NIFTY: Today, the NIFTY opened at 17310.15 with a gap down 30 points. The index initially moved up, filled the gap, and then moved down below. Opening tick to record its intraday low at 17215.85. Prices find support there and then begin a process of consolidation till the…
View on market: Stay Cautious, be with quality business: Stocks fell in Asia on Wednesday and the dollar climbed as investors evaluated heightened US-China tension and hawkish Federal Reserve comments. Shares were mixed in Japan and fell in South Korea and Australia. S&P 500 and Nasdaq 100 futures…
Company Recommendation CMP (Rs) Target (Rs) Upside (%) Time Horizon Reliance Industries Buy 2586 2795 8% 1Month BSE Buy 706 770 9% 1Month Schaeffler India Buy 2840 3150 11% 1Month KPIT Technologies Buy 534 586 10% 1Month Tata Motors DVR Buy 230 250 9% 1Month JK Paper Buy…
NIFTY: NIFTY opened at 17243.20 with a gap of 85 points. The index initially moved lower for the first five minutes of trading and filled the gap but also found support there. The index recorded its intraday low at 17154.80 and bounced up. Prices have rallied sharply, almost…
View on market: Stay Cautious, be with quality business: Stocks in Asia retreated Tuesday amid rising US-China tension over Taiwan and worries about a global economic slowdown. Shares dropped in Japan, South Korea and Australia after S&P 500 and Nasdaq 100 futures fell after July’s global stock market…
NIFTY: Today, the NIFTY opened at 17079.50 with a big gap up of 150 points the index continued moving higher and crossed above 17100 but soon faces resistance and drifted downwards. Prices have seen a sharp decline and almost reached 17000. The index then takes a reversal from…
View on market: Stay Cautious, be with quality business: US futures fell and Asian stocks were mixed Monday, amid challenges swirling around China and a reminder from Federal Reserve officials that their key objective is to fight high inflation. S&P 500 and Nasdaq 100 futures shed about 1%,…
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View on market: Stay Cautious, be with quality business: US equity futures rallied Friday on positive earnings from Amazon.com Inc. and Apple Inc. and expectations of shallower US Federal Reserve monetary tightening, a prospect that also supported sovereign bonds. Nasdaq 100 contracts added more than 1% after the…
NIFTY: Today, the NIFTY opened at 16774.85 with a gap of 133 points. The index initially consolidated for about 45minutes in a narrow range and broke out on minutes in broke the upside. Prices have recorders intraday lower at 16746.25 and saw a sharp upside rally after 10…