-
A rebound may be possible after the severe sell-off, but sustainability is the level to watch given the bearish sentiment. Below are some short-term trading ideas to consider.
-
The market is likely to consolidate further until it decisively gets back above last Thursday's high. Below are some short-term trading ideas to consider.
-
The consolidation phase is likely to continue until the index shows a strong and sustainable close above short-term moving averages. Below are some short-term trading ideas to consider.
-
The consolidation is expected to continue until the frontline indices decisively surpass their recent swing highs. Below are some short-term trading ideas to consider.
-
Momentum is expected to drive the rally further in the equity markets. Below are some short-term trading ideas to consider.
-
Bulls are expected to maintain tight control over Dalal Street, despite the possibility of intermittent consolidation. Below are some trading ideas for the near term.
-
The benchmark indices are likely to surpass their swing high of February in the upcoming sessions. Below are some trading ideas for the near term.
-
The benchmark indices may sustain the negative trend, with focus on the outcome of the two-day Federal Reserve policy meeting, which is due on December 18. Below are some trading ideas for the near term.
-
The market is expected to consolidate further until it trades below all key moving averages. Below are some trading ideas for the near term.
-
A close above 24,500 could drive the Nifty 50 towards the 24,700-24,800 zone, but if it stays below this level, consolidation and range-bound trading may continue with 24,200 as support. Here are some trading ideas for the near term.
-
Given the current price action, an upside breakout seems more likely, suggesting that a move above 24,500 could pave the way for further gains in the Nifty 50.
-
According to experts, the Nifty 50 needs to break its consolidation by decisively climbing above 24,400, which could open the doors for 24,700, while 24,100-24,000 is expected to be a key support zone. Here are some trading ideas for the near term.
-
Nykaa has seen a strong breakout after several weeks of consolidation. The stock has seen a formation of long bullish candlestick pattern on the daily charts with healthy volumes.
-
Nykaa formed strong bullish candlestick pattern on the daily timeframe with above average volumes. Now, the stock traded above all key moving averages with 20-day EMA acting as an immediate support for the stock.
-
Nykaa was the third largest gainer in the Nifty500, rising more than 9 percent with robust volumes after breakout of horizontal resistance trendline adjoining multiple touchpoints. The stock traded above all key moving averages.
-
The zone of 17,600 –17,800 would be a tough nut to crack since we have a gap area near 17,500–17,600. Traders are advised to book their longs in index near this zone
-
Nykaa rallied nearly 8 percent to Rs 136.65 and formed a long bullish candlestick pattern on the daily charts, after taking support at around Rs 121-122 levels in the previous session and defended the all-time low of Rs 120.70 on January 23 this year.
-
Nykaa jumped over 5 percent to Rs 146.3, the highest closing level since January 13 and has seen formation of bullish candlestick pattern on the daily charts. In fact, it has been in an uptrend for last seven out of eight straight sessions, but still below all long term moving averages (50, 100 and 200 EMA).
-
Some analysts have started upgrading their rating on the stock as prices have fallen a lot and valuation is turning favourable.
-
The asset manager has snapped up 11.1 million shares in Nykaa’s parent since November 10. That’s roughly 16 percent of the shares sold since the end of the lock-in period for pre-IPO investors.
-
The decision taken by the Nykaa board hurts retail investors the most. Fund managers and analysts are questioning the intent behind and the timing of the bonus issue.
-
After a medium term correction, Nykaa is hovering within the range of Rs 1,300 to Rs 1,540. Technically, the short term texture of the stock is non directional and we are of the view that the rangebound activity is likely to continue in the near future.
-
ICICI Securities warned that higher inflation could present a challenge for consumer demand in the near term
-
Post listing, Nykaa saw some consolidation but has seen a corrective phase since the start of this month. The historical data is limited to analyze the stock for long term but from a near term perspective, Rs 1,200 is the immediate support.
-
The brokerage firm expects Nykaa’s revenues to grow 36 percent annually over the next five years driven by the BPC and online fashion business.
