Inflation at manageable level: Finance Minister Nirmala Sitharaman

The comments by the finance minister came a day after RBI hiked interest rate by 50 basis points in a bid to bring inflation to its comfort zone and in line with aggressive policy tightening by key global central banks. The third straight hike took the overall increase in the federal fund rates by 190 […]

Dalal Street Week Ahead: Trade the markets with a defensive mindset

The US markets have continued to stay weak; S&P 500 has violated important supports. However, they now stay oversold as well. The volatility came down a bit. India VIX declined 3.04%. The coming week is likely to see the levels of 17,165 and 17,300 acting as resistance. The levels of 17,000 and 16,800 will act […]

Eight stocks where brokerages initiated coverage with up to 75% upside

Multiple brokerages have initiated coverage on various stocks from across the sectors recently. They have selected stocks from infra, new-age internet companies, financial services, hospitals and real estate firms, where they see an up to 75 per cent upside. Here is a complete list of stocks where brokerage began their first coverage:

Alan Farley’s trading rules to avoid mistakes and win the game

Market expert Alan Farley says investors should look to have a trading edge, which must hold up over time and through most or all market conditions.“Many traders who think they have a valuable edge have none at all or one that won’t stand up to the test of time,” he says.

Top-3 bearish patterns to trade in a falling market

A very popular reversal pattern comparatively rare to spot, usually occurs when price action gets exhausted at the upside and forms three peaks, The middle one being the higher – Sell signal occurs when close is below the neckline – Volumes are highest during the breakdown comparatively to the previous peaks which signals bears are […]