SENSEX: 73806.15 60.80

NIFTY: 22378.40 39.65

Chat with Hemen Kapadia on 05th September 2023

hemenkapadia: good afternoon everybody

rishi_1964: Hi Sir, What is your view on Nifty

hemenkapadia: nifty has come close to its resistance level of 19584 so some resistance ca be expected and maybe a small period of nifty seems a bit better placed but needs to close above 44800 to appreciate further.

rishi_1964: It is right time to invest in Pharma sector?

hemenkapadia: the pharma index is looking promising so can invest selectively or go for a pharma specific mutual funs

rishi_1964: View on TCS, Tata Power?

hemenkapadia: tcs has been rangound for the past 6 weeks or so but now the bias is turning positive. tata power is in a short and medium term uptrend and looks quite good from a longer term point of view, especially on declines.

a033208: view on Parag milk

hemenkapadia: has gone up one way so a correction cannot be ruled out but the bigger picture still remain technically positive indicating the potential for a further upside.

WaeibxwHmI: Hello Heman Sir, Do you have paid service to suggest swing stocks?

hemenkapadia: hello, sadly, dont have such a service.

hemenkapadia: ok folks, got to rush, happy investing, dont forget to keep a stoploss and ciao until next week.

Market Action


S&P BSE Auto48008.70-58.48
S&P BSE BANKEX53731.3919.58
NIFTY BANK47297.50-11.40
S&P BSE Capital Goods59155.01-33.65
S&P BSE Consumer Durables52858.24-79.71
S&P BSE FMCG19621.2017.88
S&P BSE Healthcare34960.51-26.78
S&P BSE IT38288.61-73.32
S&P BSE Metals28299.21216.06
S&P BSE Oil and Gas28348.64-12.91
S&P BSE PSU18814.234.78
S&P BSE TECk16926.23-26.10
S&P BSE Smallcap45852.4829.90
S&P BSE Midcap39962.5923.31
Nifty MID100 Free49153.1038.30



How are the markets looking?

Hemen Kapadia, Technical Analyst

Day - 5th Mar. 2024
Time - 13.00hrs

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