“Yes, this is just a routine correction which is healthy also if we are supposed to make new highs, so this sort of routine correction is also expected and should happen,” says Shilpa Rout, Prabhudas Lilladher. What do you make of the weakness, is it just a one-day move or maybe we are going to … Read more
“One can go for options trades. I believe a long straddle at 17400 zone is very much likely to be played out for the next week expiry,” says Shilpa Rout, Prabhudas Lilladher.What do you make of the market move after 8-9 trading days we are sustainably into green so far?After eight consecutive sessions of losses … Read more
“The trend is actually like you said neutral or it is more towards sell on rise because for any sort of upside trend change, we will see that Nifty has to close above 18,250 in future,” says Shilpa Rout, Prabhudas Lilladher.A view on the market after yesterday’s so called selloff led by FII selling. What … Read more
“Bank Nifty is also holding very decisively at about 42000 which is a very good sign for the bulls and we should see targets of 44000 in a short while,” says Shilpa Rout, Derivatives – Lead Analyst, Prabhudas Lilladher. It looks like the benchmark indices have taken a breather after the furious rally that we … Read more