Breakout Stocks: How to trade BSE, Prestige Estates and Adani Total Gas on Thursday
BSE was up by 4.5% on Wednesday due to news of increasing transaction charges on the equity derivative segment from 1 November 2023. The stock has given a good run up from Rs 1420-1820 levels in the last 2 months so we would avoid fresh longs at the current levels as we can see some […]
5 commodities stocks hit 52-week lows. Do you own any?
The 52-week low signifies the lowest price at which a stock has traded in the past year. Some traders and investors consider this technical indicator a crucial factor for evaluating a stock’s present worth and forecasting its future price movement.
Tech View: Nifty forms long bear candle. What traders should do on Thursday
The short-term trend of Nifty continues to be negative. Having placed the long-term support at the lows, there is a possibility of a small upside bounce from near 19,100-19,000 levels. A breakdown of 19,000 is likely to open the next downside of 18,600 levels in the near term. Any upside bounce from here could find […]
View: India’s sell-side researchers should say what they mean
As George Orwell said in Politics and the English Language, the decline of language ultimately has political and economic causes. Stockbrokers in India use empty phrases as a tribute to corporate power. So, sales and profit don’t decline for large Indian outsourcing companies, they “degrow.” A workforce doesn’t shrink; the addition of employees turns negative.
Gold Vs Silver: What to buy as Israel-Hamas conflict triggers bullion’s appeal?
Hardik Mangla, Founder of jewellery brand Demi Luxe said that the traders should look to capitalise on the current bullish trend and make fresh buying positions in gold and silver as the escalating tensions between Israel and Palestine is driving the investors toward safe-haven assets.
Blue Jet Healthcare IPO opens for subscription today. Should you bid?
Blue Jet Healthcare IPO opened for subscription on Wednesday. Analysts largely recommend to subscribe to the IPO on decent valuations and strong growth prospects. The company has fixed a price band of Rs 329-346 per equity share for its maiden public offer. At the upper end of the price band, the company plans to raise […]
Chart Check: 20% rally in a month! This real estate stock is in a strong uptrend; time to buy?
Short term traders can look to buy the stock on dips for a possible target of Rs 800-850 in the next 3-4 weeks, suggest experts.
Negative Breakout: Adani Enterprises and 2 other stocks cross below their 200 DMAs
Hot Stocks: Brokerages view on Nestle India, HUL, Amber Enterprises and PNB Housing Finance
The medium-term growth guidance for non-RAC segments remains robust, and the ability to ramp up new segments would be key for re-rating.
Stocks to buy or sell today: Titan, HUL among top 9 trading ideas
On the monthly options front, the maximum Call OI is placed at 19600 and then towards 19500 strikes while the maximum Put OI is placed at 19000 and then towards 19200 strikes.