Routine profit booking in smallcaps, rally will continue: Sudeep Shah, SBI Securities

“Technically, Nifty Midcap and Nifty Smallcap are in a strong uptrend as they are marking the sequence of higher tops and higher bottoms. The uptrend remains intact as long as the sequence of higher tops and higher bottoms is sustained. Also, it is trading above its short and long-term moving averages. The momentum indicators and […]

FII action, OPEC+ meet among top 10 factors to trigger D-Street movement this week

Meena expects the market to experience some direction and increased volatility as we approach the November month F&O expiry. Apart from this exit polls for the state elections on November 30 will be revealed and India’s GDP number for the third quarter on the same day could be likely triggered this week, the Swastika analyst […]