Will gold outshine markets in 2024? Experts weigh in on how to adjust your portfolios
Gold and equities each have distinct characteristics, and the decision between the two is not about choosing one over the other but rather about strategically allocating to both to mitigate risk. Historically, both asset classes have delivered returns, but their performance cycles often vary, underscoring the importance of diversification for a balanced risk-return profile. Data […]
Tech View: Nifty ends week with Hammer candle. Here’s how to trade on Monday
Nifty ended Friday’s session with a gain of 250.50 points but well below the 24,400-mark and formed a Hammer candle on the weekly chart. On the daily charts we can observe that the Nifty has witnessed a fall from 25,100 – 23,900 and is now in the process of retracing that fall. It can rally […]
Technical Breakout Stocks: How to trade UNO Minda, KNR Constructions and Amara Raja Batteries on Friday
The Indian market closed in the green for the second day in a row on Thursday tracking positive cues. The S&P BSE Sensex rose nearly 700 points while the Nifty50 rose more than 200 points. Sectorally, buying was seen in capital goods, public sector, and realty stocks. Stocks that were in focus include names like […]
Technical Breakout Stocks: How to trade PNC Infratech, BEML and IRB Infrastructure on Thursday
The Indian market closed in the green on Wednesday. The S&P BSE Sensex rose 267 points while the Nifty50 closed just below 22,600 levels. Sectorally, buying was seen in utilities, energy, FMCG and realty while selling was seen in metal, banks, consumer durables and oil & gas stocks. Stocks that were in focus include names […]
Technical Breakout Stocks: How to trade RVNL, Balkrishna Industries and Poly Medicure on Wednesday
The Indian market remained volatile and closed mixed on Tuesday tracking mixed global cues. The S&P BSE Sensex closed below 74,000 while the Nifty50 closed with gains of 27 points. Sectorally, buying was seen in utilities, public sector, power and metal space while selling was seen in banks, auto, IT and FMCG stocks. Stocks that […]
Technical Breakout Stocks: How to trade Godfrey Phillips, M&M and Dixon Technologies
The Indian market closed in the green for the second day in a row on Friday, tracking positive global cues. The S&P BSE Sensex rose over 250 points while the Nifty50 closed above the 22,400 level. Sectorally, buying was seen in realty, auto, metal and consumer durable stocks while IT stocks saw some selling pressure. […]
Technical Breakout Stocks: How to trade Thermax, Siemens and Adani Power on Thursday
The Indian market snapped a 3-day winning streak to close in the red on Wednesday, tracking muted global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 managed to hold on to 22,200 levels towards the close of the trade. Sectorally, buying was seen in the public sector, power, and capital […]
Bullish Trend: Technical Breakout Stocks: How to trade RIL, M&M and ICICI Bank on Monday?
Indian market failed to hold on to the momentum and closed marginally in the red on Friday. The S&P BSE Sensex managed to hold on to 73000 while the Nifty50 closed below 22,200 levels. Sectorally, buying was seen in telecom, capital goods, realty, consumer durables and industrials while some selling was seen in oil & […]
Tech View: How to read Nifty price, momentum indicators for Friday’s trade
Nifty on Thursday ended 162 points higher to form a long bull candle with a long lower shadow on the daily charts as the short-term trend of Nifty turned up sharply after a small decline. Having breached the recent highs of 22,249, the Nifty is expected to move towards the next upside target of 22,500-22,600 […]