Research - Angel One - Page 9

The SGX Nifty had indicated a soft opening for new calendar year. However, our markets completely shrugged off these cues as they started the session marginally in the green on Monday. We did see some ambiguity in the first half; but with few heavyweights attracting strong buying around the midsession, Nifty picked up decent momentum …

Our markets had a splendid start for the week owing to favorable developments in US markets over the weekend. At the close, Nifty did not disappoint as it reclaimed 18100 on a closing basis. Honestly, we expected the market to come out of its recent slumber phase; but once again, markets failed to sustain at …

Future outlook Last week, the Adani group fiasco struck our markets like a comet. The spillover effect of this carnage triggered massive sell off in banking space which then spread across the broader market. Around the mid-week, the Finance Minister delivered a stellar ‘Budget’ and markets gave a complete thumbs up to this event. We …

For the third consecutive week, our markets had a promising start; but we failed to capitalize on it once again due to lack of follow up buying interest. The US markets were the spoilsport as we witnessed a sizeable correction there in the latter half of the week. Although, we didn’t mirror the weakness, our …

If you have been in the derivatives market for some time, you would have surely heard the now famous story of how Nick Leeson brought down Barings Bank of London. Leeson, who was heading the Barings trading desk out of Singapore, had heavily sold strangles on the Nikkei (Japanese index). Essentially, he had sold higher …

Take any housing finance company in India and they have been clear outperformers in the equity market. Be it the larger housing finance companies like HDFC, LIC Housing Finance and Indiabulls Housing Finance or smaller companies like GIC Housing, CanFin Housing and Dewan Housing; they have all outperformed the overall market by a fairly big …

Today, non-delivery based trading on the stock exchanges ranges from 70-75% on a daily basis. This is largely driven by intraday traders who look to play more on the short term price volatility of the stock. For a trader to be successful in intraday trading there are 4 basic pre-conditions. Firstly, the trader needs to …

India’s largest private sector bank HDFC has expressed desires to raise capital funds from the market through AT1 bonds. It will be the first for any Indian bank to issue an unsecured perpetual debt instrument to raise funds since Yes Bank issued it in March this year after it was placed under moratorium by RBI. …

You may surely find this quite amusing! What are there steps to being profitable in intraday trading? Actually, there is no real guide that can help you to consistently make profits in intraday trading. But intraday trading is all about managing your risk and the returns normally follow logically. While they still cannot guarantee profitability, …

Charles H. Dow, after whom the “Dow Jones” Wall Street index is named, is the founder of many theories, and his contribution to the theories of Technical Analysis is immense. Even after over a hundred years what he once propagated does not simply hold but lays the foundation for much of what has been developed …