RELATIVE ROTATION GRAPHS
87 stocks turn multibaggers in resilient Indian market during H1. What's the second half looking like?
Indian market showcases resilience with 87 stocks turning multibaggers in H1. Top performers include Marsons and Tinna Trade. IT and capital goods sectors witness significant growth. Analysts predict positive market trajectory post-Union Budget and US Fed's decisions.
Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market
D-Street showed marginal gains in a shortened trading week. However, signs of fatigue and potential correction are emerging. Key resistance levels are identified, and experts recommend caution and profit booking at higher levels.
These largecaps have ‘strong buy’ & ‘buy’ recos with upside scope of over 19%
While one might be focussed what is happening in nifty and mid-cap space, if one looks at the recent performance of the large caps, there are a number of them which have done a catch up in just the last two weeks. When the valuation differential in mid and large caps stocks becomes extremely high, large caps tend to do well as mean reversion takes place. There is a high probability that we might see some of that happening in the next couple of weeks. Given the rotational trade which is taking place in the market, overall sentiment is likely to remain bullish. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.
D-Street Week Ahead: More pullback can be expected, says expert
Vaishnav analysis highlights Nifty's volatile week, concerns about market breadth and resistance levels, bearish signals in the MACD, and defensive setups in sectors like FMCG and Pharma.
Will short-term narrative against PSU banks bring back mojo to private sector banks: 5 banks with an upside potential of up to 24%
One of the sectors where the election results hit hard was the PSU banking space. Two reasons, the stocks had done well in the last one year and had been sitting on big gains, so there is bound to be some nervous selling. Second, they have been seen as following a certain discipline and it is being assumed that because it is a coalition government than probably some amount of laziness might creep in. Well, only time will tell whether it creeps it or not. The hard fact is that in the short term a tactical trade might emerge in banking space, which is incremental money which comes into the banking sector, flows into private sector banks as compared to PSU banks stocks. Another reason why this could happen, over the last three years these private sector banks have under performed on a relative basis. Although they are still heavily owned by institutional investors, the ones who have not sold in the last three years are unlikely to be in a hurry to sell even now. So, for a short term tactical trade, it would be worthwhile to have them on your watchlist.
Nifty volatility surges ahead of election results: What investors need to know
Volatility remained at elevated levels this week. D-Street is building up ahead of the General Election results on June 4th. Maintaining a buoyant trajectory over the past few weeks, Nifty oscillated in a 621.85-point range.
- Go To Page 1
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
The way mid-cap stocks have performed in the last one week. The biggest question would be whether this is another short term profit booking move or a beginning of a long phase correction and valuation adjustment. The answer would depend on one thing, election results. The policy continuity will lead to continued re-rating of the mid-cap segment as operationally the working of mid-cap companies have seen maximum improvement in terms of cost of capital which is the biggest factor for a mid cap companies. During this phase, analysts are bullish on select stocks from different sectors, some of which are either the leaders of their sector or part of the top three companies which are known to be well managed. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
PMS Tracker: HNI investors earn up to 20% returns in April. Check top funds
Saurabh Mukherjea-run Marcellus' smallcap fund Little Champs bounced back and earned a return of more than 10%, while Sunil Singhania's Abakkus-run Emerging Opportunities fund reported a 9.57% gain and Samir Arora's Helios India Rising fund saw a 5.51% gain.
Dalal Street Rollercoaster: Profit-Taking looms as volatility soars
The last trading day of the week saw the index swinging wildly. During the week, the Nifty oscillated in a 446.65 range before closing the week on a flat note. The benchmark Index posted minor weekly gains of55.90 points.
Dalal Street Week Ahead: Will the bulls keep charging or pause for breath
Despite a strong closing on Friday, the markets continue to face the same resistance levels that they had during the previous week. Going by the Options data, the resistance levels have shifted slightly higher. However, despite a fresh high, the markets are slated to consolidate once again at current or higher levels.
A rotational trade underway for good? 5 PSU banks with upside potential of up to 34%
Probably banking is a word which many may not like to hear given the fact that the fall has been led by the banking sector. But the fact is short term market moves are different from what is happening in the real business. In the case of PSU banks, there has been an improvement in performance in the last two quarters. Yes, there will be some cyclical pressure on margins but beside margins there is more to PSU banking space, which is credit off take that too from large private corporates. Given the higher probability of capex cycle is likely to revive, these banks are much better placed due to the size and skill set to lend to such sectors.
