FIIs cover short bets as markets rebound, but stay waryOverseas investors reduced bearish derivative bets on India to their lowest since the West Asia conflict, as a market rebound prompted shor...
ETMarkets Smart Talk | FY26 a year of consolidation, not breakdown; global stability key for revival in FY27: Somil MehtaIndian markets experienced consolidation in FY26 due to global headwinds, but underlying economic strength remains. FY27 revival hinges on ...
Long-term patience along with discipline, not ‘multi-bagger hunting’, builds real wealth: Somil MehtaSomil Mehta of Mirae Asset Sharekhan emphasizes that sustainable wealth creation hinges on discipline and patience, not impulsive bets. He ...
Nifty at crossroads: Somil Mehta on why 23,000 is the line that cannot breakIndian equity markets are poised for a short-term bounce from the 23,000 Nifty 50 level. Technical analysts anticipate a recovery towards 2...
Nifty & Bank Nifty positive in medium, short-term; buy on dips: Somil MehtaSomil Mehta from Mirae Asset Sharekhan forecasts a continued uptrend for Nifty and Bank Nifty, setting immediate targets at 24,500 and 56,0...
- Wait and watch for Suzlon: Somil Mehta
Suzlon has broken out of a very huge consolidation range and the volumes are coming in, the momentum indicators has given buy signals, star...
- Sell OMCs' stocks: Somil Mehta
These stocks have been firming triangular patterns and flat patterns where a consolidation phase is going on and this consolidation phase w...
- GMR, Lanco good bets in infra space: Sharekhan
GMR Infra, Lanco both have had a good correction and are looking good.
- Buy Motherson Sumi: Somil Mehta
It has been consolidating now and it has been forming a triangular pattern so I am expecting a breakout on the upside.
- Bearish on M&M: Somil Mehta
Rs 670-Rs 680 would be the right time to again get into the stock but overall right now it is looking negative in the short term.
- Exit Shoppers Stop: Somil Mehta
"Shoppers Stop is looking a little weak in trade."
- Buy Pantaloon Retail; target 550: Somil Mehta
"Pantaloon Retail, a little bit of upside is still left and 550 would be a target in the medium term with a stop loss of 460."
- Buy Alstom Power; target 820: Somil Mehta
"Alstom Power is trading in a channel pattern. It is taking support at the lower end of the channel and keeping its momentum strong on the ...
- Buy L&T for target of Rs 2,250, stop loss Rs 1,870: Sharekhan
It has formed an ABC pattern and it has completed, which is a corrective pattern and it has started its rally on the upside and it is movin...
- Buy Vishal Retail; target 68: Somil Mehta
"Our medium term perspective is extremely positive and I have a target of at least 68 with a stop loss of 52."
- Buy ONGC; target 1600: Somil Mehta
"ONGC, all the oil companies actually, BPCL, HPCL, ONGC, Essar Oil, have started a new cycle on the upside and it is making a higher top hi...
- Buy Kale Consultants for target of Rs 185: Sharekhan
It has broken out a triangular pattern but it is the last leg for this stock on the weekly charts and Rs 185 would be a target on a medium-...