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.
His ability to take tough decisions critical In all likelihood, Dalal Street will react positively to the elevation of N Chandrasekaran.
Buy-buy months The first half of a calendar year is critical for stock investors as it tends to have a bullish bias. Often that is a trap for trend-sniffers and quick-buck seekers.
Have long exposure to call options After almost eight straight weeks, luck finally favoured traders with long positions in call options.
Bulls will need more push The Street sentiment was better last week than in the previous week, though the pace of Nifty’s rise was slower.