The long-term prospects for the market are still bullish and we should use every dip as a buying opportunity
The stock price of Bajaj Finance has broken out on the daily chart by surpassing the resistance level of 5800 with higher volumes
Start with small investments, but exclude from portfolios aimed at key financial goals
The category is volatile; take limited exposure to funds with quality portfolios
IGL has been consolidating in a range for the last three months while holding firmly above the support zone of the long-term moving averages
On the flipside, 15,300 - 15,150 - 15,000 are to be considered as immediate supports.
LTI has reversed its trend from the previous swing low and is currently placed well above all its major moving averages on the daily chart
The Tata Power stock is placed well above all the major moving averages suggesting an inherent strength
A positive move in M&M Financial Services above the 200-DMA level of 163 would further strengthen the bias
Stick to open-end schemes where you can enjoy liquidity
DMART has recently witnessed consolidation range breakout on the back of an increase in average traded volumes indicating fresh hands accumulating the counter
Traders should try to create short position keeping close eye on 15,200
Investors with low appetite for volatility must avoid it altogether
The rising death toll, slow roll-out of vaccination, and Covid-19 spreading to rural areas may keep the upside in contained in the markets, believe analysts
For those who have stayed out of the market before or after the pandemic, the challenge of when to get back in is seemingly much harder
HDFC AMC's stock has seen some significant increase in trading volumes from the past few trading days indicating strong hands accumulating the stock at lower levels
Infosys has rebounded from the supporting trend-line on the daily chart suggesting a good opportunity to accumulate the counter
Recently, the stock of Divi's Labs has given a weekly range breakout, making a new high of 4133, supported by volumes
BofA Securities has cut his positioning towards defensives by downgrading Staples to neutral weight and trimming their overweight positioning for the information technology sector
The price pattern is very strong on the technical parameters and Dr Reddy's Labs could outperform once there is more clarification on the developments of vaccine