No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 5, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

stock picks: Traders advised to stay light amid market uncertainty: Sneha Seth

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 3 mins read
A A
stock picks: Traders advised to stay light amid market uncertainty: Sneha Seth
Share on FacebookShare on TwitterShare on LInkedIn


“If Nifty continues to correct or stays below say 22,000 mark on closing basis, there are chances that we may see further correction at least towards 21,400, 21,500 zone so that is very much possible for now,” says Sneha Seth, Angel One.22,000 broken on Nifty 50, help us understand what is next?Sneha Seth: Understanding is little bit difficult at this point in time but yes, if we look at the market, the correction what we have seen in last two session and especially IVs, it is above 20, after a long time we are seeing IV surging in a single day to 20 from 13, so that is not giving us the comfort, but at this point in time I would say it is the time wherein traders need to be very light, be very selective, in fact they should avoid any aggressive bets in this kind of a market. If Nifty continues to correct or stays below say 22,000 mark on closing basis, there are chances that we may see further correction at least towards 21,400, 21,500 zone so that is very much possible for now.

So, at present stay light in index. Banking index which was supporting or which was still managing to stay at the high level has also taken a beating today. So, looking at the overall market condition, IVs, FIIs wherein they were buying initially and now we are seeing in April series they have been adding short positions in index futures wherein the long-shot ratio was around 40 which has come back to 29 on Friday and maybe today we may see this ratio coming down further from here.

So, at this point in time stay light in index, it is a good opportunity for investors wherein for a long-term perspective if someone wants to go and take a fresh bets, then there are many counters which are trading at a 20-30% cut from the higher level so that should be the focus, but yes, for a short-term trader stay light, avoid trading.

Live Events

You mentioned an interesting point about Nifty Bank. I was coming to you for that. Nifty Bank that has been outperforming and that has actually lended support to the market, even that has succumbed to selling pressure today. But going ahead should you see some bit of a breather or a reversal coming in, is Nifty Banks likely to lead and what are the levels to watch out on Nifty Bank then?Sneha Seth: Banking index I believe the support zone is around 48,000 so that is a major support zone which it has been respecting so far and for now I believe any up move at least above 50,700, 50,800 would be interesting, then only we may see some buying coming in and at least an up move beyond that 52,000 mark that could be very interesting, but for now there are chances that banking index can consolidate wherein on the lower side I believe 48,000 should be acting as a support, on the higher side there would be a resistance around 50,500, so that would be the range for banking index. In case of any follow-up buying above the resistance zone, that would be very interesting and that would support Nifty as well.Help us understand that which are the stocks that you are eyeing at this point in time and are you looking for some fresh shots at this point in time or would you like to buy some of the dips?Sneha Seth: So, I would be very selective, as I said that you need to be very selective and trade very light for now, I would select one stock which is a buy again, that would be Godrej Consumer Product. This counter has given a strong move. Despite such a correction in market it has been holding on, trading in a green today, that is the best thing about this counter for now. Looking at the chart structure, there is a resistance placed around 1180 zone, but looking at the chart structure, the volumes what we have seen recently there are chances this counter can surpass those level, so I would suggest going ahead and doing a long position in this counter, keep a strict stop loss around 1124 and the target expected will be around 1220.



Source link

Tags: advisedLightmarketpicksSethSnehaStaystockTradersUncertainty
ShareTweetShare
Previous Post

Australian opposition dumps Trump-style return to office policy

Next Post

2025 State-Level Tax Changes   

Related Posts

edit post
Shekel strengthens as hope for Gaza deal rises

Shekel strengthens as hope for Gaza deal rises

by TheAdviserMagazine
October 5, 2025
0

The shekel has strengthened against both the US dollar and the euro following President Trump's post on the prospects of...

edit post
During a White House meeting, Hakeem Jeffries spotted a ‘Trump 2028’ hat and asked JD Vance ‘Hey, bro, you got a problem with this?’

