Bagadia is bullish on Bajaj Auto, Avenue Supermarts and HDFC Life Insurance for the short term
We are cautious in the market for the month ahead. On the higher side, 14,900/15,000 is the strong resistance while on the downside 14,000/13,800 is the strong support for the Nifty index, says Bagadia.
For the upcoming week, the Nifty has strong support at 14,250 levels. While breaching below, it can fall towards 13,800-14,000 levels, says Sumeet Bagadia.
COVID-19 infections, macro-economic data like PMI manufacturing & services, IIP and auto sales will influence the market movement in the April series, says Bagadia.
For the week, one should keep watch on 11000 levels for the Nifty, if the Index breaks this resistance then we will see an upside movement up to the level of 11300.
Our view for BankNifty is bullish even from the present level. The way the index has been trading since the last few days, it indicates a further upside movement.
Technically, 9000-9500 is a trading range in which the Nifty index has been trading for the last many days. If the index gives the breakout of the same then 500-800 points of movement will be there on either side direction.
The overall demand for Gold and silver investments have also increased in the current period to an all-time high, due to volatile Indian equity markets and further concerns about the health of the Indian economy.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Kunal Shah of Nirmal Bang Commodities with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia Choice Broking with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on commodity markets and specific commodities.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia Choice Broking with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on commodity markets and specific commodities.
Watch the interview of Sumeet Bagadia of Choice Broking with Reema Tendulkar & Nigel D'Souza on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Watch the interview of Sumeet Bagadia, Choice Broking, with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on commodity markets and specific commodities.