Market Trading Guide: Bajaj Finance and smallcap stocks offer up to 5% upside in the short term. This is why

Nifty closed with sharp cuts on Friday amid selling pressure across the board, with consumer, IT and energy stocks trailing the markets the most. The India VIX also rose above its 200-DMA, indicating rising fear among market participants. Commenting on the technical charts, Rupak De, Senior Technical Analyst at LKP Securities, said the setup has […]

Breakthrough below 20-DMA shifts risk-reward unfavorably for Nifty: Rupak De

A decisive break below the 20-day moving average has weakened the Nifty’s technical structure in the near term, shifting the risk-reward ratio downwards, says Rupak De of LKP Securities. With volatility rising and key Fibonacci support levels breached, he sees potential for further corrective moves towards 25,000 unless the index regains resistance levels quickly.Edited excerpts […]

Ahead of Market: 10 Things That Will Determine Stock Market Action on Friday

The Indian market ended higher on Thursday, with the Sensex and Nifty paring early losses after a volatile session, as investors weighed continued trading optimism against increasing caution ahead of the Union Budget this weekend.At the close, sentiment recovered with the Sensex adding 222 points, or 0.27%, to 82,566.37, and the Nifty gaining 76 points, […]

Handy bull grip. Intact; BSE, IndusInd Bank among top picks: Rahul Sharma

Indian equities continue to trade positively, and the uptrend looks sustainable as long as the Nifty remains above key support levels, said Rahul Sharma, Director and Head – Technical & Derivatives Research, JM Financial Services. Speaking to ET Now, Sharma noted that despite the recent volatility, the market continues to be supported by the strength […]