Trading Tips - 0212
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Three successive weeks, the market was on the losing trend. The market opened with a optimistic start last week on the back of sliding oil prices, strong rupee and positive global cues. The Sensex finally closed the week gaining 574 points or 2.84% at 20791 while the Nifty ended with a gain of 180 points or 3% at 6176 as investors got into a short covering and bargain hunting in front line stocks led by banking, capital goods, auto, reality, metal among others. Persistent funds flow during the week from the FIIs too boosted the market sentiment.
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Three successive weeks, the market was on the losing trend. The market opened with a optimistic start last week on the back of sliding oil prices, strong rupee and positive global cues. The Sensex finally closed the week gaining 574 points or 2.84% at 20791 while the Nifty ended with a gain of 180 points or 3% at 6176 as investors got into a short covering and bargain hunting in front line stocks led by banking, capital goods, auto, reality, metal among others. Persistent funds flow during the week from the FIIs too boosted the market sentiment.
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Our recommendation based on various inputs. The data is refreshed from 10:30 IST
The recommendation is based on our research and I believe that this is the way it would be heading. The data has been used from Bloomberg. In - Bloomberg India, The Economic Times Business News, Personal Finance, Financial,CNBC TV18 - Money Control, Money Control, NDTV Profit: Business Finance, Stock Market, Quotes, News, ICICI Direct and discussion with the guru’s of share market. I have also observed Rakesh Jhunjhunwala portolio and his approach towards the market trading.
The views and recommendations expressed in this section are my own view. Please consult your financial advisory before taking any position in the stocks mentioned