Rajiv Nagpal
Market Expert
New Delhi
My Stories
Straddle your moves this week A comparison of the macro-formation on the charts and the Nifty’s intraday reaction to news flows would indicate the market is waiting for a positive trigger to go into a breakout.
Consolidation with a bullish bias Once again, the market remained in a no-news-is-good-news mode and gains at the index level were nothing to write home about.
Some consolidation on the cards It was another week where both the bellwether index and market sentiment stayed bullish and in tandem.
Be ready to take exposure to February series The decline in value in put options right after the budget speech was a pointer to the market’s bullish bias, and living up to that hint, the Nifty stayed under the bulls’ control for the last many da
Stay with a bullish mindset After moving in different directions for weeks, the broader market and the Nifty 50 index have converged last week, with both displaying a bullish trend.
Focus on bank stocks and Nifty Bank index We probably had the least volatile budget speech event in recent memory on Wednesday, in the first half trading.
Budget: does it matter? Every year, fears and expectations grip the market ahead of the Union Budget. The irony is that most of the time, expectations are not met and fears are proven wrong.
Stay bullish, but stay hedged The market is going into the budget week with a fair degree of optimism. This was more than evident from the way bears covered their short positions on Wednesday and the surge seen in open interests.
Bulls may cover more distance The first hints of what the new US president would bring to the emerging markets came on Thursday.
Start preparing for budget & stay hedged It was another week where fortune favoured traders with long positions in call options from the January series.