The financial markets have gotten into the festive spirit a week ahead of Navratri, with the Nifty recording a strong rally
The trend is likely to remain favourable for the bulls, but some consolidation can't be ruled out. Below are some short-term trading ideas to consider.
Both stocks trade above their key moving averages and have shown golden crossover before the actual price breakout," he reasoned, Milan Vaishnav said.
The positive trend is expected to continue, as technical and momentum indicators signaled a bullish bias. Below are some short-term trading ideas to consider.
Range-bound trading is likely to be seen in the market in the upcoming sessions. Below are some short-term trading ideas to consider.
The Nifty 50 is expected to consolidate until it decisively breaks the previous week's range on either side for a firm direction. Below are some short-term trading ideas to consider.
Stocks to Watch, 4 August: Stocks like ABB India, Dilip Buildcon, ITC, Railtel Corporation of India, Hero MotoCorp, Delhivery, MCX, Muthoot Capital Services, Harsha Engineers, Tata Power, and Federal Bank will be in focus on August 4.
The market is expected to continue its rangebound trading in the upcoming sessions amid the ongoing Middle East conflict. Below are some short-term trading ideas to consider.
Given the current chart structure and improving momentum indicators, Bank Nifty is likely to continue its upward move and may test the 56,800 level in the near term with a potential extension toward 57,500, Sudeep Shah of SBI Securities said.
Stocks to watch, 9 June: Stocks like Garden Reach Shipbuilders & Engineers, GHV Infra Projects, Multi Commodity Exchange of India, Bharat Electronics, Hindustan Copper, RITES, Afcons Infrastructure, UPL, Asian Paints, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, and Manappuram Finance will be in focus on June 9.
Stocks to Watch, 09 May: Stocks like Dilip Buildcon, Multi Commodity Exchange of India, Biocon, IIFL Finance, Pidilite Industries, Chambal Fertilisers and Chemicals, Zee Entertainment Enterprises, Jindal Stainless, REC, Kalyan Jewellers India, Venus Pipes and Tubes, Lupin, and Bharat Petroleum Corporation will be in focus on May 9.
Following a significant run-up and subsequent profit booking, the index is expected to remain range-bound in the near term. Below are some trading ideas to consider for short term.
The market is expected to see more weakness in the upcoming sessions, given the dismal global cues. Below are some trading ideas for the near term.
Stocks To Watch, Jan 21: Stocks like L&T Finance, Sunteck Realty, Jammu and Kashmir Bank, Prakash Industries, Bank of Baroda, Torrent Power, Landmark Cars, Reliance Power, Ugro Capital, REC, Tata Consultancy Services, and Laxmi Dental will be in focus on January 21.
The market may consolidate until decisively climbing above short-term moving averages in the upcoming sessions. Below are some trading ideas for the near term.
ICICI Securities recommended hold rating on Multi Commodity Exchange of India with a target price of Rs 6670 in its research report dated October 23, 2024.