Angel Broking will be looking to ride the boom in broking industry seen this financial year
Looking at the technical set up, with last week's price activity, we can see a formation of 'Bearish Engulfing' pattern on weekly chart
At least three major brokerages are looking at making such offerings available to their clients
Trades through mobiles accounted for a fourth of transactions on NSE in July
On Friday, NRB Bearing's stock finally witnessed a breakout from the congestion zone
One can see a formation of 'Bearish Engulfing' pattern on Tata Motors' daily chart
One step at a time is the strategy to follow and better to timely book profits in the rally. Traders are advised to keep following stock specific moves and the base now remains at 10,660 - 10,560
Technically, the bullish structure remains intact as long as Nifty trades above 10,200-10,300
Traders are advised to avoid carrying aggressive bets overnight while trading in Nifty
Traders are advised to avoid carrying aggressive bets overnight while trading in Nifty
If there is no escalation in geopolitical concerns and Covid-19 cases, the Indian markets are likely to continue their northward trajectory
Recently, gas distribution companies have been in limelight
After climbing to 34,928 in intra-day trade, the Sensex settled at 34,371 - 557 off the day's high but 83 points more than the previous close
Investment bankers say many have shelved listing plans; appetite healthy for share sales in large listed firms
At present, traders are advised to stay light and should ideally continue focusing on individual stocks
If any sustainable recovery has to happen this week, it should be V-shaped or steep in nature
While investors will continue to monitor developments on the coronavirus front, the release of India's December quarter GDP numbers on Friday will be another top trigger for the markets
Once the banking stocks start chipping in, the Nifty is likely to reclaim 12,220 - 12,300 in coming weeks
ICICI Securities has settled the case by paying over Rs 28 lakh towards settlement charges, the Securities and Exchange Board of India (Sebi) said in a settlement order
Stock calls and Outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.