Trade Setup: Keep buying on dip; focus on relatively stronger pockets and low beta defensive universe

[ad_1] It was a day of strong consolidation again for the Indian equities as they struggled to hold on to pattern support while they ended the day with a modest cut. The markets saw a positive start to the day; however, they soon drifted into the negative territory. The Nifty continued to get weaker as … Read more

Ahead of Market: 12 things that will decide D-Street action on Thursday

[ad_1] NEW DELHI: Domestic equity markets remained under pressure on Wednesday, marking the fourth straight session of weakness. Selling in index heavyweights dragged the indices lower. Despite the recovery in the global markets, Indian equities were under severe pressure. Domestic stocks eroded Rs 28 lakh crore worth of investor wealth in just one month. Here’s … Read more

Chart Check: This pharma company forms BAT pattern; target seen at Rs 1,000

[ad_1] rose a little over 2 per cent compared to about 7 per cent gain seen in the Nifty50 in the same period, but technical parameters suggest that the stock could see a bounce back towards Rs 1,000 levels in next 3-5 weeks, suggest experts. The pharma company with a market capitalisation of more than … Read more