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Equitymaster delivers independent, unbiased research on the Indian stock market. Trusted by investors since 1996, we help you build long-term wealth with honest, actionable insights — straight to your phone. https://www.equitymaster.com
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Forwarded from Fast Profits Daily
Nifty Expiry Levels: Trading Insights for Today

What an exciting day it has been for the bulls in Nifty yesterday!

The bulls successfully defended the support zone of 19,640-19,570, which paved the way for a reversal. The index closed above 19,700, indicating positive momentum.

Keep an eye on the major hurdle at 19,730 according to my proprietary moving average theory. Additionally, the previous high of 19,795 could add a layer of resistance for the bulls.

On the flip side, 19,500 is expected to act as a reliable support zone.

Today's Expiry Range: As we approach the expiry, I anticipate Nifty to trade within the range of 19,600-19,800.

Opportunities: For put buyers, consider looking for opportunities in the range of 19,740-19,770, while call option (CE) buyers can explore the range of 19,630-19,650.

Based on current trends, the probable expiry level could fall within the range of 19,679-19,723.

#Nifty
#KeepItSimple
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Stock Market Update - Sensex Today Trades Lower | Apar Industries Sinks 4% | Tech Mahindra & Asian Paints Top Losers

Indian share markets are trading lower with the Sensex down by 100 points, while the Nifty is trading 27 points lower.

http://www.eqtm.in/To47D
Smallcap Stocks: Is the Party Ending?

This is why it’s prudent to stay away from the smallcap euphoria.

Is the Smallcap Rally Coming to an End?

Here’s an extract…

Among the emerging markets and the global pecking order, India is a preferred investment destination.

So if most of the big money managers are bullish, why am I not?

Well, it’s not that I’m not bullish on the structural story of India and the Nifty compounding in the years to come. It’s something else. I have believed that when everybody is bullish on stocks, it’s not a good time to buy.

Read on for more…

http://www.eqtm.in/Nt6g8
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Tata Motors is up 60% in 2023. Does This Stock have Room to Rise?

Can the stock of Tata Motors go higher? Find out…

Tata Motors: What Next?

Here’ an extract…

Among the most popular stocks in the market right now is Tata Motors.

It’s not only up 60% since the start of the year, but also an incredible 150% since the rally began towards the end of March.

And if you go back to the bottom of the covid crash, the stock has been a ten bagger.

Traders who wanted short term gains are very happy. Long term investors too are probably sitting on decent profits right now.

But what happens next? Can the stock go higher?

Let’s try to answer that…

http://www.eqtm.in/b8E9H
Stock Market Update - Sensex Today Plunges 610 Points | Berger Paints Tanks 5% | 3 Reasons Why Indian Share Market is Falling

Indian share markets end the day on a weak note. The BSE Sensex fell 610 points while the Nifty ended 193 points lower.

http://www.eqtm.in/w7RWt
Why Tata Investment Share Price is Rising

This Tata Group company is having its best year since 2009.

Tata Investment Stock Rises

Here’s an extract…

This Tata Group NBFC is up 62% so far for the year 2023, which is its best annual performance since 2009, during which the stock had gained over 120%. It has also delivered positive returns in seven out of the last eight years.

Shares of Tata Investment Corporation gained as much as 7% on Thursday to hit a record high of Rs 3,522. This is the fifth day of gains for the stock.

Here are a few possible explanations for the upward momentum.

http://www.eqtm.in/a6CGj
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Stock Market Update - Gift Nifty Down 28 Points | Boost to P&G Supply Chain | Dr Reddy's to Set Up Subsidiary | Adani Power & Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/g7C8J
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Stock Market Update - Sensex Today Trades Higher | NTPC & UPL Top Gainers | Navin Fluorine Tumbles 13%, CX 8%

Indian share markets are trading lower with the Sensex up by 197 points, while the Nifty is trading 69 points higher.

http://www.eqtm.in/d4GXe
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The Best Long Term Investing Theme in the Stock Market Today

How to find the best long-term stocks in India

My Top Investing Theme in the Stock Market

Here’s an extract…

It’s fair to say that the external environment and conditionalities have been met for capex revival and for the private sector to participate in the same.

But is India Inc ready to rise to this opportunity?

The answer seems to be a resounding 'yes'.

It's not just the balance sheets that are much sturdier and robust for a private capex set up. Even on the cash flow front, India Inc. is at decadal highs.

