Rajiv Nagpal
Market Expert
New Delhi
My Stories
Keep booking profit It was a week in which the index had corrected marginally, but if you ask any trader or retail investor whether he had felt the correction, the most likely answer would be no.
Wait for earnings reports If last month belonged to call option buyers, this month belongs to neither call option buyers nor those with long positions in put options.
Putting indices to use The two stock exchanges, BSE and NSE, have come up with several sectoral indices in the last 15 years.
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.