The market is expected to remain positive and may target the previous week's high in the upcoming sessions. Below are some short-term trading ideas to consider.
The fourth generation of the promoters of Vadilal, the Gandhi family, have 'harboured diverse interests' and different ambitions, the company had said in a statement, implying varying perception of the 'strategic direction' of the group.
There is possibility that Nifty can consolidate in between 22,250-22,877 levels in this week. A breach below 22,250 might signal again resumption of down move for possible retest off 21,800 levels, said Ashish Kyal.
The tribunal also asked the three families to pay Rs 10 lakh each to PM's National Relief Fund for "repeated and unnecessary" of various affidavits
Gravita India is in an awesome uptrend with a breakout of long consolidation and strong volume. The overall structure of the counter is very lucrative, as it is trading above all important moving averages. On the higher time frame, there is a breakout of a Bullish Flag formation, which suggests much more potential upside in this counter.