Happy New Year.
Globus Spirit is in strong uptrend and if you invest now, you have better scope for short term uptrend as well as long term gains.
After listing at strong premium, the scrip is expected to show weak trend for some time
initially, the scrip will show down trend.
We witnessed sharp fall at Reliance counter. The scrip tried to rise on Wednesday. However, we at this juncture, cannot say whether, it will consistently show uptrend and will continue erosion in value. The market-gossip about Mukesh Ambani health has affected the sentiment for this scrip.
So not clear about the trend as of now. Clarity will emerge in a day or two.
Alok is expected to show weakness.
In the short term , Godrej Agrovet is expected to show weak trend. However for the long term investors, the scrip has bright future and you can retain the same.
Subex Azure now at RS. 17 is just nearer to its top. So some profit booking is suggested. When such small cap stock is nearer to its top, it may show last jump of Rs. 3 or slide sharply. So to take advantage of both situation, start profit booking in instalments.
Nifty Bees is nothing but reflection of Nifty. The ratio in which Nifty grows is reflected in Nifty Bees. So good to invest in Nifty bees. However if you select some scheme focused on Large caps, then it will give higher return than Nifty. So Large cap focused schemes will be better for normal investors.
US election result may not be known for days after November 3 due to its peculiar nature. However if one side receives huge majority then the results will be know on 4th Nov. ..
In the short run , the markets world over are expected to remain weak and all IT stocks including TCS are expected to show weak trend . So chances of Rs. 3000 in next few weeks are very low.Chances of decline are high.
In the short run, for few sessions, the market is expected to remain and most of the FMCG stocks eg Britannia, HUL, Marico are also expected to remain downward for few sessions. Wait for few more days and you will be able to buy at lower price.