Home Business Friends, buy on declines would be the prudent strategy as possibility of...

Friends, buy on declines would be the prudent strategy as possibility of profit booking at higher levels cannot be ruled out which would offer incremental buying opportunity to ride next leg of up move….

Dear Trader… On Friday, the stock market indices staged a smart recovery as the rally was led by private sector Healthcare, Utilities, AUTO and Power stocks. The Sensex closed 28 points higher at 48,832, still short of its psychological 50,000 levels. This is commendable since the index had touched a day-low of 48,694 after India reported a record spike of over 2 lakh cases on Friday. Key gauges started the

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.