abhishekmittal1

06:20

abhishekmittal1

Nifty and Bank Nifty are both likely to open in a slight positive zone and then move sideways. For a detailed analysis please watch the video.

04:55

abhishekmittal1

Nifty - Day Range 1 23002 23408 Day Range 2 22668 23742 Bank Nifty - Day Range 1 48164 49014 Day Range 2 47464 49714 Watch the video to find out what direction will these indices take tomorrow.

03:45

abhishekmittal1

Ultratech cements declared it's quarterly results today and the stock price ran 7% intraday even though the profit was down 17% YoY. What's the reason that moved not just this share but the entire sector today? The video has your answers.

07:43

abhishekmittal1

Both Nifty and Bank Nifty have formed a Bullish Harami candlestick pattern and both indices are likely to trade higher in the next session. That said, this candlestick pattern needs a confirmation candle. Will we get a green candle next? Watch the video to know the factors affecting both indices tomorrow and how these will trend in the 1st and the 2nd halves of...

03:54

abhishekmittal1

The most awaited results of this earning season are here. The heavyweight HDFC Bank has announced its results and there is a clear growth seen in YoY no.s - total income, net income, net profit and PAT. That said, there is a miss on one front. Will street ignore it or take it as a reason to continue the fall? Watch the video to find out.

04:34

abhishekmittal1

Even though the markets are in oversold territory for a long time, they are not hesitating to fall further day by day. Some call it persistent FII selling, some blame it on our domestic corporate results. Here is what appears to me the right reason for the wrong in Indian markets. Check it out in the video.

04:03

abhishekmittal1

Bandhan Bank stock has shown resilience in the past 1 week of trading. The stock is not in news recently. So why is the stock moving. Does F&O ban has something to do with it?

03:24

abhishekmittal1

Dixon tech reported strong growth in revenue up by 117% compared to same quarter last year. Not just this, they have also reported profit growth of 124% QoQ. Can they still deliver growth in coming quarters? Around a quarter analysts who cover this stock do not think so. Why? Watch the video and get your answers.

03:16

abhishekmittal1

NBCC is a fundamentally strong company & has recently bagged 5 orders worth Rs. 405 Cr. Not just this, it also inked a deal worth 3,500 Cr with Sarkari Awas Nirmal Avam Vitt Nigam. The slight positive sentimental push from the market today pushed the share price high. The share can give another 14% move once it crosses Rs. 100 mark.

05:15

abhishekmittal1

Reliance close was very positive today and this one stock is capable of moving the market up. Infosys also came out with good results. That said, Nifty has again made a higher high higher low and is in itself a good positive sign. A small gap up opening is likely and welcome but I am personally not a fan of a big gap up opening since the index is obsessed to...

04:00

abhishekmittal1

Infosys presented outstanding results today on not just year on year but also showed consistent growth on quarterly time frame. The street might have expected this already and that's why the stock price soar in recent past. What they wouldn't have expected is their revision in growth estimates from the earlier band of 3.75-4.5 to 4.5-5%. Still the stock fell...

05:23

abhishekmittal1

Nifty's persona for tomorrow is positive though one has to be cautious in trading this index since the volumes were low today. Bank Nifty on the other side has closed with an indecision candle, and I would avoid trading it tomorrow i.e. 16th Jan 25. FIIs are still in a negative mood. Watch the video for specific levels on both indices.

03:26

abhishekmittal1

Even though Kalyan Jewellers has reported strong performance of 39% YoY growth, the share price is down almost 34% from top and here's why - The stock has returned 400% in last years and this may be a victim of the Pump and Dump strategy as pointed out by SEBI member Anant Narayan day before yesterday. But that may not be the only reason. Does the government...

05:15

abhishekmittal1

Nifty is likely to trade in positive territory the entire day tomorrow. Today's close has formed a positive candlestick pattern and it is to be seen if tomorrow's close confirms this pattern. If it does, Nifty is likely to go higher in following days but if it doesn't, Nifty will resume its downward journey. Want to know precise levels within which Nifty is...

04:27

abhishekmittal1

Speculations galore around Adani group stocks! This time around there is unconfirmed news that Adani group is raising funds from the US big shot money managers and with Trump coming in, this gets easier. A word of caution - Avoid long-term investing in any stock on speculative news flows. Let the news confirm before making entry. Till then, you may make a quick...

09:59

abhishekmittal1

There are a lot of versions for our falling markets. Let's evaluate a few of those - 1. Poor performance of companies - This reason may be justified for dip in market during the last-to-last quarter but not for most recent one since the results have just started dripping in. 2. FII selling - May be true but again DIIs are almost matching their sell no.s 3....

09:10

abhishekmittal1 Updated 

Day range - 19569/19818, Extended ragne 1 - 19477/19910, Extended range 2 -19359/20028 Nity closed in red as expected with a Bearish harami candlestick pattern on daily chart. It worthy to note that a similar patter existsion a weekly chat also. That said, weekly chart indicates a strong support at 19600, Options data also indicate down side till 19590 for...

13:35

abhishekmittal1

Closing Range - 19609/19852. Extended range 1 - 19519/19942, Extended range 2 -19415/20046 Nifty closed in Green with high volume but as expected, there was some profit booking from higher levels. This is natural also since Nifty has come up approx. 900 points from the recently lows of 18850. During this down move, Nify can come down to fill the gaps, which were...