In an exclusive interaction with Etrarkets, Rajesh Palviya, Senior Vice President – Research (Head Technical & Derivatives), Axis Securities, that the upcoming GST rationalization will probably activate a strong consumption boost on important segments. According to him, companies such as Dabur, Marico, Trent and Select Cement are names that benefit meaningfully from the expected demand […]
The stock markets remain floating with Nifty that hits 25,400 this week. Analysts believe that the rally could stretch next week, which marks a fourth consecutive week of profit. Mark expert Rajesh Palviya now said in an interview with ET: “Looking at the wider market and width, there is a good chance that Nifty ends […]
Indian shares can extend their upward momentum next week, with Nifty on its way to 25,300 and Bank Nifty probably 55,200 attempt, said Rajesh Palviya, Senior VP – Technical and Derivatives Research at Axis Securities. “Nifty succeeded in giving an outbreak of the falling trend line on the daily graph and to keep comfortable above […]
The stock markets held their ground this week, with the Nifty again testing the psychological figure of 25,000, but failed to break by. Analysts believe that the sectoral momentum continues to offer support, although the bank space remains a resistance to the index. Et, now, in conversation with Rajesh Palviya, clarified the question of whether […]
Equity markets are likely to remain under pressure in the short term, because roller trends and technical indicators determine a further downward disadvantage in both Nifty and Bank Nifty, according to Rajesh Palviya, Senior Vice President – Technical and Derivate Research at Axis Securities. “So, looking at the overall structure that it is only on […]
“Now, if we enter the August Series-fall week, 25,000-25,200 will probably act as a large storage zone. On the other hand, if we are able to preserve more than 24,800, some consolidation can take place at the current levels at the current levels. So, Nifty,” says Rajesh, “says” says “says” “says” “says” “says” “says” “says” […]