On Anil Singhvi’s show, Know which stock Rakesh Bansal and Kunal Saraogi recommended

Rakesh Bansal says that Delta Corp is seeing a big breakout today and there is a recommendation of going overweight on the stock.

Kunal Saraogi said that Delta Corp has given an extremely strong breakout over Rs 173. The stock is ready to break Rs 200 levels soon. The stock should be bought with stop loss of Rs 176 and first target of Rs 190 and then Rs 197.  

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Abhishek Chinchalkar, CMT Charterholder and Head of Education, FYERS said that Nifty has shown indecisiveness over the last few sessions, as the index has formed a sequence of lower lows and higher highs, a sign of tussle between bulls and bears. With the earnings season behind and nothing much lined up on the data front domestically, Indian markets this week have taken cues from their global peers.
 

जानिए SPECIAL PICK के तौर पर राकेश बंसल- कुणाल सरावगी ने किस शेयर को चुना खरीदारी के लिए और क्यों?#SpecialPicks @AnilSinghvi_ @iamrakeshbansal @kunalsaraogi pic.twitter.com/jsEHsKcq8a

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Over the last couple of days, volatility in the global markets has resurfaced. NASDAQ and S&P 500 index have both broken below their 1 year trend line, US 10-year yield has climbed back above 1.5%, Dollar Index has risen above the 100-day moving average for the first time in 8 months, while metal prices have plunged over the last 2-3 sessions. Furthermore, Brent oil has continued its upward journey to near $68/barrel, which is another sign of worry.
 
These cross-market developments indicate that domestic markets could witness volatility in the short-term. Hence, one needs to implement a cautious stance going forward. Technically, 15000 is an immediate level to watch out for, which was defended quite well yesterday by the bulls. If Nifty fails to reclaim this level, the sell-off could extend towards 14850/14780.