The fact that the potential reversal zone of the harmonic pattern is formed near-critical hurdle makes a case for a small dip in the index resulting in a retest of the breakout levels.
On the monthly chart, the index has bounced every time it has entered in ‘Ichimoku’ cloud area. It first entered cloud area in 2008-2009 after which it witnessed a fresh high life level.
The Nifty Metal index is showing strong signs of multi-month outperformance compared to Nifty as well as the broader market going ahead.
Based on the technical parameters above one can infer that the Nifty Midcap100 index can test 15000-16000 zone as long as it trades above 10800 levels.
D-Street is clearly playing red holi this year, you’ve likely heard that investing in stocks and bonds is a good way to diversify your portfolio.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, Gaurav Bissa, Derivatives Analyst at LKP Securities and Ashwani Gujral of ashwanigujral.com suggests which stocks to buy, sell or hold for handsome returns.
In an interview to CNBC-TV18, Gaurav Bissa, Derivatives Analyst at LKP Securities, Sudarshan Sukhani of s2analytics.com and Ashwani Gujral of ashwanigujral.com recommends which stocks to buy, sell or hold to get the maximum returns out of them.
Gaurav Bissa of LKP Securities is of the view that one can buy Ashok Leyland futures and sell Union Bank of India.
Gaurav Bissa of LKP Securities is of the view that one can buy Bharat Financial Inclusion and Capital First and can sell Tata Chemicals.
According to Gaurav Bissa of LKP Securities, one may buy Bajaj Auto and UPL and can sell NIIT Technologies.
Gaurav Bissa, Derivatives Analyst at LKP Securities recommends buying NBCC, Bajaj Finance and Kaveri Seed Company.
Gaurav Bissa of LKP Securities advises buying Idea Cellular and Jet Airways.
According to Gaurav Bissa, Derivatives Analyst at LKP Securities, one may buy Reliance Capital and Bharti Infratel.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Dish TV and Sintex Industries and can sell DHFL.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Power Finance Corporation and Wipro and can sell BEML.
Gaurav Bissa, Derivatives Analyst at LKP Securities recommends buying Arvind and BHEL and advises selling Coal India.
In an interview to CNBC-TV18's Prashant Nair and Ekta Batra, Sudarshan Sukhani of s2analytics.com, and Ashwani Gujral of ashwanigujral.com shared their readings and outlook on market and specific stocks and Gaurav Bissa of LKP Securities gave his outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Petronet LNG Futures and Jet Airways and buy 480 Put options in Tata Steel.
Watch the interview of Sudarshan Sukhani of s2analytics.com, Prakash Gaba of prakashgaba.com and Gaurav Bissa, Derivatives Analyst at LKP Securities with Prashant Nair and Ekta Batra on CNBC-TV18.
Gaurav Bissa of LKP Securities suggests buying Bharti Infratel and Wipro.
Watch the interview of Sudarshan Sukhani of s2analytics.com, Ashwani Gujral of ashwanigujral.com and Gaurav Bissa, Derivatives Analyst at LKP Securities with Prashant Nair and Ekta Batra on CNBC-TV18.
Watch the interview of Ashwani Gujral of ashwanigujral.com, Mitessh Thakkar of miteshthacker.com & Gaurav Bissa of LKP Securities with Prashant Nair & Ekta Batra on CNBC-TV18, in which they shared their readings and outlook on market and specific stocks.
Gaurav Bissa of LKP Securities suggests buying India Cements, Voltas and Dish TV and advises selling ITC.
Gaurav Bissa of LKP Securities is of the view that one may buy Torrent Pharma, Tech Mahindra and Mahindra & Mahindra while on ecan sell Asian Paints.
Watch the interview of Sudarshan Sukhani of s2analytics.com, Ashwani Gujral of ashwanigujral.com and Gaurav Bissa of LKP Securities with Prashant Nair and Ekta Batra on CNBC-TV18, in which they shared their reading and outlook on technicals, fundamentals and Futures and Options (F&O) side of the market as well as specific stocks and sectors.