Category: MarketBuzz

10 Jan
Morning

Morning Snippet for 10th Jan 2019

Morning Snippet for 10th Jan 2019 Despite sharp volatility, specially in yesterday’s session, Nifty continued to garner good support near 10700 mark. Hence we maintain our long view with an immediate target of 11000. We will upgrade the target if Nifty decisively breaches the mark. Actionable We gave buy on Nifty around 10790 levels for […]

09 Jan
Morning

Morning Snippet for 9th Jan 2019

Morning Snippet for 9th Jan 2019 Nifty expectedly found support as it moved close to mentioned level of 10700 and commended move towards minimum target of 11000. We maintain our bullish stance. If Nifty surpasses this mark, we will upgrade our target. Interesting Observation Update As we had mentioned earlier on 28th dec2018(23060) that when […]

08 Jan
Morning

Morning Snippet for 8th Jan 2019

Morning Snippet for 8th Jan 2019 Nifty is continuously taking support near to 10700 levels.One can use the dip towards 10700 to enter longs for the target of 11000 by maintaining stop-loss at 10625. Bullish Sector Fmcg will still maintain our positive view. (Dabur, bataindia and godrejcp still looking good.) Avoid going long in colpal […]

07 Jan
Morning

Morning Snippet for 7th Jan 2019

  Morning Snippet for 7th Jan 2019 Nifty is continuously taking support near to 10700 levels. Going forward we believe that bounce back can be witness and Nifty can test 11000 levels. However we will review our view only if Nifty continuosly trades below 10700. Actionable Nifty long straddle 10800 with a spread of 357 […]

04 Jan
Morning

Morning Snippet for 4th Jan 2019

Morning Snippet for 4th Jan 2019 Yesterday Nifty broke our mentioned range of 10700-11000 Hence sustaining move below this in todays session can only lead to a yet another test of 2 month long support of 10400-500. Failure will bring back Nifty in same trading range again. Interesting Observation The average movement in Nifty in […]

Kotak Bank Pick of Buffet

Warren Buffett’s Berkshire Hathaway is in talks for a 10 percent stake buy in Kotak Mahindra Bank valued at between $4 billion and $6 billion. According to CNBC-TV18, Berkshire Hathaway is looking to buy promoter stake or via a preferential allotment. As per RBI guidelines, Uday Kotak needs to dilute his stake to below 20 percent by […]

GDP Q2FY19: Growth Slows On Weak Consumption

Q2 Gross Domestic Product (GDP) growth has slowed appreciably to 7.1% as against street consensus of 7.5%. Gross Value Added (GVA) grew at 6.9%. Key Takeaways from the GDP Numbers (1) GDP growth, though much smaller than consensus, hides the delayed bouncy of festive season which should get reflected in the next quarter. (2) Government expenditure has […]

Q2FY19: Earnings Downgrade Continue

Nifty top-line grew by 19% Y-o-Y while Bottom-line grew by 7% Y-o-Y. Nifty sales growth remained flat as pressure on volumes due to delayed festive demand and Kerala floods offset the positive impact of Oil & Gas and Metals sectors. Rising operating costs such as fuel, freight and packaging costs weighed on margins  and profitability. […]

Correct your focus to make is big in Trading

If you are serious about something and want to make to big in the trading world then the first thing you need to do is correct your focus. Well let me correct you, the term focus is not about long term or short term plan. The term of your investment depends on your choice and […]

Bull Market Or A Bear Market?

The Wall Street Journal and other media outlets often use 20% thresholds to label traditional uptrends and downtrends, stating a new bear market has begun when an index or other security falls 20% off its peak. Conversely, they announce the start of a new bull market when an index or other security rises 20% off its low. This logical approach can […]