“A combination of the two helps in better analysis of the stock. While fundamental analysis tells you about the company’s strengths, Technical offer attractive entry and exit points,” says Anupam Singhi, chief operating officer at William O’Neil India, the company that owns MarketSmith.
Today’s Action:
Markets opened below their key milestone levels and continued to trade lower. Registering major losses, the broader markets are under pressure.
Daily Market Review
The benchmark indices saw a gap down opening amid global selloff on account of a crisis in the White House. The Markets continued to be weak and closed in the negative terrain. Broader markets depicted weakness for the second consecutive day and corrected heavily, and have been moved to under pressure now.
Continue reading “Daily Big Picture – The Nifty sinks by 96 points, broader markets under pressure”
MARKET PULSE
Status: Confirmed Uptrend
Daily Market Review
The key indices along with the Nifty Midcap opened at their record highs and advanced their gains from the morning session. Indexes traded flat in the first half, but made a bullish reversal, and closed near session highs. Finishing on a positive note, the key indices posted small gains in today’s session. The broader markets showed weakness and closed in red.
The Nifty rallied by 0.14%, closing at a record high for the second session in a row on the back of gains in metal and auto stocks. The index opened at 9,517.60 and managed to close above 9500 levels, to end the day at 9,525.75. Making another intraday high, the index traded in the range of 9,486.10 – 9,532.60.
Continue reading “Making a bullish reversal indices close at record highs”
[embedyt] https://www.youtube.com/watch?v=rz1079wWJgM[/embedyt]
MarketSmith India Webinar of Components of Winning Stocks – Big ROE and Pretax Margin covers the following.
• What Drives Earnings Growth?
• Return on Equity
• Why Profit Margins Matter
• How to Find Stocks with Top ROE & Profit Margins
• Where to Learn More About Components of Winning Stocks
MARKET PULSE
Status: Confirmed Uptrend
Daily Market Review
The key indices along with the Nifty Midcap opened at their record highs and advanced their gains from the morning session.
With a stellar opening at 9,461, the Nifty continued its upward momentum to end the session at 9,512.25, gaining 0.71% or 60.85 points during the course. Hitting 9,500 levels for the first time in history, the index traded in a wide range of 9456.35 – 9517.20.
