We believe the risk-reward has turned favourable for long term investment as majorpart of the price wise correction (8%) is already over. Therefore, investors should use the current volatility in the markets to accumulate qualitystocks as we expect the Nifty to surpass the immediate hurdle of 17600 and eventually headtowards 18200 in coming months.
NIFTY
Sensex, Nifty Open Higher; Banking Stocks Lead Advance
India’s stock benchmarks advanced, aided by gains in telecom, banking, power stocks, amid recovery in U.S. equities as Federal Reserve officials favoured measured policy tightening.
Nifty 17600 possible if index holds above 16800 post Budget
Key thing to monitor in the next week is that Nifty holding above 16800 post the Union Budget 2022 amid oversold conditions would open the doors for a technical pullback towards 17600.
Sensex, Nifty Open Higher; I.T. Stocks Lead Advance
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets enter Monday’s trading session after a volatile week that saw Sensex slip 0.51% and the Nifty 50 end 0.3% lower. S&P BSE Sensex currently sits at 57,200 and the Nifty 50 is at 17,102. Ahead of the day’s trading session, SGX Nifty was up more than 100 points hinting at a positive start. Global cues were also suggesting positive momentum building up. Wall Street equity indices closed with large gains on Friday while Asian markets were up in the green.
Bank Nifty set for reversal? [20-01-2022] – Neal Bhai Reports
“For Positional Traders: Bank Nifty looks good for a reversal. Its didn’t break yesterday’s low. PSU Banks holding strong in a negative market,” said Rahul Sharma, Director & Head – Research, JM Financial.
Nifty And Bank Nifty Weekly Forecast Buy on dips: Report Neal Bhai [Hindi]
बहुत सारे बाजार के लोगों ने कहा। पिछले हफ्ते की चार दिवसीय रैली ने निश्चित रूप से कुछ विश्वास बहाल किया क्योंकि बाजार आगे बढ़ गया था, जो पिछले पांच हफ्तों या उससे अधिक समय में बाजार को गले लगाने वाली मंदी की पकड़ को पूरी तरह से हिला रहा था।
Bank Nifty Report for Today By Neal Bhai [06-12-2021]
Bank Nifty Report: In the Friday Trading session, Bank nifty fell from their trend line resistance and made a good move on the downside.
Nifty 50 Technical Weekly Repot – 21-11-2021 — Neal Bhai
Nifty 50 Technical Weekly Repot: The last week was a bit of a write-off for the bulls. In a slightly truncated week, the prices declined for all four sessions and the Nifty 50 ended down, threatening the swing low made back at the end of October.
![Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]](https://www.goldsilverreports.com/wp-content/uploads/2018/04/nifty-50-stock-of-the-nationx11s@goldsilverreports-GSR.jpg)
Nifty Technical Report: Sand Near At 17,400 – Neal Bhai Reports
Nifty Technical Report: After quite some time…two successive losing weeks. The bulls are missing a beat here. As far as intra-week trends go, it was a bit binary – the initial few days a mild attempt to rally and then a surrender on Thursday that saw no recovery on Friday. Not exactly a week of inspiring action for the bulls among us. This is how it panned out across the week.
Buy State Bank of India For Target Price Rs 535 | Neal Bhai Reports
Is it good time to buy SBI shares? – Buy call on State Bank of India with a target price of Rs 537. The current market price of State Bank of India is Rs 508.60.