A rebound may be possible after the severe sell-off, but sustainability is the level to watch given the bearish sentiment. Below are some short-term trading ideas to consider.
Stocks to Watch, 19 June: Stocks like Siemens Energy India, HDFC Bank, Aavas Financiers, Vodafone Idea, Kirloskar Brothers, Andhra Paper, Hero MotoCorp, Aegis Logistics, Aegis Vopak Terminals, Zydus Lifesciences, Tata Elxsi, Abbott India, ESAF Small Finance Bank, and Inventurus Knowledge Solutions will be in focus on June 19.
Stocks to Watch, 15 May: Stocks like Wendt India, Infosys, Hindustan Unilever, Brigade Enterprises, Genesys International Corporation, Wipro, Shilpa Medicare, Kirloskar Brothers, State Bank of India, Yes Bank, Gensol Engineering, Allcargo Logistics, Edelweiss Financial Services, Max Healthcare Institute, Navin Fluorine International, and Waaree Energies will be in focus on May 15.
Additionally, for an active partnership with the private sector towards this goal, amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act will be taken up.
The consolidation is expected to continue as long as the frontline indices trade below all key moving averages. Below are some trading ideas for the near term.
Stocks To Watch, Dec 24: Stocks like Whirlpool of India, MMTC, TVS Motor Company, TVS Holdings, Kirloskar Brothers, SPML Infra, Allcargo Gati, Symphony, Nava, and Indian Bank will also be in focus on December 24.
The market may extend its upward move amid consolidation in the upcoming session, but the "sell on rally" strategy remains valid due to the overall bearish sentiment. Below are some trading ideas for the near term.
The trend is likely to be in favour of bulls, but the Nifty 50 needs to hold above all key moving averages for a sustainable rally. Below are some trading ideas for the near term.
UPL, Kirloskar Brothers, ICICI Prudential Life Insurance Company, SBI Cards and Payment Services, Aditya Birla Capital, Wipro, and IndiaMART InterMESH will also be in focus on August 28.
The tribunal also came down heavily on both sections of family for the stalemate and expressed concerns over the impact of such family feud on thousands of public investors.
Idea shares have risen by 113 percent in one year however have corrected by more than 24 percent on year-to-date basis. Delivery based buying was seen in Idea shares on April 16 trading session.