Matrix Moments, by Matrix Partners India, is a podcast series dedicated to the founders, startups and all those within the ecosystem, through candid conversations on what we think it really takes to survive in this wild, wild startup world. In a world where we are endlessly engulfed with information in all its forms and sizes, this is our attempt to create, curate and bring to you the insights and reflections that we have had the luxury of having learned the hard way, through all the years s ...
3513: Hot Stocks | Syngene International, Pidilite Industries, Sunteck Realty can give up to 16% return in short term
Manage episode 302305534 series 2281774
Creato da Audioboom, autore scoperto da Player FM e dalla nostra community - Il copyright è detenuto dall'editore, non da Player FM, e l'audio viene riprodotto direttamente dal suo server. Clicca sul pulsante Iscriviti per rimanere aggiornato su Player FM, o incolla l'URL del feed in un altra app per i podcast.
After hitting record highs in the week gone by, Nifty consolidated at higher levels. However, stock-specific actions continued and mid and smallcap counters outperformed the frontline stocks.
On the derivative front, both Call and Put writers were seen active at 17,400 strike which points that the market is likely to remain sideways in the coming sessions.
On the technical front, secondary oscillators are pointing towards further consolidation.
For Nifty, 17,250-17,200 zone would act as strong support with bias likely to remain in favour of bulls.
For Bank Nifty, the level of 37,000 will act as a strong hurdle as of now, above which, we can witness the next round of short-covering by Call writers.