BL Research Bureau
Business Line
Contact BL
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Past articles by BL:
Nifty Prediction – March 14, 2023: Go short now
Nifty 50 and Sensex are trading flat. Broadly the sentiment is negative. So, any rise during the day is likely to get selling pressure at higher levels. As such, the benchmark indices are likely to fall further from here. Nifty 50 (17,139) has room to test 17,000-16,850. The region between 17,000 and 16,850 is an important support zone. The chances of a bounce back from this support zone cannot… → Read More
Expedia: Why investors can accumulate this stock
Trading at $98.29 per share, this stock is a hidden gem for long-term investors → Read More
Jana Small Finance Bank deposits offer higher interest: Should you invest?
Deposit rates have been increased recently in the 500-days and ‘more than 2 years to 3 years’ tenors → Read More
NCDEX-Guar seed: Go short now and at ₹5,750
Outlook turns bearish with the futures contract breaching a key support → Read More
F&O Query: Should I hold Nifty call option?
Price action indicates that the index could trade sideways → Read More
Should you go for latest LIC policy revival scheme?
The window for revival is open till March 24, 2023 → Read More
Should you subscribe to Sovereign Gold Bonds?
The issue price is fixed at ₹5,611 per gram of gold. Those who apply online will get a discount of ₹50 per gram and thus, the cost will be ₹5,561. → Read More
Global 360: Can rupee strengthen further?
Near-term outlook is mixed for the dollar Rupee has room to strengthen further → Read More
Nifty’s outlook for March 3, 2023: Go long now, and at 17,580
Nifty 50 March Futures (17,605) Nifty 50 and Sensex has risen back sharply and are trading strong today. The downside pressure is getting eased. The strong rise in the Dow Jones Industrial Average overnight has aided the Indian benchmark indices to move up well today. Both the Sensex and Nifty 50 are up over a per cent. Nifty is at 17,512 and Sensex 59,543. Nifty has risen well above 17,400. If… → Read More
Today’s Pick: NTPC (₹172.35): BUY
The short-term outlook for the stock of NTPC is bullish. The stock has moved up very well over the last two weeks. Cluster of supports are in the ₹170-₹167 region. A fall below ₹167 is less likely. Dips to ₹170 is likely to see fresh buyers coming into the market and limit the downside. Immediate resistance is at ₹176. A strong break above it can take the NTPC share price up to ₹185 over the… → Read More
Why SBI Savings is a safe fund for short and medium term
The scheme has delivered consistent performance over the past nearly 19 years → Read More
LIC’s investment in Adani Group: Went up the stairs and came down the elevator
Adani-Hindenburg row: The ₹26,000-crore of gains that LIC was touting a few weeks back has been nearly washed out → Read More
Weekly Rupee View: Sideways trend set to stay
However, the FOMC meeting minutes might trigger some movement → Read More
PVR-Inox merger record date today: what are the implications for investors?
Long-term benefits should outweigh short-term considerations → Read More
Nifty Prediction – February 17, 2023: Go long on dips at 17,910
Sensex and Nifty 50 are trading lower taking cues from the fall the global equities. Both the indices are down about 0.2 per cent each. However, the Indian benchmark indices are trying to bounce back from their lows. This signals the presence of fresh buyers at lower levels. Nifty at 18,003 has bounced back well from the low of 17,928. Strong support is at 17,900-17,880. As long as the Nifty… → Read More
Natural gas: Downtrend losing momentum
Natural gas futures contract has entered consolidation phase → Read More
Today’s Nifty prediction — February 16, 2023: Go long now and at 18,110
Sensex and Nifty 50 are trading strong. Both indices are up about 0.6 per cent each. Sensex is trading at 61,658 and Nifty at 18,126. The near-term outlook is bullish. Nifty can now test 18,200. A strong break and a decisive close above 18,200 will strengthen the bullish momentum. Such a break will pave way for a sustained rally going forward. Nifty will come under pressure only if it declines… → Read More
Today’s Pick: Cummins India (₹1630): BUY
The stock of Cummins India confirmed an ascending triangle pattern last week. While this pattern indicates bullish continuation struggled a bit to breach ₹1,615 for the past few weeks. However, on Wednesday, it gathered enough strength and broke out of ₹1,615. Thus, Cummins India can be considered for fresh long positions, especially for intraday on Thursday. So, traders can go long in this… → Read More
Day Trading Guide for February 16, 2023
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI → Read More
Sell lead futures
Over the past month, the lead futures on the Multi Commodity Exchange (MCX) have seen a decline. The February futures closed at ₹185 yesterday compared to ₹192 a month ago, losing 3.6 per cent which is considerable given that this metal has been trading with very low volatility for more than a year. We expect the contract to fall further from here. The nearest support is at ₹180 with the… → Read More