Traders can deploy “long strangle” strategy on Nifty ahead of Budget 2023: Rupak De
The resistance is visible at 18300, whereas on the lower end, support is visible at 17800. Any breakout in either direction would create a directional trend in the market.
Maruti Suzuki India among 10 stocks that crossed above their 200-DMA
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India MCX gold hits fresh highs above Rs 56,000: What should investors do this week?
Gold prices hit a 9-month high in the international markets and crossed $1,900 per troy ounce. Silver prices also crossed its major resistance of $24.40 per troy ounce on a weekly closing basis.
7 Indian stocks that match Warren Buffett’s style of value investing
The CEO of Berkshire Hathaway and current primary shareholder, Warren Buffett is one of the most successful investors of all times. A former student of Benjamin Graham, Buffett is noted as a legendary value investor, though he is also believed to incorporate an emphasis on management quality and company growth prospects. Based on the ideas […]
Hot Stocks: Global brokerage view on HDFC Bank, D-Mart, Wipro post Q3 results; RIL could rally by 20%
Morgan Stanley downgraded Avenue Supermarts (D-Mart) to Equal-weight post December quarter results with a target price of Rs 3853.
At multi-year highs: These 5 stocks gave 5-year breakouts
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Stocks to buy or sell today: 4 short-term trading ideas by experts for 16 January 2023
On the options front, the weekly maximum Call OI is placed at 18000 and then towards 18200 strikes while the maximum Put OI is placed at 17900 and then towards 17800 strikes. Call writing is seen at 18200 then 18000 strikes while Put writing was seen at 17800 and then towards 17900 strikes.
ETMarkets Smart Talk: Range-bound market making index trading difficult: Sumeet Bagadia
Nifty began the week near 17950 and ended very close to the same level, forming a Doji candle on a weekly chart, indicating a bearish trend reversal. The volume profile suggests that the Index may find support in the 17750-17850 range.
Big Movers on D-St: What should investors do with Wipro, HDFC Bank and Avenue Supermarts?
It is trading within its all-important moving averages. On the higher time frame, there is a long consolidation and is trying to bottom the structure, which suggests much more upside potential in this counter.
Blue chips will shift to T+1 settlement cycle on Jan 27
The stock market will move to a shorter trading cycle on Jan 27. This will allow buyers and sellers to get shares and money, respectively, in their accounts one working day after trade.