Saturday, 17 February 2018

Technical Analysis:IT Sector and its Main Components--TCS,Infosys,Wipro,HCL TECH

  TATA CONSULTANCY SERVICES: TCS closed the week on negative note losing around 1.30%. As we have mentioned last week, that support for the stock lies in the zone of 2880 to 2910 where break out levels are lying. If the stock manages to close below these levels then the stock can drift...

TECHNICAL ANALYSIS:Banking Sector and its Main Components-SBI,HDFC BANK,ICICI BANK,AXIS BANK

  STATE BANK OF INDIA: SBIN closed the week on negative note losing around 8.50%. As we have mentioned last week, that support for the stock lies in the zone of 290 to 292 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then...

Why India’s Singapore ban is an own goal of sorts

While it’s true that Singapore Exchange has garnered a high share in one product category involving Indian equities, India’s own equity derivatives turnover has also grown at a fast pace.    A national disaster has been averted, we are told. Liquidity was migrating from India’s equity...

Nifty Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

NIFTY: Nifty closed the week on absolutely flat note. As we have mentioned last week, that resistance for the index lies in the zone of 10650 to 10750 from where the index has opened gap down. If the index manages to close above these levels then the index can move to the levels of 10900 to 11000...

Nifty Bank Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

NIFTY BANK: Nifty Bank closed the week on negative note losing around 1.20%. As we have mentioned, last week that minor resistance for the index lies in the zone of 25700 to 25800. Resistance for the index lies in the zone of 26200 to 26300 from where the index has opened gap down. If the index...

Technical View: Nifty forms bearish candle; brace for volatility in coming week

The index consolidated throughout this week, a pattern which is likely to continue in the coming week as well unless it breaks above 10,600.    The Nifty50 which started with a slight gap on the higher side on Friday failed to keep the momentum going as bears took control of D-Street...

Not sure where Mr. Market is headed? Option guts can still help you profit

Buying futures needs a surety of the direction as the payoff is linear but Options can still help you add returns due to its Non-Linear Payoff behaviour. Often we could see the market trading in a shrinking range and expect a breakout but not sure of which direction i.e. bullish or bearish. Buying...

Looking for midcap marvels? Top 10 stocks from Dolly Khanna portfolio which rose up to 400%

Dolly Khanna, along with her husband who has been her investment advisor, raised stake in 1 company in her portfolio while she trimmed shareholding in 16 companies. Looking for value in midcap space? Is it the right time to bet on broader market? Well, if you have these questions then you are not...

Deutsche Bank sees 10% Nifty rise in 2018, political instability as only risk to market

The Nifty had rallied 29 percent in the previous year, but equity returns in 2018 will not be as good as 2017. He expects an upside of 10 percent on Nifty & Sensex by end of the year. Deutsche sees Nifty at 11,500 levels and Sensex at 37,000 by December-end. He is not worried for market due...

Porinju says politics to be trend decider for market, bets on 2 infra stocks

Benchmark indices have corrected about 6 percent and mid & smallcaps around 8 percent in the last 2-3 weeks, which was healthy correction, Porinju Veliyath, Founder of Equity Intelligence India said.    He believes the markets are not looking into any bubble territory, they look...