STOCK FUTURE TIPS !!! OUT LOOK FOR 4 NOVEMBER 2019
Markets traded lacklustre and settled almost on bullish movement , Nifty around 11,900 Sensex in green; Zee Ent, IndusInd Bank top gainersThe market is clearly in a positive setup with festival season seeing improvement in demand and corporate tax rate cut providing the much-needed earnings boost,” ITC, ICICI, Bandhan Bank among top 10 buying ideas that can return 10-60%,Based on technicals, the Nifty has been making higher bottoms and higher tops since 2017, which indicate that the index is in an uptrend from a medium to long-term perspective. I will reiterate our bullish view on the Nifty index and suggest continuing with buy on dips approach. However, participants should maintain extra caution in the stock selection as we’ve already seen a decent rise across the board. Though almost all the sectoral indices are contributing to the rally, we feel banking and metal can outshine the others in the near future so traders should plan their trades accordingly.
Markets traded lacklustre and settled almost on bullish movement , Nifty around 11,900 Sensex in green; Zee Ent, IndusInd Bank top gainersThe market is clearly in a positive setup with festival season seeing improvement in demand and corporate tax rate cut providing the much-needed earnings boost,” ITC, ICICI, Bandhan Bank among top 10 buying ideas that can return 10-60%,Based on technicals, the Nifty has been making higher bottoms and higher tops since 2017, which indicate that the index is in an uptrend from a medium to long-term perspective. I will reiterate our bullish view on the Nifty index and suggest continuing with buy on dips approach. However, participants should maintain extra caution in the stock selection as we’ve already seen a decent rise across the board. Though almost all the sectoral indices are contributing to the rally, we feel banking and metal can outshine the others in the near future so traders should plan their trades accordingly.
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