Thursday, 17 May 2018

Nifty likely to consolidate in a 250-point range; buy these 3 stocks for returns up to 21%

Here is a list of top three stocks that could deliver up to 21% return in the next six months.   Equity benchmarks last week formed a strong bull candle and almost tested our earmarked target of 10,950, which is the 80 percent retracement level of the major leg of the decline (11,172-9,952). Going...

These top 10 stocks can return up to 55% in 1 year

Analysts feel India, which imports more than 80 percent of its oil requirements, can manage to absorb up to $80 per barrel but beyond that it could be a major risk.     After a recent run-up, the market has been consolidating as investors digest outcome of the Karnataka election. It...

Technical View: Nifty forms Bearish Belt Hold kind of pattern; MACD gives a sell signal

A ‘Bearish Belt Hold’ pattern is formed when the opening price becomes the highest point of the trading day (intraday high) and the index declines throughout the trading day making up for the large body.   The Nifty50 which started with a small gap on the higher side in morning trade on...