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A quick correction possible
For now, 79,700 would be the sacrosanct support level, above which market could move up to 80,500-80,750; However, below 79,700, we could see one...
Overheated SMIDs melting now
Nifty Midcap-100, Nifty Smallcap-100 corrected 7%, 9% respectively from the record highs; Pressure turns intensive after Sebi chief flags froth in...
Mkts positive as Sensex trading above 50-day SMA
72,415 would act as a trend decider level, above the same the bullish texture is likely to continue and below 72,415, traders may prefer to exit out...
Retail investors offloading in SMIDs
Rush to close leverage-based positions resulted in correction for small-cap and mid-cap stocks
Room for broader mkt to correct more: Analyst
Investors should now focus on largecaps and quality midcaps. The turbulence in the market will give cherry picking opportunities
73.6K to act as a trend decider level
Below the same, the market could slip till 72,500-72,200. On the flip side, above 77,2800 a minor pullback rally possible till 73,000-73,100
Q3 earnings to set the tone for mkts
It’s better to stay with the large-cap stocks during the results season; The week (Jan 4-10) will continue to be volatile and choppy
Nifty forms big bearish candle
Benchmark index engulfed previous 3 days of price actions as it filled the last Friday’s gap; Tuesday’s decline in volume, which was higher than the...