“Our view is to buy on dips, Nifty is looking good for 24,000 from a positional perspective. At 23,200, 23,300 the risk-reward is favourable for longs so keep a stop loss place around 22,000 on the closing basis and the view is to go long,” says Rahul Sharma, JM Financial Services.Look at the recovery that … Read more
“So, net-net, overall, things are getting better incrementally for the market and we are seeing that once this pullback is done, we should see another round of rally coming up in the market,” says Rahul Sharma, JM Financial Services.Give us a sense of the kind of levels that you are spotting for the Nifty as … Read more
“Going by the monthly put options on the Nifty seems like a good idea where we feel that these put options can double or even possibly triple from the current levels,” says Rahul Sharma, JM Financial Services. Third straight day of decline and today it is around 200 points down, that is what we are … Read more
Financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know. While everybody is looking at the same stock prices, same charts and has access to the same balance sheets and management commentary, not everybody has the same outcome in their trading and investing … Read more
Rahul Sharma, Director, JM Financial Services, says “there is a very big breakout in Grasim. About 21 months of consolidation. Finally,, cement stocks are seeing a bit of attraction this week. Rs 2,200-2,500 is the projected target for the next 12 months. So both short term and long term, Grasim looks pretty solid. Also, go … Read more
“But I think technically speaking, as long as we are above 18600, Nifty should be fine. Dips should get bought into and what we also have to see is globally markets are also fine,” says Rahul Sharma, JM Financial Services.It is a growth oriented policy, yes. They brought down inflation expectation just a bit but … Read more
“Today is the sixth time probably when Nifty is trying to break this floor and even if it fails today I think there could be another round of bounce back which could take us back to 18,100 on the upside. So it is a bit tough to take a call,”says Rahul Sharma, .Let us not … Read more
US markets are running on stimulus hope and domestically, it will make sense to be very cautious while trading in short-term players, says Rahul Sharma, market strategist and research head (equity), Equity99 Advisors. On near-term factors at play in the marketIn September, the Nifty fell to 10,800 from 11,600 and then it rebounded to 11,600. … Read more