Tag Archives: give

F&O expiry could be in range of 10,200-10,400; 4 stocks which could give up to 11% return

The Nifty50 hit historic high in opening trade in Wednesday’s session and closed at historic levels of 10,295.35. The Nifty Bank rallied 4 percent on Wednesday session with strong volumes seen on charts, after the government announced Rs 2.11 lakh crore recapitalisation for PSU banks. Technically, the Nifty has given a double bottom breakout last week only as mentioned in ... Read More »

Nifty likely to head towards 10,600; 3 stocks which could give up to 22% return in 6 months

The Nifty gapped up above last five session’s narrow trading range to signal resumption of the upward momentum after the brief consolidation near the recent breakout area of 10,170. The higher base building process above the recent breakout area and the upper band of the last three months consolidation range provided the platform for the continuation of the upward momentum ... Read More »

Nifty likely to consolidate below 10,115; 5 stocks which can give up to 17% return

The index after a lot of struggle, successfully crossed the milestone of 10,000 mark in the week gone by. The Nifty50 made an all-time high at 10,114.85 on the expiry day, but we have seen some profit booking coming through in the last session as it closed at 10,014.50, still up by 99.25 points or 1 percent for the week. ... Read More »

Lok Sabha passes IIM Bill that seeks to give more autonomy

At present, India has 20 Indian Institutes of Management. Photo: Mint The Lok Sabha on Friday approved the Indian Institutes of Management Bill 2017 that promises to grant administrative, academic and financial autonomy to the elite B-Schools and allow them to award degrees to their graduates. The lower house passed the bill after a debate in which nearly two dozen ... Read More »

Brace for volatility in F&O week; 5 stocks which can give up to 14% return in 2 months

Indian market witnessed a volatility week as benchmark indices closed marginally higher but over their crucial support levels. The Nifty50 closed 0.29 percent higher at 9,915 and the S&P BSE Sensex ended above 32,000 for the week ended 21 July. The Nifty50 index is trading at its all-time high and the recent up move in the index has not been ... Read More »

A decisive move above 9,900 required; 5 stocks which can give up to 7% in a week

The market strength is always judged on corrections. The Tuesday decline failed to conjure any follow-up move on the downside. In fact, the starting point of current four-digit gann channel (i.e. 9801) proved the savior, and in Thursday’s trade, marked an intra-day high of 9,923. Despite Nifty’s whipsaw moves in this week’s trade, BankNifty is gradually moving higher. In fact, ... Read More »

Majority of stocks showing fresh breakouts! 5 stocks which can give up to 8% return

A break above 9,700 and renewed buying interest in Bank Nifty has brushed aside the concerns of June’s steep fall from the peak 9,699. The market’s focus has turned holistic with midcap and smallcap staging rallies of 6 and 7 percent, respectively from their recent lows. Both indices are trading below the May 2017 peak. Within these spaces, majority of ... Read More »

Nifty likely to remain volatile this week; 5 stocks which can give up to 18% return in short term

The Nifty continued with the downward spiral in its daily chart for the third week in a row, indicating a slothful movement in an upcoming session. Despite closing on a positive bias in Friday’s trade, Nifty failed to cohere above its psychological support level during the closing period of trade on the backdrop of selling pressure coupled with mounting concerns ... Read More »

Swedish Firms Give India Thumbs Up As A Favorable Business Destination

India was seen as a favourable business destination by a majority of Swedish companies. The embassy of Sweden in India and the Swedish Chamber of Commerce came out with the 9th edition of their Business Climate Survey report for India on Wednesday. The Business Climate Survey that reflect the views of some of the biggest names in the industry like ... Read More »

Nifty likely to find support at 9570; 5 stocks which can give up to 5% this week

The market continued its upside momentum in Monday’s trading session to touch another milestone of an all-time high of 9,637.75. The benchmark Sensex also recorded fresh all-time high of 31,214. Although, the market gained upside momentum but failed to hold on its gains on the upper edge and witnessed some selling pressure twice when the market reached on top leaving ... Read More »