“So, the bias is positive and the breakout on the index will happen above 22,750 on Nifty on the upside and on the downside the texture could deteriorate only if we break 22,100,” says Aditya Arora, Adlytick.Nifty has been sideways for the last five to six consecutive sessions. When are we going to really pick … Read more
“Things are looking little better and they seem to be little ahead of the curve. They have completed correction ahead of global market,” says Aditya Arora, Adlytick. Do you believe that the markets are also ready to make a win?Aditya Arora: Exactly. Markets are ready to win. Today morning it was a tough fight between … Read more
“If one had to take bullish bias, then they should only take above 24,500. Otherwise, this market could be sell on rally in that kind of a pattern. And if one had to talk about leadership, then banking is having more leadership compared to Nifty,” says Aditya Arora, Adlytick. How are you looking into this … Read more
“We must watch out if this level holds out, then we can see a short-term bounce in the market, but more worrying is the weakness in smallcap and midcap space,” says Aditya Arora, Adlytick.What are charts suggesting? When will this fall in markets take a halt?Aditya Arora: Look, the texture has been weak and we … Read more
“Risk-reward is pretty favourable and if you look at market leaders like Col-Pal they are trading at 52-week highs, so they are already setting the trajectory for other FMCG peers to follow,” says Aditya Arora, Adlytick Help us understand this move that we have been seeing in the FMCG pack over the last couple of … Read more
“All the stocks are firing up and I had been recommending metal stocks since almost one month so most of them are doing well. And I think it is just the starting because previously also stated that Dollar Index has internationally corrected from 105 levels to almost 100 levels,” says Aditya Arora, Adlytick.When you look … Read more
” Reliance is the heaviest weighted counter in Nifty and it has been a thing that whenever market needs a strong support when every other counter is lacking strength then Reliance comes back into action,” says Aditya Arora, Adlytick.Have we missed the big move on Reliance or it is just breaking out? Should any pullback … Read more