down but there is still no sign of trend reversal, said Vidnyan Sawant of GEPL Capital.
BUSINESS
Hot Stocks | Here's why Titan, Bharat Electronics and Piramal Enterprises are short-term buys
Nifty has been forming an indecisive candle pattern for the last three weeks on weekly charts. This shows fatigue in market sentiment at higher levels which can cause some correction if the Nifty breaches 15,430, said Vidnyan Sawant of GEPL Capital
BUSINESS
Hot Stocks | Infosys, HCL Tech and Deepak Nitrite can give 15-26% returns in short term
We believe that the long-term bullish trend is intact but in the short to medium term, we might see some profit booking in the benchmark index, said Vidnyan Sawant of GEPL Capital
BUSINESS
Hot Stocks | BSE, Infosys, Asian Paints can give 13-31% returns in short term
The key support levels to watch out for in the short-term are 15,135 (previous swing high) and 14,884 (5-day low).
BUSINESS
Nifty's short-term trend looks bearish, but JSW Steel, TCS, ACC can rise up to 14%
On the daily charts, Nifty could not sustain above its 20-day SMA and it has formed lower top lower bottom price formation which indicates the short-term bearish trend is intact.
BUSINESS
Hot Stocks | Here's why KEI Industries, ITC, Adani Power are a 'buy' for short term
The long-term bullish trend remains intact but in the medium-term, we might see the index in a range between 14,460 to 15,431 levels.
PODCAST
Hot Stocks: Here’s why Tata Motors, Granules and Tata Steel could give double-digit returns in short term
We might see the Nifty50 heading higher towards 15,910 and eventually 16,303 levels (100% extension level of the rise from 13,596-15,431 projected from 14,467), says Sawant.
BUSINESS
Hot Stocks: D-Mart, NCC and SBI are the top 3 buy ideas for short-term; here's why
From a medium-term point of view, we might see Nifty move towards 15,838 levels if it sustains above the 15,431-mark. Our bullish view will be reevaluated if the index breaches below the 14,977 levels.
