April Series

COVID impact on May series! Traders should refrain from carrying long positions

We witnessed a good amount of long rollovers seen in Dr. Lal Path Lab, Navin Fluorine, Pfizer, Cadila Healthcare, Bajaj Finserv, SRF, National Aluminium, Glenmark, Tata Steel, Deepak Nitrate, Hindalco, Aarti Inds, etc., says Purohit.

More consolidation possible in FY22; Nifty may hit 16,300 by December 2021: Vikas Jain of Reliance Securities

The stellar returns of 71% in FY21 were on a lower base of valuations, steep correction in the last quarter of FY20 on account of global sell off with respect to the Covid crisis, says Jain.

Outlook for April series: Nifty for bulls, Bank Nifty for bears, says Siddarth Bhamre of InCred Capital

Since defensives have been performing well because of which the Nifty outperformed the Bank Nifty, positional traders, depending on their orientation, should check-in the index accordingly, says Bhamre.

Bulls can take control if Nifty goes past 14,900-15,000 in April series, says Gaurav Ratnaparkhi of Sharekhan by BNP Paribas

The short-term correction offers an opportunity to market participants to create fresh long positions in the small and midcap space before the next leg of the rally begins, says Ratnaparkhi.

Risk-to-reward in favour of going long in select auto stocks: Aditya Agarwala of Yes Securities

The auto Index had run up quite significantly and was sitting in overbought territory, a correction in the sector should be considered healthy that will make room for the next leg of the upmove, says Agarwala.

High rollover to May series on the back of low base; pharma stocks see long positions

The up-move was supported by FIIs long positions in the derivatives segment as they continued to buy the index futures and also did a good amount of short covering.

'To dodge the COVID-19 bullet investors should follow these 3 simple rules'

Every shock in the market creates an opportunity for longer-term investors. No one currently in positions to comment on the bottom as Corona spread is getting wider with every passing day.

Last 10-year data suggests April belongs to bulls; will 2020 be different?

Nifty50 jumped over 6 percent in April 2018, followed by 4.3 percent in April 2013 and over 1.48 percent in April 2016 — three of the biggest gains in April in the last 10 years.

'Nifty might rally back to 9,700 if COVID-19 cases come under control globally'

The Nifty50 might rally back to 9,700 if corona cases are in control else then we could see the Nifty dragging back and possibly even break its recent low of 7511.

For the time being, 7,511 can be taken as a bottom in the intermediate-term: Umesh Mehta

April may turn out to be a sucker’s rally where the fence-sitters will be pulled in. We will see some amount of price stabilizing but a major rally to go past 10,000 on the Nifty is less likely.

'Bulls could return on D-Street if Nifty crosses above 10,000 in April series'

If Nifty can come above 10,000 levels if the situations in front of COVID-19 improves from here because valuations are very attractive at current levels.

F&O expiry: April series rollover at 62.12%, 9 stocks see short build-up

The down move was supported by fresh short positions, but most of them are now out of the system as the open interest has declined by 23.88% on the expiry-to-expiry basis.

Tech View: Nifty forms short bull candle on expiry day; eyes fresh high in Apr series

As long as Nifty trades above 9,133-9,119, the index is on track to hit fresh record highs above 9,218 in April series, suggest experts.

Long-term investors should wait for better prices to enter: Pros

Market expert, Anand Tandon, says longer-terms investors need to book profits and wait for better price to enter the market again.

How to play Infosys now?

Ambareesh Baliga, Managing Partner, Edelweiss Financial Services said he sees market at 5,400 on the lower side and 5,600-5,620 on the higher side for the next three weeks.

Nifty to touch 5,700 in Apr; bet on cement, pharma: Experts

Nifty to touch 5,700 in Apr; bet on cement, pharma: Experts Market analyst SP Tulsian of sptulsian.com forecasts the Nifty to touch 5,700 in the April series while Dhirendra Tiwari of Antique Institutional Equities advises investors to bet on cement and pharmaceutical sectors, in an interview to CNBC-TV18.

Market looks stable; focus on stock-specific plays: Udayan

The important April series gets underway today. The March series was volatile and turbulent. The flows have been good given how poor India has performed. The market has got nearly Rs 10,000 crore in the March series despite so much damage, which has happened on individual names.

See resistance at 5750-5800; sell on rise: Angel Broking

In an interview to CNBC-TV18 Siddharth Bhamre of Angel Broking shared outlook on the Futures and Options segment and stocks across various sectors.

Trend still intact as long as 5080 doesn't break: Manghnani

Yesterday was a very strange day and an even stranger April series as far as the Nifty is concerned, says Anil Manghnani of Modern Shares & Stock Brokers.

From trader's view, 5180 crucial level to watch: Manghnani

The F&O expiry is expected to close with a whimper. For many, the April series may have been slightly disappointing to say the least. Anil Manghnani of Modern Shares & Stock Brokers finds it a little disappointing that after going above the trend line at 5,300, the market has came back below that.