Dow Jones 30 and NASDAQ 100 Price forecast for the week of January 8, 2018, Technical Analysis

The US stock markets rally during the week, even though we had a less than anticipated jobs number coming out of the United States. I think it’s obvious that the stock markets continue to find plenty of bullish pressure, and this week of course would have been when money management came back from...

S&P 500 Price forecast for the week of January 8, 2018, Technical Analysis

The S&P 500 has rally during the week, breaking above the 2700 level, and more importantly from a technical analysis standpoint, breaking above the top of a shooting star from the previous week and the previous week before that. In other words, this is a very bullish sign.   The S&P...

Nifty Bank Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

NIFTY BANK: Nifty Bank closed the week on positive note gaining around 0.20%. As we have mentioned, last week that minor support for the index lies in the zone of 25400 to 25500. Support for the index lies in the zone of 25000 to 25100 from where the index broke out of triple top pattern. If...

Nifty Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

NIFTY: Nifty closed the week on positive note gaining around 0.30%. As we have mentioned last week, that minor support for the index lies in the zone of 10400 to 10450. Support for the index lies in the zone of 10000 to 10100 where medium term moving averages and break out levels are lying. If...

Market Week Ahead: Infosys and TCS earnings, macro data among 10 things to keep investors busy

Blue-chip companies like Infosys, TCS and IndusInd Bank will announce its Q3 numbers in the coming week. It was a good start to the year 2018 as benchmark and midcap indices ended the week at fresh record closing high despite higher crude oil prices, driven by positive global cues and progress on...

Global brokerage firms see Nifty hitting 11,400-11,500 and Sensex 37,000 in 2018

Investors who are looking to enter can either wait for a dip or enter at current levels as the rally is likely to extend towards 11,400-11,500 on Nifty, which translates into an upside of nearly 1,000 points or 9 percent from current level while for the Sensex it could be closer to 37000.   Two...

Nifty may move towards 10,700 with support at 10,470 ahead of January expiry

The current price ratio (Bank Nifty/Nifty) has been continuously declining from 2.50 to 2.42 levels in the past few weeks. However, the ratio has a decent support near 2.42 levels. The Nifty was finally able to provide highest weekly closing despite a decline seen towards 10,400 in the past week. Since...

DuPont analysis: These 4 stocks gained over 500% in the last three years

DuPont analysis -- an increasing operating profit margin, an increasing asset turnover, and a decreasing asset-to-equity ratio. Picking stocks to invest in could be tricky at times, particularly when there are tips flying around left, right and centre. There are many aspects one must ideally consider...

FPI inflows on course for a record, may jump 5-fold in FY18

Foreign Portfolio Investors (FPIs) had pumped in Rs 48,400 crore or USD 7 billion into the domestic equities in FY17 and this is set to witness a four-five-fold increase in the year to March at USD 28-35 billion.   On a day when the key indices scaled new life-time highs on strong inflows,...