Mazhar advised traders, for time being, to take profits and refrain from creating fresh longs till Nifty dips towards its support points.
Credit Suisse prefers investment-related stocks (due to likely continuity in public capex growth) over consumption-focussed stocks for India in 2019.
Breaking below 10,750 levels could lead to pressure in the market, says Ashish Chaturmohta of Sanctum Wealth Management.
'We will have a strong earnings cycle going ahead', Jaipuria added.
Neelkanth Mishra said the relative underperformance of private corporate banks is staggering.
'There has been bull markets in which consumption has also done badly and there was an opportunity there,' Sekhar said.
Mazhar Mohammad of Chartviewindia.in advised traders at this point in time to remain cautious and maintain a tight stoploss below 10,800 on closing basis.
The Nifty IT index managed to surpass its 50 DEMA but remains near to its hurdle zone, says Chandan Taparia of Motilal Oswal Financial Services
There are mainly two types of patterns, NR 4 pattern (NR means = Narrow Range) which will be the narrowest range in four days while an NR7 which will be the narrowest range in seven days.
LTCG, PNB scam, US-China trade war and MF reclassification are among the events that impacted the market this year.
Candlesticks are so named because the rectangular shape and lines on either end resemble a candle with wicks.
Most experts feel that for bulls to regain control, Nifty50 has to close above 10,838-10,930 levels. However, a breach of 200-DMA placed around 10,750 could fuel the selling pressure with an initial downside target of 10,560.
Investors should focus on companies with low-debt (or more preferably, zero-debt), high profit margins and top-quartile return ratios
It is important to have a stable government at the Centre which will be able to implement the much-needed reforms for the Indian economy to keep growing at fast pace
On the options front, maximum Put OI is placed at 10,000 followed by 10,200 strikes while maximum Call OI is placed at 11,000 followed by 10,900 strikes.
Enam Holdings' Sridhar Sivaram said they are long on financials because there is lot of room for monetary easing.
The brokerage believes risk-reward being favourable for corporate banks
As volatility is a long-term investor’s best friend, we believe investors should make use of such situation to accumulate good quality companies for long term
Ridham Desai & Sheela Rathi expect FPI flows to improve in 2019 after they turned net sellers in 2018
Unfavourable weather led to the CAI reducing crop estimates for Gujarat by three lakh bales, Maharashtra by one lakh bales and Telangana by 1.5 lakh bales
Mazhar Mohammad of Chartviewindia.in said as Nifty50 almost rallied around 4 percent in last two sessions it can undergo some profit booking in next one or two sessions as it is likely to test its 200 Day Moving Average (10752).
The market is expecting easier fiscal and pro-growth policy from the new RBI governor Shaktikanta Das, said UBS Securities' Tanvee Gupta Jain.
Significant upside in the Indian market will be limited due to the political risks related to the upcoming Lok Sabha elections,
Deutsche Bank said earnings revisions risks remain to the downside, but the growth incremental is in the right direction with normalising liquidity situation
Despite Tuesday's recovery Mazhar advised traders not to get carried away and focus shall continue to remain on stock specific opportunities.