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Mazhar Mohammad of Chartviewindia.in said there are neither sell signals nor weaknesses on the price chart and advised traders to lock in their profits by placing a stop loss below the 16,490 level and look for a modest target of 16,700.
Fed's Jerome Powell weighs earlier end to bond tapering amid hot inflationIt’s “appropriate in my view to consider wrapping up the taper of our asset purchases, which we actually announced at the November meeting, perhaps a few months sooner,” Powell said.
from Stocks-Markets-Economic Times https:… Read MoreInvestment via P-notes hit 43-month high in OctAccording to Securities and Exchange Board of India data, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- was at Rs 1,02,553 crore by October end.
from Stocks-Markets-Economic Time… Read MoreAhead of Market: 12 things that will decide stock action on WednesdayMazhar Mohammad of Chartviewindia.in said unless the Nifty50 manages a sustainable close above 17,000 level, the index can breach the recent corrective swing low of 16,782 levels.
from Stocks-Markets-Economic Times https://i… Read MoreNSE-BSE bulk deals: Nalanda India Fund sells stake in Kirloskar Oil EnginesIn another transaction, Franklin Templeton Mutual Fund bought 4 million shares of Kirloskar Oil Engines at Rs. 180 per share through two bulk deals on the NSE.
from Stocks-Markets-Economic Times https://ift.tt/3xLLJN0
… Read MoreTrade Setup: Short-covering led rally likely if Nifty holds 17,000 levelWe enter the penultimate day of expiry of the weekly options and the options data show 17,000 continuing to hold maximum Put Open Interest. This means that if Nifty opens above 17,000 and stays above this level, there are fai… Read More
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