Here's my analysis of Nifty, Banknifty and some top stocks along with my watchlist.
Here is a different format for my daily market analysis. Indices levels for tomorrow with some stocks that can be good for trades tomorrow.
Reliance and HDFC twins did quite well today, helping Nifty end the day +450 points. Banks were strong too. IT continues to be sluggish, but let's see what's in store. What's your view?
Nifty IT sector near major support @27500/27200 if not close below we seen sharp bounce back .
IT stocks sold off and dragged Nifty below 16k yet again. In fact, all sectors were very negative except FMCG which was saved by ITC. What's your view?
Reliance and Infy put some bearish pressure on the indices in the second half. 16,400 has been rejected, SGX is trading negative and futures are in backwardation, too. What's your view?
Bulls finally breathed a sigh of relief as the market opened gap up and continued the day with bullish momentum. One warm day does not make it summer, so I feel it's important to remain cautious and not get too excited. What's your view?
The markets are still in limbo, repeating March's price action. What's your view?
Expecting a trend reversal in IT stocks Buy HCLTECH at 1065 Stoploss 1052 Target 1097
Metals dragged, but private banks helped Nifty stay afloat. Do you feel 16,200 will hold?
The market fell quite sharply, forming a spinning top on EOD basis. Where do you think it could be headed from here? Will NSE:RELIANCE results and US markets impact Monday's price action?
The markets fell, partially thanks to the unexpected rate hike announcement by the RBI governor. What's your view?
The markets concluded the week on an indecisive note this time around as well. Axis Bank results, while not disappointing, still disappointed the markets. Kotak Bank was an unexpected performer.
RIL and IT stocks were under pressure today, dragging Nifty below 17k. Banks performed a little better despite pressure from PSU banks. Bajaj Finance (BAJFINANCE) has its results tomorrow, so let's see if it shows some wild moves! What are your views?
Banks seemed very weak today, especially ICICI Bank and SBI. The rest of the market, too, faced second-half jitters. VIX did not rise by much, and RIL touched 2800!
Reliance, along with other heavyweights, helped Nifty close a smudge away from 17,400 in today's session. I feel the Q4 earnings season might give Nifty the boost it may require to pick a direction. What's your view?
Reliance, HDFC twins and Infy were able to lift the markets fairly well today, but that does not necessarily mean that the bearishness is behind us. All eyes are on ICICI Bank as we could see it being a key performer or dragger in the coming days. What's your view?
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here. Disclaimer - Trades are only for Learning. StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.