Sensex and Nifty closed down Thursday amid profit booking before quarterly results. TCS fell 0.18%, Hindalco rose 0.25%, Shipping Corp surged 20%. Analysts recommend using VWAP, RSI for potential momentum, and maintaining stop losses. TCS target: 4030-4050; Hindalco: 705-715; Shipping Corp: 350-360, hit upper circuit, swing high resistance, trailing stop loss.
Investment for all seasons: A good actively managed fund
The brutal correction – some hot mid- and small-cap stocks are down nearly 50% from their peaks – has rattled many investors, especially new investors
February 11, 2025