The market has made a new high but the number of stocks making new highs is dwindling. Market history holds some lessons for investors
Yet, given how intense the boom-and-bust cycles can be in the sector, many are also remaining cautious, unwilling to provide an all-clear sign given the mercurial nature of digital tokens -- even as they see signs emerging of Bitcoin having found a floor.
Peak interest rates, peak inflation and peak US dollar levels are good signals of an imminent market bottom. Those may be a few months away
It is not necessary that all indicators will work all the time, but it is better to observe these rather than trading blindly in the market and trying to catch a falling knife.
In order to identify bottoms, a study of how previous bottoms were made is necessary.
Atul Suri tries to explain the details and the processes involved in a technical analysis of the markets.
It has been another quiet session for the market today. The Nifty trades in a range before closing flattish around 4750 and trading volumes remained subdued, reads Udayan Mukherjee, of the market session.
Mithil Pradhan of Violet Arch Capital Advisors spoke to CNBC-TV18 about his expectations from the market today.
Rajen Shah, chief investment officer at Angel Broking tells CNBC-TV18 that domestic factors seem quite grim for the market. "Ideally, we should have been trading further down on the Sensex at near 14500 levels, and therefore, a market bottom is possibly there, 10-15% down from current levels," he says.
Manish Chokhani, N Jayakumar, Samir Arora and Akash Prakash discuss if like the previous Diwali which sent the mkt spiralling downwards since, will this Diwali be the turnaround point pushing the market up henceforth?
The bears gate-crashed the market today and sent the Nifty into a tizzy, ending down 209 points at 4923. Anil Manghnani of Modern Shares and Stock Brokers joins CNBC-TV18 to give his outlook of the day’s trades. According to him, 4890 becomes a key level now. “Nonetheless, we are setting up for a fall back to 4720,” he says.