April 25, 2019 08:14 AM IST
If the market sustains above 11,750 on April 25, we may see the index moving into a new high zone in the short term.
April 24, 2019 08:26 AM IST
On the downside, the immediate support is placed at 11,500 levels for Nifty while 29,350-29,250 zone will act as a major support for Bank Nifty.
April 23, 2019 08:41 AM IST
The likelihood of volatility cannot be ruled out ahead of current month’s F&O expiry next week, and sluggish growth outlook as indicated by big corporate which also is expected to halt the momentum.
April 22, 2019 08:10 AM IST
We may see some long unwinding around 11,900-11,950, which will lead to a small correction. Going forward, the support is likely to shift upward to 11,650-11,700
April 18, 2019 08:03 AM IST
We expect the uptrend to continue initially towards 12,000 and then towards 12,300 levels.
April 16, 2019 08:20 AM IST
We feel Nifty may consolidate further in the near future within 11,500-11,800 levels prior to next directional move.
April 15, 2019 08:24 AM IST
The equity market is likely to remain volatile going forward on account of general election coupled with weak global growth prospects which are expected to deepen the sentiment.
April 12, 2019 08:19 AM IST
The current weakness is likely to get extended further only if the weekly Doji pattern low of 11,559 is broken on a closing basis, which is acting as crucial support.
April 11, 2019 08:27 AM IST
A close beyond 11,760 is required for resumption of the bull trend, otherwise, bears may push the index down gradually
April 10, 2019 08:16 AM IST
11,580-11,500 levels will act as a key support level for the Nifty and traders should use every dip as a buying opportunity.
April 09, 2019 08:23 AM IST
We strongly advocate focusing more on stock selection and trade management aspects, said Jayant Manglik of Religare Broking
April 08, 2019 08:14 AM IST
Traders are advised to stay positive and try to identify potential candidates that have probably given decent corrections and are now gearing up for the next leg of the rally
April 01, 2019 08:11 AM IST
We believe ongoing consolidation would help it to cool off the overbought situation of the weekly stochastic oscillator (at 90), in turn, making the market healthier.
March 29, 2019 08:33 AM IST
Going forward, we expect the midcap stocks to play catch up to the heavyweights.
March 26, 2019 08:25 AM IST
Traders should use intermediate corrective or consolidation phase to accumulate quality stocks.
March 25, 2019 08:23 AM IST
We still advise traders not to have a contrarian approach on the market and should rather capitalize on such declines.
March 18, 2019 08:30 AM IST
On the higher side, 11500 followed by 11600 would be the immediate levels to watch out for and on the downside, 11370 and 11300 should be seen as important supports in the forthcoming week.
March 11, 2019 08:18 AM IST
A move towards this important junction cannot be ruled out in days to come. Traders are advised to trade with a positive bias and expect 10994 – 10840 to act as a strong support zone for now.
March 08, 2019 08:19 AM IST
It is advisable to take some profit off the table at the current juncture in the mid and small-caps and wait for a decent throwback to renter at lower levels.
March 01, 2019 08:29 AM IST
Market would remain volatile in the coming week on account of geopolitical concerns and any corrective decline during the current volatility towards the support area of 10750 – 10600 should be capitalised as an incremental buying opportunity.
February 25, 2019 08:18 AM IST
The entire reality space has been buzzing since the last couple of weeks on the hope of GST rate reduction for under construction houses
February 18, 2019 08:10 AM IST
10875 – 10920 zone will be a strong supply zone and only sustainable move above this level will bring some relief rally to our market.
February 15, 2019 08:31 AM IST
If the smallcap index manages to hold above the 5670 levels on a closing basis, a meaningful bounce back is likely in the sector.
February 12, 2019 08:24 AM IST
We maintain our stance that convergence between the broader market and the benchmark index is essential for any sustainable move.
February 11, 2019 08:10 AM IST
The first half of the week gone by has been fantastic for benchmarks. In the process, Nifty has managed to surpass its multi-month hurdle of 11,000
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