There are no clear signs of a breakout. We need to approach the market with caution.
Investors must enter stocks with the highest margin of safety in the current markets, says Kranthi Bathini
"After two days of weakness, expect markets to again move higher. Expect Nifty to reclaim 15,900."
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
These current dips can be used by investors to add quality stocks, says Chandan Taparia of Motilal Oswal Financial Services
"While the broader markets have outperformed so far, the time to shift focus back to largecaps"
We are hopeful that Nifty we claim 16,000 however we believe after a short run up post 16,000 up until 16,500 or so, there may be an 8-10% correction
"We can see all time high levels on the Nifty today and we may also see 16,000 hitting as early as tomorrow"
Markets looks to have a great support and any rally which can take the Nifty above 15,930 can push the index above 16,000
Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading 0.5% up on Tuesday in early trade, on the back of positive global cues.