Posts in category Economic Times
Creating short positions in the market; expect 1,000-4,000 pts correction post election: Aditya Arora (07-05-2024)
Aditya Arora of Adlytick foresees Nifty correction post-election due to market overvaluation. He says a short-term spike is possible and suggests caution and waiting for trading opportunities. Arora says: "Whatever is the top for the market, from there we see a correction of 1,000 to 4,000 points." He further recommends a Britannia buy for potential outperformance in choppy market conditions.
Creating short positions in the market; expect 1,000-4,000 pts correction post election: Aditya Arora (07-05-2024)
Aditya Arora of Adlytick foresees Nifty correction post-election due to market overvaluation. He says a short-term spike is possible and suggests caution and waiting for trading opportunities. Arora says: "Whatever is the top for the market, from there we see a correction of 1,000 to 4,000 points." He further recommends a Britannia buy for potential outperformance in choppy market conditions.
ITC Options Radar: Deploy debit spread to chase bullish momentum (07-05-2024)
ITC stock exhibits bullish momentum supported by technical indicators and sector outlook. Debit spread strategy advised by analyst Madhu Bansal for effective trading. Exit strategy involves selling bought call and buying sold call for profit.
ITC Options Radar: Deploy debit spread to chase bullish momentum (07-05-2024)
ITC stock exhibits bullish momentum supported by technical indicators and sector outlook. Debit spread strategy advised by analyst Madhu Bansal for effective trading. Exit strategy involves selling bought call and buying sold call for profit.