Oct 07, 2021 07:50 AM IST
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.
- May 27, 2021 07:31 AM IST
Support for Nifty is placed at 15,050 while resistance is near 15,430 (all-time high).
- Apr 02, 2021 08:51 AM IST
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.
- Feb 10, 2021 07:20 AM IST
At the current juncture, for any sharp upside towards new record highs, Nifty should give a decisive move above 15,300.
- Dec 14, 2020 07:29 AM IST
On the daily chart, we can now see a ‘Dragonfly Doji’ pattern and with the last two days' intraday swings, 13,400 has become crucial support.
- Oct 21, 2020 02:15 PM IST
As the September quarter earnings bouyed market sentiment and increased hope for strong earnings growth in coming years, brokerages upgraded majority of quality stocks in current month.
- Aug 21, 2020 07:18 AM IST
Nifty Midcap and Nifty Smallcap indices have outperformed gaining 3.1 percent and 4.3 percent, respectively, while Nifty has gained 1.2 percent in the week to date.
- Jul 10, 2020 07:04 AM IST
The Bank Nifty index has been a laggard in the current upmove and may outperform the broader markets with key potential targets of 23,800-24,100 levels over the next few weeks.
- May 31, 2020 12:54 PM IST
The next leg of upmove can be expected only if the 9,600 level gets traded on a higher side decisively on closing basis after the mild consolidation and in such case the bulls can extend this rally till 9,889 and 10,050.
- May 27, 2020 07:18 AM IST
On the technical front, 8,800-9,300 range would remain crucial in the coming sessions and we may witness a tug of war among bulls and bears to continue.
- May 15, 2020 07:29 AM IST
The first round of stimulus announcements failed to cheer investors and the market would now wait for the complete announcements and lockdown 4.0 details for the next move.
- May 14, 2020 06:59 AM IST
Technically, the rally of May 13 has not significantly changed the overall bearish structure for the benchmark index. The index needs to fill the gap created on May 4th and needs to sustain above 9,700 level.
- Apr 22, 2020 02:19 PM IST
Key positive during the quarter was reduction of variable costs which management believes is sustainable.
- Apr 16, 2020 10:29 AM IST
While the banks and NBFCs have been dominating the benchmark indices, market experts say emerging sectors such as pharma are gearing up to take the front seat.
- Apr 13, 2020 07:08 AM IST
As Nifty is almost 21 percent up from its 52 week low, it confirms a strong bottom is in place and any fall near 8,650 levels would be a good opportunity to create longs in the index.
- Apr 07, 2020 08:57 AM IST
Mitessh Thakkar of mitesshthakkar.com recommends buying Apollo Hospitals with a stop loss of Rs 1,174, target at Rs 1,235 and CESC with a stop loss of Rs 412, target at Rs 450.
- Feb 19, 2020 11:27 AM IST
The demand for cement demand has started recovering from December, with volumes growing by 3-5 percent YoY, as against a decline of 2-3 percent in the first half of FY20.
- Feb 10, 2020 02:18 PM IST
The market is likely to remain in consolidation mode in next week amid corporate earnings, Delhi assembly elections results and domestic data including IIP, CPI and WPI.
- Jan 24, 2020 08:48 AM IST
Mitesh Thakkar of miteshthakkar.com recommends buying ACC with a stop loss of Rs 1533 for target of Rs 1580 and Infosys with a stop loss of Rs 775 for target of Rs 806.
- Jan 22, 2020 09:59 AM IST
Most brokerages feel 2020 could be the year for broader markets to do well
- Jan 02, 2020 08:38 AM IST
Mitesh Thakkar of miteshthakkar.com recommends buying Adani Power with a stop loss below Rs 63 for target of Rs 67 and PAGE Industries with a stop loss of Rs 23200 for target of Rs 24400.
- Dec 16, 2019 08:50 AM IST
Mitesh Thakkar of miteshthakkar.com recommends buying Ashok Leyland with a stop loss of Rs 78.8 and target of Rs 85 and Hindalco Industries with a stop loss of Rs 204 for target of Rs 218.
- Nov 19, 2019 11:12 AM IST
We expect Nifty to continue hover within 11,700-12,100 range and feel it’s a healthy pause and the overall trend would remain positive.
- Nov 01, 2019 08:34 AM IST
Prakash Gaba of prakashgaba.com suggests selling Just Deal with stop loss at Rs 597 and target of Rs 570
- Sep 18, 2019 11:46 AM IST
The global brokerage also initiated coverage on ACC and Ambuja Cements with a cautious view based on potential for continued weakness in demand scenario in the near term versus expectations.