Rank #1: 1887: In The News podcast | President's rule in Maharashtra; 3,000 fraud cases detected in health scheme; and Hong Kong protest
Nov 12 2019
Rank #2: 2190: Decoding Budget 2020 | From tax slab rejig to LIC IPO -- impact on economy and markets, here’s all you need to know
Feb 01 2020
Rank #3: 2045: In The News podcast | Angry protesters throng streets against CAA; Unnao rape convict gets lifer and more
Dec 20 2019
Rank #4: 2239: 1802 HOT STOCKS PODCAST
Feb 18 2020
Rank #5: 2098: In The News | 176 killed in plane crash in Iran; 15,000 employees exit Axis Bank; Bharat bandh and more
Jan 08 2020
Rank #6: 2131: On the Ball | EPL Gameweek 23 preview: Man United aim to stop Liverpool juggernaut at Anfield; City aim to keep pace
Manchester City leapfrogged Leicester City to second spot last weekend thanks to their thumping win against Aston Villa. This weekend the Citizens are at the Etihad stadium as they welcome Crystal Palace.
Promoted just this season, Sheffield United are placed sixth on the league table. The Blades would be aiming for a win against Arsenal as they travel to the Emirates Stadium.
Frank Lampard's young Chelsea have enjoyed great time away from the Stamford Bridge this season and The Blues would expect more of the same when they visit St. James' Park to face Newcastle United.
Watford surprised everyone with a 3-0 win over Bournemouth which helped them come out of the relegation zone. Watford's new manager Nigel Pearson would want same spark from his team as they lock horns with Jose Mourinho's Tottenham Hotspur.
Finally Leicester City would want to over come their last weekend's disappointment against Southampton as they travel to Turf Moor to face Burnley.
On this episode of On the Ball, moneycontrol's Dustin Yarde and Prakhar Sachdeo preview all the big matches of the weekend and give their pick for the Fantasy Premier League.
Jan 17 2020
Rank #7: 1873: In The News podcast | Spike in onion prices; Facebook users at risk; developments at PMC Bank and more
Nov 07 2019
Rank #8: 2055: In The News podcast | Ex-Maruti MD booked in Rs 110 cr scam; Jamal Khashoggi’s killers to be executed; German student sent back over CAA protest
Dec 24 2019
Rank #9: 2063: In The News | Death toll during CAA protests in UP rises to 22; IIT Delhi files for 150 patents; SBI introduces new cash withdrawal scheme and more
Dec 27 2019
Rank #10: 1884: In The News podcast | Infosys intensifies probe in whistleblower case, power tussle in Maharashtra, Ayodhya verdict recap and more
Nov 11 2019
Rank #11: 2002: In The News | Massive protests against CAB; Yes Bank still discussing $1.2 bn bid; India vulnerable to climate change
Dec 10 2019
Rank #12: 1898: In The News podcast | SC dismisses review of Rafale deal, Sabarimala case referred to 7-judge bench; Facebook pulls down 3.2 bn fake profiles
Nov 14 2019
Rank #13: 1973: In The News | Make In India booster; latest on Chandrayaan 2; HDFC Bank's online service glitch and more
Dec 03 2019
Rank #14: 1967: In The News | Costlier pre-paid calls; Tamil Nadu rain havoc and more
Dec 02 2019
Rank #15: 2035: Hot stocks | Three stocks which can give up to 10% return in 3-4 weeks
Nifty closed above the bearish engulfing candlestick pattern which was formed in the first week of December. A failure of a bearish pattern signifies a continuous bullish trend.
Nifty Metal index, on the daily chart, has witnessed a strong breakout of a consolidation zone and looks poised for outperforming the benchmark index in the coming sessions.
Nifty IT has given a fresh break out of its downward falling trendline on a daily interval which indicates a strong surge in prices.
As the market is trading at an all-time high level, the base support for Nifty is inching higher, which is placed at 12,000. This level is supported by a continuation gap on the daily timeframe. A breach of 12,000 on a closing basis will drift Nifty lower towards 11,800 level.
The current bullish momentum could take the index towards 12,360-12,400 which is concluded by the Fibonacci ratios.
Here are three buy calls for the next three-four weeks:
Bharat Forge | Buy | LTP: 495.55 | Target: Rs 541 | Stop loss: Rs 470 | Upside: 9%
After consolidating in a broad range of Rs 440 - 470, the stock has witnessed a breakout above its “Symmetrical Triangle Pattern” on the daily timeline.
On the weekly timeframe, the stock has formed a “Bullish Bat Harmonic Pattern” and is currently trading above its potential reversal zone (PRZ) level.
Moreover, prices are trading above its 21, 50 & 100-day exponential moving averages, which is positive for the counter in the medium-term.
On the weekly chart, the MACD indicator has just gone above zero levels with positive crossover. Since September 2018, Momentum oscillator RSI (14) on the daily chart is reading in a range of 45 – 65 which is a positive range shift and horizontal trendline breakout on a weekly time frame adds positive outlook in the near-term.
Mahanagar Gas | Buy | LTP: Rs 1,066.60 | Target: Rs 1,180 | Stop loss: Rs 1,000 | Upside: 10%
After consolidating in a broad range for almost 18 months within a range of Rs 750 - 1,025, the stock has witnessed a breakout above its “Rectangle Pattern” on the weekly timeline.
On a monthly time frame, relative strength (RS) has shown outperformance compared with the benchmark index Nifty.
Moreover, the stock is trading above its 50, 100 & 200-week exponential moving averages, which is positive for the counter in medium to long-term.
On the weekly chart, the MACD indicator is showing positive vibes and reading above its line of polarity with positive crossover.
Momentum oscillator RSI (14) on the weekly chart is reading in a higher low formation which is above 65 levels with positive crossover on the cards.
Pidilite Industries | Buy | LTP: Rs 1,367 | Target: Rs 1,480 | Stop loss: Rs 1,295 | Upside: 8.50%
The stock is trading in higher high higher low formation on a broader time frame. Currently, the stock has found support near its upward rising trendline and is showing optimism.
Positive crossover in momentum oscillator RSI (14) indicates positive momentum to continue for the time being. Moreover, the stock is trading above its 50, 100 & 200-week exponential moving averages, which is positive for the counter in medium to long-term.
(The author is Technical Analyst at Bonanza Portfolio)
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Dec 19 2019
Rank #16: 1984: MC Special | RBI’s credit policy review raises concerns over economic recovery
Decoding the fine print in this Moneycontrol Special podcast, Editor Santosh Nair discusses the factors that could cause much worry for investors, with Deputy Executive Editor Ravi Krishnan.
Dec 05 2019
Rank #17: 2221: In The News podcast | AAP retains power in Delhi; ED finds software used to siphon off over Rs 12,000 cr; DGCA suspends pilot and more
Feb 11 2020
Rank #18: 1914: Moneycontrol PF podcast | The art and science of fund management
Nov 19 2019
Rank #19: 2103: In The News | Foreign envoys' visit Kashmir; Yashwant Sinha’s anti-CAA yatra; Megxit and more
Jan 09 2020