if you Cleary look at the chart nifty is trading above all the previous resistances and they double bottom formation breakout has just occurred on oct 14 and we have seen good rally after that and once the resistance of 18070 is taken out we might see nifty try to hit the all time high and if we see a downfall the best support can come to the breakout level of...
The big question is what should we do with Maruti:
Fundmental analysis :
On fundamental basis we should sell Maruti because the amount of return in equity has been following over the years and it is also in loss because of rising steel prices and it is not able to keep up with the suv trend. Also there is chip shortage.
Future on fundamental:
In the futures...
My though on hdfc bank and the entire hdfc chain especially hdfc bank, life, and Amy are to sell it of because of the bad results and I would recommend to not take any buy orders on the banking sector because the fall of hdfc bank is making the sector fall as well. So my view on hdfc chain will be to sell it for intraday.
