May 07, 2021 05:17 PM IST
Traders should wait for further strength before initiating fresh long positions in the index, Mazhar Mohammad of Chartviewindia has said.
- May 07, 2021 04:45 PM IST
Nifty has to hold above 14750 zones to witness an up move towards 15000 -15050 zones while on the downside support exists at 14700 and 14600 zones, suggest experts.
- May 07, 2021 04:27 PM IST
More than 250 stocks including NMDC, JSW Steel, Steel Strips Wheels, Mastek hit a fresh 52-week high on the BSE.
- May 07, 2021 02:23 PM IST
Stocks held by Khanna are from midcap and smallcap segments. In 2021, the BSE midcap and smallcap indices have gained 14 percent and 22 percent, respectively, outperforming the Sensex that has gained 2 percent, so far.
- May 07, 2021 01:31 PM IST
As long as 15 minutes cycle's low near 14415 is protected, prices can show range-bound movement with a positive bias. A break below 14,415 will suggest cycles are entering into a sell zone, which can take it lower towards the earlier support area of 14,200.
- May 07, 2021 11:24 AM IST
Liquidity is a friend of the trend, but it comes at a price, said the analyst
- May 07, 2021 09:55 AM IST
While experts advise investors to book partial profits, they warn against the tendency to blindly follow FIIs and trim portfolios. Since consolidation in large-caps are likely in the days ahead, they ask investors to exit small-cap and mid-cap stocks.
- May 07, 2021 08:03 AM IST
Here's what Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities Ltd, recommends investors should do with these stocks when the market resumes trading today:
- May 07, 2021 07:54 AM IST
it is a bit futile to make sense of stock price movements in the short term given the number of factors at play. Even if we manage to explain these in hindsight, it has very little predictive power, said Gubbi.
- May 07, 2021 07:39 AM IST
Going ahead, 15000-15050 will act as a key resistance level. If the prices break above the 15050 marks, we might see the index move higher towards the 15292-15300.
- May 07, 2021 07:23 AM IST
Stock Market LIVE Updates | Except PSU Bank index all other sectoral indices ended in the green with Nifty Metal index rose over 4 percent.
- May 06, 2021 10:17 PM IST
Nagaraj Shetti of HDFC Securities feels Nifty is now placed at the crucial upper resistance of around 14,725 (swing high of May 4) and a sustainable move above this hurdle could open next upside resistance of around 14,900-15,000 levels in the short term.
- May 06, 2021 04:40 PM IST
Mazhar Mohammad of Chartviewindia advised traders to remain neutral on Nifty by shifting focus towards stock-specific opportunities.
- May 06, 2021 04:30 PM IST
On the sectoral front, IT, metal and auto indices rose 1.8-2.5 percent each, while PSU Bank index shed 1 percent.
- May 06, 2021 04:17 PM IST
For the time being, it looks prudent to remain neutral on the index by shifting focus towards stock-specific opportunities whereas traders with long side bias on Nifty are advised to maintain a stop below 14600 levels.
- May 06, 2021 01:57 PM IST
Ambareesh Baliga said a correction beyond 10 percent will create panic as most people have been playing momentum with overconfidence
- May 06, 2021 09:07 AM IST
We are witnessing global bull markets, the sentiments of which are currently unfazed by the brief spike in infection levels.
- May 06, 2021 08:55 AM IST
Here's what Ruchit Jain, Senior Analyst- Technical and Derivatives, Angel Broking Ltd, recommends investors should do with these stocks when the market resumes trading today:
- May 06, 2021 07:25 AM IST
Among sectors, Nifty Metal Index climbed 2.5 percent, while IT and Auto indices gained 1.8 percent each.
- May 05, 2021 10:51 PM IST
Rajesh Palviya of Axis Securities feels any sustainable move above 14,700 in Nifty may cause momentum towards 14,800-14,850 levels.
- May 05, 2021 05:57 PM IST
The Nifty looks set to test 15,000 on the upside in the short term. The swing low of 14,416 will act as a reversal level for the bullish stance, experts say.
- May 05, 2021 05:28 PM IST
Considering the sideways nature of the current phase, traders should remain neutral on the index, whereas positional shorting opportunity can be considered on a close below 14,490, Mazhar Mohammad of Chartviewindia said.
- May 05, 2021 04:35 PM IST
Sun Pharma, UPL, Axis Bank, IndusInd Bank and Kotak Mahindra Bank were among the top gainers on the Nifty. Losers included Adani Ports, Bajaj Finance, SBI Life Insurance, Asian Paints and HUL.
- May 05, 2021 01:42 PM IST
Global investors are nervous about the second wave and this could lead to some volatility in the market, says Chetanwala.
- May 05, 2021 12:16 PM IST
We expect the index to resolve higher and gradually retest lifetime highs of 15430 in the coming months. In the process, stock-specific action would prevail amid the progression of Q4 FY21 result season, ICICIdirect said.