“One day we see a gap up and another day we see a gap down. So, market is directionless and choppy. So, in such kind of a market, fmcg space and pharma space is doing pretty well, so I like that space,” says Aditya Arora, Adlytick.This has been a very difficult last one, one-and-a-half month. … Read more
“And we are now standing at 50-day moving average, which comes at 23,850 and we made the low around those levels 23,900 on Nifty futures, so that is the important support for the market. It is very difficult to conclude whether markets will go up or down because it is a news driven environment,” says … Read more
“So, we will wait for a breakout or breakdown for market to decide in which direction it could trend for more 1% to 3%, but right now if we have a level based approach, then on Nifty if it breaks 24,700, then the view is negative and if on the upside Nifty breaks 25,050, then … Read more
“Somewhere down the line correction could come and it could take prices lower than the buying price, so that is the pocket of euphoria in the medium term,” says Aditya Arora, Adlytick.Your call on the market right now, especially Nifty, Bank Nifty and also smallcap, midcap indices just for the flavour I want to understand, … Read more
“FIIs have strong buy position in the market and they are not unwinding the position as of yesterday. So, data-wise technically also market looks neutral to bullish on Nifty and Bank Nifty both,” says Aditya Arora, Adlytick. 100 points of gain yet again that we are seeing on the market. Market is trading at an … Read more
“Important support for Nifty Small Cap Index is 18,000 and 17,800 to 18,000 is the important demand level for Small Cap Index,” says Aditya Arora, Adlytick.How did you read the opening and the recovery thereabout today both Nifty Bank Nifty and which is largecap universe as well as the smallcap and midcap universe?Aditya Arora: The … Read more
“Risk-reward is pretty favourable and if you look at market leaders like Col-Pal they are trading at 52-week highs, so they are already setting the trajectory for other FMCG peers to follow,” says Aditya Arora, Adlytick Help us understand this move that we have been seeing in the FMCG pack over the last couple of … Read more
“21,900 could act as resistance for the market and we can see some correction going forward,” says Aditya Arora, Adlytick.in. In terms of markets, yes, today it seems like 21,900 is that mark that everyone is keeping an eye out on right now. What are you seeing in terms of the markets both the benchmark … Read more
