Nifty may resume uptrend soon; IT stocks could see short-term gains: Rohit Srivastava

Nifty may resume uptrend soon; IT stocks could see short-term gains: Rohit Srivastava

After a volatile few sessions, the market’s recent pullback is likely just a pause before the next leg higher, according to Rohit Srivastava, Founder of Strike Money Analytics & Indiacharts. Srivastava believes that the Nifty’s consolidation phase is nearing an end, and most of the negative news that had weighed on sentiment has already been … Read more

NBFCs offer strong entry point after recent pullback: Rohit Srivastava

NBFCs offer strong entry point after recent pullback: Rohit Srivastava

“Both the daily and weekly RMI momentum indicator that we use are giving bullish signals. So, there is no doubt right now that the markets are going to weaken further,” says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts.With this new series, a lot of volatility already kicking in. There are big events lined up, … Read more