During a White House meeting, Hakeem Jeffries spotted a ‘Trump 2028’ hat and asked JD Vance ‘Hey, bro, you got a problem with this?’

by TheAdviserMagazine
October 4, 2025
0

“Trump 2028,” they said, situated across from the seated lawmakers, Vice President JD Vance and several untouched Diet Cokes. House Democratic leader...

edit post
Stellantis said to plan  billion in U.S. turnaround investments

Stellantis said to plan $10 billion in U.S. turnaround investments

by TheAdviserMagazine
October 4, 2025
0

Stellantis NV is planning to invest about $10 billion in the US as the troubled maker of Jeep sport utility...

edit post
Trump to federalize 300 members of the Illinois National Guard ahead of expected deployment to Democratic state

Trump to federalize 300 members of the Illinois National Guard ahead of expected deployment to Democratic state

by TheAdviserMagazine
October 4, 2025
0

The Trump administration plans to federalize 300 members of the Illinois National Guard, Democratic Gov. JB Pritzker said Saturday. Pritzker...

edit post
Spot crypto ETFs outperform trusts and strategy funds (BTC-USD:Cryptocurrency)

Spot crypto ETFs outperform trusts and strategy funds (BTC-USD:Cryptocurrency)

by TheAdviserMagazine
October 4, 2025
0

Chinnapong/iStock Editorial via Getty ImagesInvestors seeking bitcoin or ether exposure without directly holding coins now have three main choices: crypto...

edit post
If you’re not an AI startup, good luck raising money from VCs

If you’re not an AI startup, good luck raising money from VCs

by TheAdviserMagazine
October 4, 2025
0

Image Credits:Getty Images New PitchBook data illustrates how dramatically AI is dominating startup investment, with 2025 on-track to become the...

Next Post
edit post
2025 State-Level Tax Changes   

2025 State-Level Tax Changes   

edit post
US market slide shakes shekel

US market slide shakes shekel

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Shekel strengthens as hope for Gaza deal rises

Shekel strengthens as hope for Gaza deal rises

0
edit post
Dave Ramsey on X: 3 Simple Steps to Tackle Debt Even With a Small Paycheck

Dave Ramsey on X: 3 Simple Steps to Tackle Debt Even With a Small Paycheck

0
edit post
Global demand for US master’s degrees plunges by 60%

Global demand for US master’s degrees plunges by 60%

0
edit post
First Circuit Rules Trump’s Birthright Citizenship Executive Order is Unconstitutional

First Circuit Rules Trump’s Birthright Citizenship Executive Order is Unconstitutional

0
edit post
What You Need To Know Ahead of Tesla’s Earnings Release

What You Need To Know Ahead of Tesla’s Earnings Release

0
edit post
The Economics of AI: Dispelling Fears and Embracing Entrepreneurship

The Economics of AI: Dispelling Fears and Embracing Entrepreneurship

0
edit post
Shekel strengthens as hope for Gaza deal rises

Shekel strengthens as hope for Gaza deal rises

October 5, 2025
edit post
Key Price Breakout Sets Dogecoin On 153% To Clear alt=

Key Price Breakout Sets Dogecoin On 153% To Clear $0.65 In Quick Succession

October 4, 2025
edit post
Robert Kiyosaki Wants to Vomit as Buffett Words Signal Crash Ahead, Doubles Down on Bitcoin

Robert Kiyosaki Wants to Vomit as Buffett Words Signal Crash Ahead, Doubles Down on Bitcoin

October 4, 2025
edit post
During a White House meeting, Hakeem Jeffries spotted a ‘Trump 2028’ hat and asked JD Vance ‘Hey, bro, you got a problem with this?’

During a White House meeting, Hakeem Jeffries spotted a ‘Trump 2028’ hat and asked JD Vance ‘Hey, bro, you got a problem with this?’

October 4, 2025
edit post
Stellantis said to plan  billion in U.S. turnaround investments

Stellantis said to plan $10 billion in U.S. turnaround investments

October 4, 2025
edit post
Stablecoin Yield Means Banks Must Now offer Customers Real Interest

Stablecoin Yield Means Banks Must Now offer Customers Real Interest

October 4, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Shekel strengthens as hope for Gaza deal rises
  • Key Price Breakout Sets Dogecoin On 153% To Clear $0.65 In Quick Succession
  • Robert Kiyosaki Wants to Vomit as Buffett Words Signal Crash Ahead, Doubles Down on Bitcoin
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.