Sunday, 12 August 2018

Market Week Ahead: 10 factors that will keep traders busy next week

The market is expected to consolidate for next few sessions before resuming its northward journey, but the long term trend remains positive.    Bulls continued to dominate Dalal Street for the third consecutive week as the Nifty and Sensex hit fresh intraday record highs of 11,495.20...

Hold on to equities! It is time for a pause, but buy the dip for a target of 12,200

In the worst case scenario, correction may get extended up to 11,200 kinds of levels on the downside before resuming its up move.   New sustainable life-time highs on Indian bourses in the midst of global jitters caught many by surprise reinstating the fact that Indian indices are in a long-term...

11,435 Nifty crucial for bulls; positive momentum likely for these top 5 stocks

The index has to hold above 11,435 to extend its move towards 11,500-11,600 levels.   The Nifty failed to surpass Thursday’s high of 11,495 and witnessed a decline in profit-booking. It negated the formation of higher highs of the last five trading sessions and formed a Bearish Belt Hold...

India’s high growth trajectory could help these 3 stocks give better short term returns

Looking at IIP and GDP numbers, one thing is quite clear that India is on high growth trajectory.   The Nifty has made a new life high in the week gone by and it has been making a higher top and higher bottom formation. Every small decline is being bought into by the market as supports are...

Health of corporate lenders key Nifty performance in the next 4-5 months

corporate lenders have shown some sign of positive trend this quarter. The pre-provisioning profit (PPP) for PSU as well as private lenders have grown well.   The Nifty is trading at an all-time high. At the current level, Nifty is trading at 21 times its expected FY19 EPS. Considering strong...