Saturday, 9 June 2018

Technical View: Nifty forms a ‘Long Legged Doji’ on weekly charts; 10,818 crucial for bulls

A typical long-legged Doji pattern is formed when the opening price is almost equal to the closing price but there was a lot of intraday movement on either side.   The Nifty50 which opened with a gap down managed to recoup a majority of its losses and closed flat with slight negative bias...

Time to go short? Risk reward is attractive to create short positions on Nifty

Risk-reward ratio at this level is quite attractive to create short positions, and on the downside, 10,417-10,300 levels will be the targets to watch out for.   The Nifty, in the week gone by, witnessed sharp swings in both the directions and ultimately posted a third consecutive weekly...

Global brokerages bet on these 10 mid & smallcaps that could return 16-71%

In terms of returns, the BSE Midcap and Smallcap indices saw a cut of 11 percent and over 14 percent so far in 2018, compared to an over 1 percent return in the Sensex.    Mid and smallcap stocks that provided handsome returns in 2017 lost some sheen in 2018 as investors lost over Rs...