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Nifty Analysis: Tech View: Nifty unlikely to see trend reversal as long as it is above 15,000

NEW DELHI: Nifty50 fell for the third straight day on Thursday, but managed to hold above its immediate support at 15,100-15,080. The 50-pack formed a bearish candle on the daily chart and continued to form lower highs and lows. Analysts ruled out any major correction in Nifty as long as it holds above 15,000 level. “Although Nifty looked a bit tentative, it is nowhere close to seeing a trend reversal soon. The recent selloff needs to be construed as minor profit taking. In the coming session...
Sameet Chavan Mazhar Mohammad Gaurav Ratnaparkhi Manish Shah Nifty Analysis Nifty Levels

Pre-Budget Jitters Pummel 70% PMSes Into The Red In January; Large, Multi-cap Funds Bleed The Most

Pre-Budget jitters pummel 70% PMSes into the red in January; large, multi-cap funds bleed the most Basant Maheshwari Wealth Advisers Equity Fund was the biggest loser in January, dropping 8.09 percent on a month-on-month basis. February 10, 2021 / 12:25 PM IST After three straight months of gains, Nifty showed signs of fatigue in January, especially in the second half of the month as investors turned cautious ahead of the Union Budget. A steep correction ensued and benchmarks dropped all...
Kotak Fintech Jyotivardhan Jaipuria Basant Maheshwari Basant Maheshwari Wealth Adviser Equity Fund Mutal Fund Value Equity Wize Market Analytic Capital Fund

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