A bounce towards 12,300–12,400 again cannot be ruled out. However, we continue to mention that this could be a final leg of the upward move and a wiser strategy ahead of the Budget could be to book longs in the final week of January 2020, since the above-mentioned negative signals are still intact. … [Read more...] about Hot stocks | Indian Bank, GAIL can give 6-11% returns in the next 3-4 weeks; here’s why
Buy a stock online
When we invest in companies with growth and quality together, there could be points of time when growth could be low due to a tighter external environment. But, once the external environment eases, or these companies take their own internal steps to counter it, the returns usually compensate for the lost period. … [Read more...] about Demystifying ‘quality’ when picking stocks for portfolio in 2020
“Investors should include at least 60 percent of the portfolio with large-cap stocks and should buy the remaining 40 percent in quality mid-small cap stocks at any correction. We are bullish on cement stocks as government spending on infra may be an added advantage to this under-performing sector,” he said. … [Read more...] about These 12 Nifty stocks gave double-digit CAGR in 10 years; are they good for your portfolio?
The recent formation of the C&H pattern will give a breakout on a weekly close above Rs 362 marks which suggests buying in the stock for higher targets of Rs 500. Volume can also add further insight while trading these patterns. Decent volume participation while giving breakout is also giving support to C&H pattern. … [Read more...] about Cup & Handle pattern in Ujjivan Financial suggest buying opportunity
Moreover, the decision of Maharashtra Cabinet to keep mall, shops and eateries in Mumbai open round-the-clock also lifted sentiment. The rule will come into effect from January 27 in Mumbai's non residential areas such as Bandra Kurla Complex (BKC) and Nariman Point.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Spencer Retail jumps 27% in 2 days as Radhakishan Damani buys stake in co