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    3 sectors that Kunj Bansal is bullish on in medium phrase

    “Car ancillary inventory identified as Sona BLW is a stock that appears superior to me. The organization has been accomplishing incredibly very well and will proceed to do nicely. Ideally its June quarter quantity really should also come nicely,” suggests Kunj Bansal, Founder, Financial commitment-illiteracy.com. Over-all offered that the texture of the market place has adjusted and there is a bit of conviction in the sector to say that the worst is powering us. Have we produced a flooring about that 16000 mark? Seems like sure while it is generally complicated to predict the market. In actuality if we seem at the final 8 months the craze each and every…

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    Kunal Bothra: 2 stocks thoughts by Kunal Bothra for coming week

    “I am very optimistic on the industry at the very least for the really near expression. The foundation has definitely shifted up increased from 15700 to 16000 on the Nifty,” mentioned Kunal Bothra, kunalbothra.co.in. Edited excerpts: Lender Nifty arrived again strongly and quick covering was in area for a lot of person shares. The major beneficial indication was that lots of significant cap names like L&T, really managed to do very perfectly. Likely forward, which are the sectors which you are monitoring could be the upcoming movers in line?I feel around the final a single week we have witnessed a phenomenal restoration for the indices and the marketplace breadth. The…

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    nifty: Tech View: Nifty shows no follow-up buying, reflects lack of strength

    New Delhi: Nifty50 on Wednesday saw selling pressure, as it ended up forming a bearish candle on the daily chart. The index failed to see a follow through buying, following the breach of 15,200-15,400 range in the previous session, reflecting a lack of strength. Analysts said a fall below 15,400 could trigger further weakness in the index while they see a decisive break above 15,700 a must for further upside. For the day, the index closed at 15,413.30, down 225.50 points or 1.44 per cent. Nagaraj Shetti, Technical Research Analyst at HDFC Securities said that the reasonable negative candle signalled a bull trap in the market. “After a sustainable upside…