Desire management, the quantitative way: A set of stocks for those who wish to do trade and invest at the same time
Out of 50 stocks, only 7 have delivered negative returns in the last one year. Out of these 7 stocks, four stocks belong to one industrial house which faced headwinds at the start of 2023. 6 stocks have delivered more than 100 percent return and 26 stocks have gained more than 20 % in the last one year. If you had focussed only on these set stocks and either invested or only traded in them only, the possibility of being able to satisfy your desire to be a trader and investor at same time would have been met.
Market likely to extend breakouts this week, sector rotation can't be ruled out
From a technical standpoint, Nifty50 remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go on to test the upper edge of the rising channel which translates into the levels of 20500—20650 zone. The spikes in the volatility may turn the market choppy; however, there are greater of the breakout getting extended and the Index testing the upper edge of the rising channel. After that, some consolidation cannot be ruled out.
Dalal Street Week Ahead: Which sectors may lead market action, and which ones may lag
The coming week may see the 17,680 and 17,790 levels put up strong resistance, while support may come in at 17,480 and 17,355 levels. The trading range is likely to stay wider than usual in the coming days.
Dalal Street Week Ahead: Watch IT, infra, financial stocks for likely outperformance
The weekly charts do not present a good picture. Nifty has formed a lower top and bottom on the weekly charts. Importantly, it is still below the rising trend line support that it had violated in the previous week.
Overstretched Nifty technical setup and precariously low VIX all raising red flags
For the coming week, the main worry for the market will be its own overstretched technical setup. This, when read along with the precariously low VIX value, raises a red flat for the immediate short term.
Dalal Street Week Ahead: Nifty behaviour against Falling Channel chart tells you to stay defensive
The 15,000 level remains a sacrosanct resistance point, one lower than that exists at 14,800 level. As long as the 14,800-15,000 range is not taken out convincingly, Nifty will face selling pressure at higher levels on every bounce.
Dalal Street Week Ahead: High-beta buying to emerge only after Nifty tops 15K
Over the past sessions, Nifty violated some important rising trend line supports; this trend line was drawn from the lows of March 2020, which joined the subsequent higher bottoms.
Dalal Street Week Ahead: Nifty violating an important trendline is not a good sign
While the trading range remained narrow, intraday volatility and ranged oscillations remained high. Nifty remained in the falling channel that it has formed, but refused to take any directional cue through the week.
Dalal Street week ahead: Nifty looks indecisive; the best thing to do is remain stock-specific
14,735 and 14,900 levels are likely to act as immediate resistance points, while supports will come in at 14,400 and 14,280 levels. Any violation of the 14,400 level will make the trading range wider than usual.
Dalal Street week ahead: Stay with defensive stocks, cut leveraged trades
If the market sees some corrective action, the range is expected to widen just like the previous week. The 13,850 and 14,065 levels will act as resistance, while supports will come in at 13,500 and 13,360 levels.
Dalal Street week ahead: Nifty needs to consolidate; don’t chase momentum
If the market in general takes some breather over the coming week, that should not come as surprise as Nifty has run up too fast over the past few days, much ahead of the curve.
Dalal Street week ahead: Market to turn highly stock-specific; IT still looks strong
A large Bearish Engulfing Pattern has occurred on the candles. Its occurrence just below the 12,000-12,025 resistance zone makes it a stiff hurdle for Nifty and highlights the credibility of this resistance zone.
Dalal Street Week Ahead: Nifty looks firm; avoid shorts & guard profits too
The coming week will see the Indian stock adjust to a global trade setup, as Friday was a trading holiday in India. There might be some kneejerk reactions and volatile moves due to the US market’s reactions to US President and his wife testing positive for Covid.
Dalal Street week ahead: Nifty likely to limit downside; expect stock & sector-specific action
The market may not see any runaway rally in the week ahead, but we expect Nifty to limit the downside and attempt to gain some stability.
Dalal Street week ahead: Action shifts to midcaps, smallcaps; larger peers may halt now
On the daily timeframe chart, Nifty is yet to navigate and fill the gap in the 11,430-11,500 zone, created at the very start of the February-March decline.
Dalal Street Week Ahead: A likely pullback in Dollar Index, persistently low VIX not good signs
Consistently falling volatility remains a concern, as it signaled rising complacency among market participants. INDIA VIX came off another 4.01 per cent to 21.67. Nifty remains above its key 50- and 100- week moving averages.
Dalal Street Week Ahead: Nifty tech charts giving mixed signals; upside looks capped
The market is likely to see a tentative start to the coming week with the upside capped. The 11,290 and 11,350 levels will act as strong resistance, while supports will come in at 11,000 and 10,910 levels.
Dalal Street Week Ahead: Nifty may try to move higher; 11,900 level key
Pattern analysis showed Nifty has not only moved inside the decade-old trend line that it had violated in March, but now trades above all its key weekly moving averages.
Load More