India Inc is well prepared and is investing. The internal cash generation is healthy, and the demand outlook seems promising from the robust order books.

Read on to know more…

http://www.eqtm.in/Ki3x9
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Stock Market Update - Sensex Today Ends 320 Points Higher | Glenmark Pharma Rallies 10% | Hindalco & NTPC Top Gainers

Indian share markets end the day on a positive note. The BSE Sensex ended 320 points higher while the Nifty ended 115 points higher.

http://www.eqtm.in/n2BCx
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Rapid Action Profits Summit

Hi,

Rahul Shah’s Rapid Action Profits Summit begins in 5 minutes. Go here to attend - http://www.eqtm.in/a4E3B

Tap here for details
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Switch from Defence to Railway Stocks?

Selecting stocks in India's railway ecosystem must be with sufficient diligence.

Click for More...

http://www.eqtm.in/k8CXo
How Exide Industries is Powering the Future of India's EV Battery Megatrend

Exide Industries is gearing up for a major EV battery push with its lithium-ion cell venture.

Exide Industries: What Next?

Here’s an extract…

From humble beginning as a lead-acid battery manufacturer in 1947 to becoming India’s leading battery manufacturer, Exide Industry has established itself as the powerhouse of India’s battery market, including lithium-ion batteries and energy storage solutions.

Exide Industries is strategically positioning itself to seize these opportunities through its venture into lithium-ion cell manufacturing.

Read on for more…

http://www.eqtm.in/Qq23C
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Indian Bonds to Join JPMorgan Global Bond Index: What It Means for Investors

JPMorgan Chase, the New York-headquartered multinational financial services firm announced the addition of the Indian government bonds to its Global Bond Index- Emerging Markets index suite...Read on.

http://www.eqtm.in/Jq45G
Top 5 Fundamentally Strong Smallcap Stocks to Watch Out for in 2024

These 5 small-cap stocks are well-poised to deliver strong returns in 2024 and beyond.

Fundamentally Strong Smallcaps for 2024

Here’s an extract…

Small-cap stocks are attractive to investors because of the potential for high returns.

To navigate this terrain successfully, it’s important to seek out small-cap stocks with strong business fundamentals, so they can withstand the test of time.

Bearing this Keeping that in mind, let’s look at 5 fundamentally strong small-cap stocks that could thrive in 2024.

http://www.eqtm.in/Hi57P
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Profit Hunter - SBI and NTPC: What Next for these Stocks?

Will these PSU stocks be the next to rally? Find out...

http://www.eqtm.in/Az52C
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Top 4 Stocks Paying Dividends in October 2023

These four stocks are set to pay hefty dividends in October 2023. Do you own any?

Top Dividend Stocks for October

Here’s an extract…

Dividend investing has a reputation for providing attractive long-term returns, and in particular, attractive long-term risk-adjusted returns.

This is due to their defensive advantages, including less downside volatility in weaker market conditions on average.

This not only allows investors to benefit from potential growth, but it also provides them with a consistent income stream.

Let’s take a look at four stocks that are paying dividends in October 2023.

http://www.eqtm.in/Rz94Z
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Stock Market Update - Gift Nifty Down 35 Points | Vedanta Demerger for 6 Listed Entities | L&T Finance Partners Ather Energy | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/n6TYg
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Stock Market Update - Sensex Today Trades Lower | Eicher Motors Down 4% | ONGC & Hindalco Top Losers

Indian share markets are trading on a negative note with the Sensex down by 427 points, while the Nifty is trading lower by 137 points.

http://www.eqtm.in/Hf79Z
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Why this Stock Deserves to be on Your Green Energy Watchlist

India recently flew its first biofuel charged flight. Here’s the details of the company behind it.

India’s Top Green Energy Stock

Here’s an extract…

The clean energy drive is not just limited to industries, offices, homes, and land. It has taken off to the skies.

And it’s high time for investors to take the biofuel space seriously.

Now this is just one of the opportunities emerging in bioenergy space.

We all know how ethanol blending in petrol created a new investment theme in the stock markets and fuelled the rise of sugar stocks.

But that was just the beginning.

Read on for more…

http://www.eqtm.in/Sg9m7
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Top 5 Multibagger Penny Stocks to Watch Out for in 2024

A look at the top performing penny stocks of 2023 and how they are stacked for 2024.

http://www.eqtm.in/Ny6d4
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