[ad_1] Indian markets have entered the month of July with renewed optimism and new energy. The broader market is trading in the green in the first week of July. Last week, we talked about niftyperformance when its PE falls below 20 times. When the PE drops below 20x, the average 1-year forward return is 15.2%. Currently, we are trading at 19.9x. This is indicating an attractive level for the market participants to choose good quality stocks to generate high returns. Today we will look at why the market is likely…
Tag: bull
Bull Market: Weekly Options Strategy: Aim at 16,000-16,200, go for the Bull Call Ladder
[ad_1] strategy position Buy 7 Jul 15800 Call 141; Sell 7 Jul 16000 Call 64.5 and Sell 7 Jul 16200 at 20.5 (1 lot each). argument nifty Quiet last week even after quarterly and monthly settlement and trial series VWAP Around 15900, it went below the 15700 level. A change in policy on the back of Friday’s fall saw a sell-off among the oil and gas giant. However, the broader markets outperformed relatively and ended the week in the green. Going forward, a round of short covering can be expected…
Nifty: Which stocks will lead the next bull market? Check Technical Indicators
[ad_1] New Delhi: Lena nifty Bulls on a roller coaster ride, the stock market which was in a definite uptrend a few months ago shifted to an uptrend-under-pressure mode and then into a downtrend mode. After hitting a 52-week low of 15,183 last week, Nifty is now back in a rally-attempt phase as the bulls take the plunge as if they were genetically pre-programmed to do so. However, the technical indicators are yet to indicate that the Nifty has bottomed out. “When the market direction changes, it is important to…