Nifty forms long-legged Doji, must top 9,800 to resume rally; How far can Nifty really plunge?

ET Markets Daily Brief | Fri, Aug 11, 2017 | 05:50 PM IST Follow ET Markets

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Tech view: Nifty forms long-legged Doji; must top 9,800 to resume rally Traders should take a calculated risk till the Nifty50 does not cross any immediate hurdle. ETMarket After Hours: 210 stocks hit 52-week lows, less pain in broader market The big global selloff that engulfed the entire market pushed Nifty to a four-week low in intraday trade. Bottom fishing, anyone? As market tanks, these are the stocks you can grab Experts say the second half of this calendar may not be as good for D-Street as was the first half.

Interview One to One In 1 to 2 months, you could even see levels closer to 9,000: Sanjiv Bhasin, India Infoline.... Sanjiv Bhasin , India Infoline

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Market Watch 11 Aug | 05:50PM| SENSEX NIFTY USD/INR GOLD 31213.59 ↓-317.74 9710.80 ↓-109.45 64.14 ↑0.05 29217.00 ↑41.00

Gainers Losers 11 Aug, 2017, 05:50PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Cochin Shipyard Ltd. 522.00 20.83 3245290 522.00 435.00 Karnavati Finance Ltd. 25.75 19.77 18074 25.80 21.00 63 Moons Technologies Ltd. 64.45 18.37 314438 65.30 56.00

Tweet of the day... Cochin Shipyard rallies over 20% on D-Street debut

FROM THE NEWSPAPER

People who do not change fall by the wayside, says Singhania Jr Gautam Singhania said he has completely transformed the company in every aspect. SBI posts 20.44% standalone fall in profit: 8 key takeaways from Q1 results The bank reported 3-fold rise in consolidated profit with improvement in financial ratios. 9,000? 9,350? 9,400? How far can the Nifty50 really plunge? Experts said a correction in stock prices was long overdue after a 20% runup so far in 2017. Sensex, Nifty crack over 1% each; all sectoral indices trade in red SBI reported a 20.44% fall in net profit for the quarter ended June 30, 2017. Cipla Q1 net profit jumps 24% to Rs 425 crore; beats Street estimates Analysts in an ETNow poll had predicted a profit of Rs 288 crore for the quarter.

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