Tag: Stocks Views

The Nifty index has been on a strong uptrend in the past three weeks, but it has recently retraced some of those gains. It is now expected to oscillate within the 19,605 to 19,878 range over the next few sessions. Three stocks that look good for buying over the next 2-3 weeks are Havells India, KSB, and Gujarat Ambuja Exports. All three stocks have strong bullish momentum and are trading above their key moving averages.

Aggarwal is bullish on HDFC Bank's long-term prospects, but he believes that investors should wait and see how the bank executes in the near term.

The Nifty broke its three-day winning streak on September 18, but the medium-term trend remains positive. Traders are advised to accumulate longs on decline with a stop-loss at 19,770 on the Nifty on a closing basis. Broad market indices like Nifty Midcap and Smallcap indices are likely to underperform in the coming few weeks. Here are three buy calls for the next 3-4 weeks: AMI Organics, GSFC, and Axis Bank.

Indian equity markets are expected to consolidate in the coming days, with the Nifty50 likely to move in the 20,200-19,900 range. The market may remain directionless until the outcome of the two-day Fed policy meeting scheduled on September 20. Investors should be cautious and avoid making any aggressive bets. It is important to focus on quality stocks with strong fundamentals and maintain a diversified portfolio across different asset classes and sectors. Investors may want to watch stocks like Mahindra & Mahindra, Yes Bank, and Bank of Baroda.

The Indian stock market saw some profit booking on September 18, 2023, but the overall outlook remains positive. Three stocks that outperformed broader markets on that day were Titan Company, Punjab National Bank, and Asahi India Glass. Titan Company is a leading jewelry and watchmaker in India. The stock is in a strong bullish trend and is expected to continue its upward trajectory. Punjab National Bank is a leading public sector bank in India and is also in a strong bullish trend. Asahi India Glass is a leading manufacturer of glass products in India and is in a bullish trend. Analysts recommend traders and investors buy this stock further.

The Nifty is likely to witness some consolidation or price corrections in the near term, but the overall sentiment remains positive. Traders can look to buy dips in Grasim Industries and SBI Life Insurance Company for short-term gains.

The Nifty50 closed above the 20,000 mark on September 13, supported by banks. The index rose 77 points or 0.39% to close at 20,070. The Bank Nifty gained 398 points to 45,909. The top gainers on the Nifty50 were Punjab National Bank (8.5%), Aarti Industries (5.6%), and ITI (19.4%). Experts believe that the market is expected to continue its upward momentum in the coming sessions, but investors should be cautious of profit-booking at higher levels.

The Indian stock market is expected to continue its upward momentum in the coming weeks, with the Nifty50 index likely to touch the 20,000 mark. Here are the top 10 trading ideas for the next 3-4 weeks, based on technical analysis.

The Nifty50 index closed above 19,800 on Friday, its highest level since July 2022. The rally was broad-based, with all 15 sectors ending in the green. The market was supported by strong buying in heavyweights such as Reliance Industries, Infosys, and HDFC Bank. Technically, the Nifty is now eyeing the 20,000 milestone. Investors should not become complacent and wait for dips to initiate fresh longs.