The capital market regulator, in its January 2 order, barred both Parekh and Singapore-based Rohit Salgaocar, who was a consultant to Capital Group.
Select stocks gain momentum even in volatile markets.
Biocon Ltd has broken out of the Symmetrical Triangle formation on daily charts, suggesting a potential rise in stock price. Experts advise short-term traders to buy the stock for a target of Rs 403-436. The stock recently reclaimed crucial moving averages and is currently trading above most short- and long-term moving averages, indicating a bullish trend.
As the Q3 earning season kicks off, investors with exposure to mid-cap stocks need to focus on a couple of things. One, how is the street treating disappointments? If the reaction is limited to the stock concerned and does not sustain beyond one or two trading sessions, take it as a bullish sign. If, on the other hand, disappointment with one stock leads the street to punish the whole sector, it suggests there are more institutional investors waiting to sell. In such a case, expect a correction. So... Читать дальше...
