Page 47 - Market Outlook

Care Ratings, Equitas SFB form bullish patterns on charts; time to buy?

On the broader market outlook, Vinay Rajani the technical & derivative analyst says that the key support for Nifty stands at 18,200.

Trading strategy for Nifty Metal, FMCG indices in the short-term

According to Ravi Nathani, an independent technical analyst, in case the Nifty Metal index closes below 5,625 it could weaken further.

Sell Nifty Private Bank, Financial Service indices on rise, suggest charts

According to Ravi Nathani, an independent technical analyst, the charts are indicating a likely range-bound trade on the Nifty PSU Bank index.

HDFC Securities recommends Bull Spread strategy on ACC for May series

The derivative analyst from HDFC Securities recommends to Buy ACC 1,800 CALL at Rs 45.5 & simultaneously sell 1860 CALL at Rs 22.5

Charts show Nifty Commodities in overbought zone; sell-on-rise strategy apt

The recent bullish run has propelled Nifty Commodities into an overbought zone, implying optimal trading strategy to capitalise on any upward price movements by selling, said technical analyst

Key Apple supplier Foxconn reports loss of 56% in Q1, outlook flat

In the first quarter of 2023, revenue totaled 1.4624 trillion Taiwanese dollars, up 4 per cent year-on-year

Markets in consolidation phase; prudent to book profit now: Analysts

Thus far in fiscal 2023-24 (FY24), the S&P BSE Sensex has moved up around 5% to nearly 62,000 levels. The Nifty50 index, on the other hand, has gained 5.5% to 18,300 levels, data shows

Charts exhibit bearish trend for Nifty Realty, Pharma indices in near-term

By booking profits and staying away from the market, investors can avoid potential losses and capitalise on future price fluctuations that may occur, said the technical analyst

India is back with a bang on FIIs mind: Sumit Jain, ASK Investment Managers

Nifty 12-month forward PE is around 23 per cent below peak. Indian equities should find support from robust earnings outlook owing to strength in the domestic economy.

HDFC Securities recommends to buy Mastek, CCL Products; here's why

According to the technical analyst, Mastek is placed above its 20, 50 and 100 days EMA, while CCL Products' indicators and oscillators have turned bullish on daily and weekly charts

Charts hint near-term correction for Nifty FMCG, sell-on-rise approach apt

It is recommended that traders adopt a cautious approach while trading in Nifty FMCG index, given the overextended market conditions and the likelihood of a correction in the near term, said analyst

Charts reveal bearish trend for Nifty Private Bank index in near-term

By maintaining a strict stop-loss limit and implementing a sell-on-rise approach, investors can navigate present market trends with ease and mitigate potential losses, said the technical analyst

F&O strategy: HDFC Securities suggests Bull Spread on L&T Finance

Nandish Shah of HDFC Securities recommends to buy L&T Finance 96 call option and simultaneously sell 100 call of the May series

India may be the top FPI destination once US Fed pauses rate hike: Analysts

Besides India, analysts expect Indonesia, Thailand, and China to attract foreign portfolio investment flows

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

The foreign brokerage firm expects Nifty to drop to 16,000 levels as they foresee global slowdown, volatile commodities, peak urban demand/slow rural revival as some of the risks for earnings.

'Stocks of new-age businesses could prove to be the dark horses in H2-FY24'

In an exclusive conversation, Jaspreet Singh Arora, CIO, Research & Ranking, shares his views on markets, sectoral outlook, themes to bet on in FY24, and more

These three Nifty sectoral indices look positive on charts

According to Ravi Nathani, an independent technical analyst, one can adopt a 'Buy on Dip' strategy in Nifty Energy, Commodities and MNC indices.

After a dismal FY23, is the tide turning for mid, small-cap segments?

The S&P BSE Small-cap and Midcap indices have surged around 6 per cent and 4 per cent, respectively, as against a 2 per cent gain on S&P BSE Sensex so far in FY24.

F&O Expiry: Here's what the options data suggest for Nifty, Bank Nifty

The PCR for Nifty and Bank Nifty for the April series is above 1, suggesting presence of strong Put writes for both derivatives.

Here's what the charts suggest for Nifty Realty, Media, Pharma indices

According to Ravi Nathani, an independent technical analyst, one should look to book profits in Nifty Realty either at current levels or on rally.