Aug 15, 2021 09:05 AM IST
If we look at a bigger picture then we are very much a buy-on-dips market. However, the dips could be considerable and difficult to project at this point in time.
- Aug 01, 2021 10:57 AM IST
Rollover of Nifty stood at 82.76%, which is higher than its quarterly average of 76.06%. The high rollover figure is mainly due to the low base of open interest, says Kothari.
- Jul 18, 2021 11:24 AM IST
Kothari is bullish on Godrej Properties, BPCL and RIL in the short term
- Jun 28, 2021 01:26 PM IST
Greaves Cotton has seen a major breakout and is headed for the Rs 250 level in 6-12 months, say analysts. They advise long-term investors to hold the stock as technical charts indicate further rally.
- Jun 21, 2021 09:33 AM IST
Kothari is bullish on UBL, Sun Pharma and Aurobindo Pharma for the short term
- Jun 07, 2021 02:49 PM IST
The stock got listed on the exchange in the year 2014 near Rs 75 odd levels and then rallied towards its lifetime high of Rs 134, and since then the stock underwent relentless fall and came down till the recent low of around 25 and then bounced back.
- May 30, 2021 07:56 AM IST
Considering the breakout on May 28 from this broad range we could expect 1000 points upside from the 15,400 mark. In such a scenario 16400 could be the target for a few months. The support for the index is placed at the 15,000 mark.
- May 02, 2021 10:47 AM IST
Metals have outperformed in the past few months on the back of price hikes and demand revival, Kothari said.
- Apr 17, 2021 10:24 AM IST
With regards to the Nifty Bank, if at all 30,000 is held on the downside then we could see 34,000-36,000 pretty soon in the index, AnandRathi's Mehul Kothari told Moneycontrol.
- Mar 21, 2021 09:57 AM IST
The scrappage policy is good for the entire auto pack—private as well as commercial vehicles. However, old vehicles are not that high in numbers, so the benefit would be a long-drawn process, says Kothari.
- Mar 06, 2021 12:24 PM IST
Buying interest is being seen even near minor supports but if 14,467 is breached decisively, we expect a considerable fall in the market, says Kothari. Traders should remain cautious below that support.
- Feb 20, 2021 08:34 AM IST
A breach of 14,800 would lead to a sharper fall towards 14,600 due to unwinding by the Put writers. An attempt to clear 15,200 could be used to exit long trades, says Mehul Kothari of AnandRathi.
- Feb 14, 2021 11:53 AM IST
On the downside; intermediate supports are at 14900 and 14600 for Nifty50. A weekly close below 14600 could be a damaging factor in the coming 3 – 4 weeks, says Kothari.
- Mar 13, 2020 06:59 AM IST
The zone of 9,500–9,000 could act as strong support for the markets from here. If this support is held in the coming sessions, then we are of the opinion that some stability is likely to return to the markets.