Stocks to watch, 04 November: Stocks like Bharti Airtel, Titan Company, Power Grid Corporation of India, Bharti Hexacom, SJS Enterprises, Godfrey Phillips India, Timken India, JK Paper, Niva Bupa Health Insurance, Kirloskar Brothers, City Union Bank, Hitachi Energy India, TBO Tek, and Hero MotoCorp will be in focus on November 4.
The market may witness some correction following Friday’s turmoil in US counterparts. Still, technically, the trend remains upward as long as the index stays above all EMAs. Below are some short-term trading ideas to consider.
Stocks to Watch, 20 May: Stocks like CMS Info Systems, GMR Power and Urban Infra, New India Assurance Company, Marksans Pharma, Ami Organics, Bharat Bijlee, Le Travenues Technology, Mangalam Organics, Integrity Infrabuild Developers, Power Grid Corporation of India, Bharat Electronics, DLF, ACME Solar Holdings, Borosil, Petronet LNG, and DOMS Industries will be in focus on May 20.
JK Paper will buy 65 percent in Quadragen Vethealth upfront under a share purchase and shareholders' agreement and the remaining 35 percent will be acquired over four years
JK Paper reported a steep 72 percent YoY decline in net profit, which plunged to Rs 65 crore in Q3FY25
Stocks To Watch, Jan 30: Stocks like eClerx Services, Tamilnad Mercantile Bank, Capital Small Finance Bank, Raymond, Samhi Hotels, IFB Agro Industries, Chalet Hotels, Jindal Stainless, Restaurant Brands Asia, SRF, Ask Automotive, Blue Dart Express, GR Infraprojects, Afcons Infrastructure, Sona BLW Precision Forgings, and 3M India will be in focus on January 30.
JK Paper’s board also approved the acquisition of a majority stake in Radhesham Wellpack Private Limited
The Nifty 50 may extend its upward trend in the upcoming session but overall remains consolidative. Below are some trading ideas for the near term.
In the short term, Jigar Patel anticipates a bounce in the markets, as Nifty has retraced about 88.6 percent of its recent rally. Additionally, there is a hidden positive divergence on the daily RSI, and a normal positive divergence on the hourly scale.
Overall sentiment remains weak, but given the somewhat oversold conditions, a bounce back cannot be ruled out early next week. Below are some trading ideas for the near term.
Given the weak sentiment, the market may extend its downward journey in the upcoming sessions. Below are some trading ideas for the near term.
The Nifty 50 is likely to trend higher and hit new highs amid consolidation. Below are some trading ideas for the near term.
Holding 22,460 could propel the Nifty 50 to the 22,800-23,000 zone, while failure could lead it down to the 22,300-22,200 levels.