Titan, 5 other buy-sell stock ideas for traders in the last week of 2022
Nifty looks set to end December on a negative note after 2.5% loss seen last week where the cuts were even sharper in the broader market. The weekly price action formed a bear candle carrying a lower high-low, indicating the extension of corrective bias.
Negative Breakout: These 5 Nifty stocks slipped below their 200 DMAs
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Hot Stocks: Emkay initiates buy on textile sector; ITC could give 29% returns in 2023
Motilal Oswal maintained its buy rating on Can Fin Homes with a target price of Rs 630, an upside of 29% from Rs 488 recorded on December 24. Re-rating is still contingent on CANF’s ability to identify a successor. Robust franchise and follows a processes orientation approach which has served it well.
Sandip Sabharwal on which stocks and sectors to look at in 2023
L&T has also done very well but L&T I still believe even from the current levels can offer double digit returns because of the kind of order flows that are happening on a daily basis on the balance sheet and its valuations have not zoomed up as the other large caps.
Stocks to buy & sell today: 3 short term trading ideas from experts for 26 December 2022
The S&P BSE Sensex fell nearly 1000 points on Friday while the Nifty50 managed to hold on to 17,800 levels.
Big Movers on D-St: What should investors do with Adani Ports, Century Textiles and IOB?
The structure of the counter looks distorted as it has given a closing below the 200-SMA and is also trading below all its important averages. MACD and RSI are showing weakness and supporting the trend.
Buy stocks on dips for long-term reward
The external factors that pulled most global indices down in 2022, however, are expected to continue in 2023 — at least in the first half. So the investment tip for 2023 is simple: Buy stocks on dips and don’t sell them for at least 12 months.
Textile companies could ‘sprint and soar’ with FTAs, Govt push
The firm said it has been ‘gloom and doom’ for the domestic industry in the past few months because of high cotton prices and low demand for textiles and apparel in Western countries.
Nifty may trade in 17,500-18,050 band: Analysts
Technically, having closed at an 8-week low, Nifty formed a bearish candlestick pattern on weekly time frame with crucial support at 17,650-17,680. A breakdown below this zone could attract further selling pressure towards the 200-DMA at 17,200-17,250, while resistance on the upside is seen at 18,050-18,100.
Lanco Amarkantak resolution faces delays
The resolution professional, Saurabh Kumar Tikmani backed by KPMG, invited lenders last week to vote on the resolution plans given by the PFC-REC team, Adani Power and Reliance Industries. The voting will end on December 30.