The support for the Nifty is at 5200 and resistance at 5300-5385, says Technical Analyst, Prakash Gaba.
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In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com suggests that investors remain long on the Nifty and continue to add to their portfolio.
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Parul Saini of RBS says, he remains buyers of Indian equities, and maintain our year-end target of 5800 for the Nifty.
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Ambareesh Baliga, the COO of Way2Wealth finds it difficult to pin down a number for the February series. Even though there is market movement, he expects a correction.
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So as to make the most of the current rally, Shruti Vora of Antique Stock Broking advises traders to go long above 5200, and tells CNBC-TV18 that there is good buying opportunity in some metal and cement names.
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In an interview to CNBC-TV18, SP Tulsian gave reading and outlook for stocks across various sectors like Crompton Greaves, Coal India, IVRCL and others.
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Rates strategist at Nomura India, Vivek Rajpal, tells CNBC-TV18 that he expects rates to consolidate around 7.45-8%.
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In an interview to CNBC-TV18, SP Tulsian gave reading and outlook for stocks across various sectors like Crompton Greaves, Coal India, IVRCL and others.
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After the powerful rally we had yesterday, Sudarshan Sukhani of s2analytics.com says that it is bet not to question the wisdom of the market and go long.
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Rural demand is on the upswing, which augurs well for various sectors, says Sanjeev Prasad of Kotak Institutional Equities. He likes ITC, GSK, Godrej Cons, Marico, MM and MM Finance.
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In an interview to CNBC-TV18, Vineet Bhatnagar, MD, MF Global said that the current rally is showing no signs of exhaustion at the moment. He feels that the Nifty is likely to get support at 5000-5100.
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India is shining again. After a robust rally of almost 11% in January, Indian market is charming foreign investors. Given that bad earnings season is over and no negative news is expected in the domestic front, experts feel that the market is likely continue its uptrend.
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The support for the Nifty is at 5070 and resistance at 5202-5385, says Technical Analyst, Prakash Gaba.
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In an interview with CNBC-TV18, Varun Goel, Head PMS of Karvy Private Wealth, spoke about his reading of the current market situation and his outlook.
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Rahul Mohindar of viratechindia.com tells CNBC-TV18 that yesterday's 100 point decline does not indicate a reversal in market momentum and that it is only a correction or pullback
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