Dalal Street Week Ahead: Markets to remain cautious; protect profits at higher levels

Dalal Street Week Ahead: Markets to remain cautious; protect profits at higher levels

After continuing to rise in an unabated manner for three out of four sessions in a truncated week, the Indian equity markets managed to end on a positive note for the week. But the market witnessed a sharp profit taking bout in the last trading session. From a technical perspective, the most important of the … Read more

Dalal Street Week Ahead: Market to stay highly stock specific

Dalal Street Week Ahead: Market to stay highly stock specific

In the previous technical commentary and forecast, it was anticipated that this week may see some ranged consolidation. It was also expected that such consolidation may have ranged moves and some profit-taking bouts from the higher levels. However, the downsides were expected to stay limited. While dancing exactly to these tunes, the markets spent the … Read more