Trade Setup: Chances of major down move in Nifty limited; avoid shorts

Trade Setup: Chances of major down move in Nifty limited; avoid shorts

After three days of strong technical pullback, the domestic equity market spent the second day consolidating with an inherently positive bias on Friday. On the last trading day of the week, headline index Nifty opened on a modestly negative note, but soon crawled in the positive territory for a brief moment. As the selling pressure … Read more

​Tweet Buster: 7-point checklist for picking new stocks; will cyclicals continue to outperform?

​Tweet Buster: 7-point checklist for picking new stocks; will cyclicals continue to outperform?

NEW DELHI: Even as the Sensex gained 1.9 per cent last week, investors remained worried over the spike in Covid cases, pace of vaccination and withdrawals by FPI investors. On Twitter, two issues dominated discussions – why is the stock market going up when cases are rising? – and Sebi‘s new rule on compensation of … Read more