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Category: Markets Outlook

STOCKS TO TRADE FOR THE DAY-12 TH MAY 2020

STOCKS TO TRADE FOR THE DAY-12 TH MAY 2020

The Sensex closed the day with a loss of 81 points, or 0.26 percent, at 31,561.22 and the Nifty settled 12 points, or 0.13 percent, lower at 9,239.20. Trends on SGX Nifty indicate a negative opening for the index in India with a 37 points loss. Analysts believe the market will continue to remain volatile in the near term, reacting to the spread of novel coronavirus, or COVID-19, newsflow regarding development of its vaccine and government’s measures on stimulus and restarting the economy. GET OUR…

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STOCKS TO TRADE FOR THE DAY-11 TH MAY 2020

STOCKS TO TRADE FOR THE DAY-11 TH MAY 2020

The BSE Sensex and Nifty50 fell nearly 6.2 percent during last week, Nifty Smallcap and Midcap indices were down 4-5 percent. Market is expected to remain volatile with negative bias. Trends on SGX Nifty indicate a positive opening for the index in India with a 90 points gain. Market will first react to ICICI Bank’s numbers today. But overall, it is expected to remain volatile with negative bias. GET YOUR PAID SERVICES NOW http://streetgains.in/subscribe/ Happy trading Team streetgains Share on: WhatsApp

STOCKS TO TRADE FOR THE DAY-8TH MAY 2020

STOCKS TO TRADE FOR THE DAY-8TH MAY 2020

Equity benchmarks resumed their downward march on May 7 as rising cases of COVID-19 and a delay in government stimulus dealt a blow to investors’ sentiment. The Sensex closed the day with a loss of 0.76 percent at 31,443.38 and the Nifty settled 0.78 percent lower at 9,199.05. According to pivot charts, the key support level for Nifty is placed at 9,157.35, followed by 9,115.65. If the index starts moving up, key resistance levels to watch out for are 9,259.3…

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STOCKS TO TRADE FOR THE DAY-7TH MAY 2020

STOCKS TO TRADE FOR THE DAY-7TH MAY 2020

Sensex closed on May 6 with a gain of 232 points, or 0.74 percent, at 31,685.75 and the Nifty settled 65 points, or 0.71 percent, higher at 9,270.90. According to pivot charts, the key support level for Nifty is placed at 9,142.63, followed by 9,014.37. If the index continues moving up, key resistance levels to watch out for are 9,373.03 and 9,475.17. The Nifty Bank closed 2.19 percent higher at 19,694.55. The important pivot level, which will act as crucial…

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STOCKS TO TRADE FOR THE DAY-6TH MAY 2020

STOCKS TO TRADE FOR THE DAY-6TH MAY 2020

Benchmark indices closed in the red on May 5 due to profit-booking with the Sensex closing with a loss of 262 points at 31,453.51 and Nifty settling 88 points lower at 9,205.60. Sentiment continues to remain weak on the back of high valuations, profit-booking, weak results announced so far and no stimulus announcement by Government till now. GET YOUR PAID SERVICES NOW http://streetgains.in/subscribe/ Happy trading Team streetgains Share on: WhatsApp

STOCKS TO TRADE FOR THE DAY-5TH MAY 2020

STOCKS TO TRADE FOR THE DAY-5TH MAY 2020

Trends on SGX Nifty indicate a positive opening for the index in India with a 99 points gain tracking global markets. The Sensex plunged 2,002 points to 31,715 and the Nifty fell 566 points to close at 9293. Investors lose nearly Rs 6 lakh crore in a single trading session. The average market capitalisation of the BSE-listed companies fell from Rs 129.41 lakh crore recorded on April 30 to Rs 123.69 lakh crore on May 4. GET YOUR PAID SERVICES…

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STOCKS TO TRADE FOR THE DAY-4TH MAY 2020

STOCKS TO TRADE FOR THE DAY-4TH MAY 2020

This week is unexpected to be the same as last week as there could be a knee-jerk reaction to weak global cues amid fears of another United States-China trade war and disappointing HUL earnings. Overall, the week is expected to be volatile. Nifty ended in the green in all sessions of the holiday-shortened week that ended on April 30. The index ended on a 7-week high amid positive global cues, progress in trials of a COVID-19 vaccine, hopes of easing…

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STOCKS TO TRADE FOR THE DAY-30TH APRIL 2020

STOCKS TO TRADE FOR THE DAY-30TH APRIL 2020

Benchmark indices ended in the green for the third day in a row on April 29 with Sensex closing the session with a gain of 606 points and Nifty settling 172 points higher at 9,553.35. According to pivot charts, the key support level for Nifty is placed at 9,430.52, followed by 9,307.68. If the index continues moving up, key resistance levels to watch out for are 9,638.02 and 9,722.68. The Nifty Bank closed 2.03 percent up at 21,090.20. The important…

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STOCKS TO TRADE FOR THE DAY-28TH APRIL 2020

STOCKS TO TRADE FOR THE DAY-28TH APRIL 2020

Indian markets extended gains after the Reserve Bank of India (RBI) announced a special liquidity facility of Rs 50,000 crore for mutual funds to calm investors jittery after the Franklin Templeton fiasco. The Sensex closed the day 416 points, or 1.33 percent, higher at 31,743.08 and the Nifty settled 128 points, or 1.40 percent, up at 9,282.30. GET YOUR PAID SERVICES NOW http://streetgains.in/subscribe/ Happy trading Team streetgains Share on: WhatsApp

STOCKS TO TRADE FOR THE DAY- 27TH APRIL 2020

STOCKS TO TRADE FOR THE DAY- 27TH APRIL 2020

After two weeks of gains, the bears once again took control of the D-Street in the week ended April 24 amid rising COVID-19 cases and delayed financial stimulus. The BSE Sensex corrected 0.83 percent during the week, while the Nifty50 lost 1.2 percent. The carnage was worse in the broader markets as both BSE Midcap and BSE Smallcap index fell around 3 percent each. Other factors that weighed on investor sentiment during the week include the possible extension of lockdown,¬†closure of debt schemes…

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