-
A formation higher bottoms on the weekly chart and last week's low at Rs 381 could be considered as a new higher bottom of the sequence for KEC International. Weekly 14 period RSI (relative strength index) showing positive indication. One may expect further strengthening of upside momentum in the stock price ahead
-
Moneycontrol has collated a list of rate-sensitive stocks that may be a good buy at current levels or on dips from a 2-3 weeks' perspective. Returns are calculated based on April 7 closing price.
-
HDFC Bank saw the most action on April 4 and was the biggest Nifty50 gainer, rising 10 percent to Rs 1,656.80 on the announcement of HDFC merger
-
Here are nine picks (mix of largecap, midcap, and smallcap) suggested by the market experts and portfolio managers that can be added to your portfolio to gain healthy returns by next Holi.
-
The biggest beneficiaries would be the infrastructure segment, capital goods, real estate, railways, power, fintech, agriculture, defence and banks, say experts. One of them said the Budget will be negative for the entire PSU and PSU bank space since there were no major announcements on divestments.
-
Vidnyan Sawant of GEPL Capital believes the Nifty will face strong resistance at 18,210 and 18,604 mark. On the flip side, the support levels would be placed at 17,380 and 16,830 levels.
-
The Nifty50 is rising above its short and medium-term moving averages which is a positive sign and the participation from largecap counters is what gives confidence to investors.
-
Reliance retained its position as the biggest wealth creator for the third year in a row, with a 13.6% share of the total wealth created during 2016-21, according to a study by Motilal Oswal
-
HDFC twins and SBI are among the list of stocks being presented by three experts. They also explain why technical indicators are favouring these stocks.
-
One can expect the index to move in a range between the 17,300-18,000 levels, as long as the prices do not break above the 18,000 level, says Karan Pai of GEPL Capital.
-
Following the rally over the past one month, experts suggest that investors book timely profits and avoid aggressive buying. According to them, the next resistance on the Nifty 50 is expected at 18,000, with support at 17,600.
-
Be light on positions, keep strict stop-loss orders, and book profits at regular intervals, advise experts. “It's always better to be safe than sorry,” says one analyst. In the meantime, they present a list of 10 stocks that you can consider.
-
The index is likely to trade in the 16,800-17,800 range as the maximum put and call option additions are seen there for the Sept 30 expiry. Meanwhile, Escorts, HDFC AMC and HDFC Bank look promising short-term buys.
-
"The key support levels for Nifty for the short term are 16,722 (gap support) and 16,376 (three-week low)," said Vidnyan Sawant of GEPL Capital.
-
The only concern is the banking index, which has shown a relative underperformance. But this index is still in a consolidation phase, and there's a good probability of some buying interest emerging. This would further support the benchmark, says one analyst.
-
The bullish momentum can take the Nifty towards 17,019. If the index goes past this level, it can head to 17,799, says Karan Pai of GEPL Capital
-
The immediate support for the Nifty is placed near 16,400 level and resistance is pegged near 16,900 level, said Rohan Patil of Bonanza Portfolio
-
Now, 16,800 would act as strong resistance for Nifty on the higher side while bias is likely to remain in favour of bulls in the upcoming sessions, said Shitij Gandhi of SMC Global
-
The second wave of the coronavirus is the main reason why most banking stocks failed to carry forward the healthy Q4FY21 numbers. With economic activity picking in June, business growth is expected to improve from the second half of FY22, say experts
-
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.
-
Near-term support for Nifty is placed near the 15,650 level and once the previous high of 15,915 is sustainably breached, it could rise towards the 16,000 mark and even higher.
-
Given the expected strong momentum, experts advise top 14 stock picks that are available at attractive valuations now
-
Overall experts feel the FY22 would remain strong for the market and economy, though COVID-19 may hit earnings in Q1FY22.
-
There could be some impact of COVID-19 on economic and earnings growth -- at least in the first quarter of FY22. This would ultimately hit full-year growth to some extent, but there could be faster recovery, post the second wave.
-
After a bull run in FY21, the new fiscal year has begun with some uncertainty because of the second wave of COVID-19 and higher commodity prices but analysts remain optimistic about economic growth and corporate earnings, making several stocks very attractive.
