Mileen Vasudeo of Arihant Capital Markets says that with Bank Nifty, it is now showing signs of weakness. Now this week Bank Nifty has nearly closed below the 50-day SMA which is a sign of weakness and the 50-day SMA is at 44821.

Two stock recommendations by Mileen Vasudeo

According to Mileen Vasudeo of Arihant Capital Markets, Nifty is expected to cross its initial resistance level of 18,650 and reach its prior all-time high soon, with the possibility of further gain. Bank Nifty is also likely to see a fresh all-time high and extend its gains towards 44,500 to 44,800…

2 top stock recommendations from Mileen Vasudeo

Arihant Capital Markets expert Mileen Vasudeo predicts that the Nifty will hit a target of around 18,800, and could go beyond that to 19,000. She also expects Bank Nifty to approach levels of 43,700 to 44,200. While IT showed a rebound on Friday, Vasudeo notes that it is currently in a downtrend and…

Nifty can move beyond prior highs to scale 19,000: Mileen Vasudeo.

Arihant Capital Markets has settled with Sebi a case pertaining to alleged violation of broker and intermediaries norms.

Arihant Capital settle case with Sebi, pays Rs 17 lakh as settlement charge

Arihant Capital Markets’ Mileen Vasudeo, predicts that the Nifty index will slowly and steadily move towards its 200-day moving average line, which currently sits at 17,540 levels. The gap area of 17,204 to 16,940 levels will act as strong support for the market, but further confirmation is needed f…

Arihant Capital’s Mileen Vasudeo on 2 stocks to bet on now

Shree Ganesh Remedies Ltd Partly Paidup, AAA Technologies Ltd, Arihant Capital Markets Ltd and MRC Agrotech Ltd are among the other losers in the BSE’s ‘B’ group today, 21 March 2023.

CHD Chemicals Ltd leads losers in ‘B’ group

Inox Green Energy IPO had received ‘subscribe’ ratings from brokerages such as Arihant Capital Markets, Ventura Securities, Hem Securities and KR Choksey Shares & Securities

Inox Green Energy makes poor market debut, lists at 7% discount to issue price

Arihant Capital Markets Ltd has lost 8.6% over last one month compared to 1.71% fall in S&P BSE Financial Services index and 0.09% rise in the SENSEX

Arihant Capital Markets Ltd Spurts 4.01%

Mayor Pushyamitra Bhargav will attend the awards ceremony as chief guest.

Indore: ‘I Believe Business Awards’ to be presented by Arihant Capital Markets today

Arihant Capital Markets consolidated net profit declines 37.39% in the June 2022 quarter

Three companies namely Adcon Capital Services, Arihant Capital Markets and Aurum Proptech will see stock splits. In the case of Adcon Capital Services, the scrip will be split to face value of Re 1 from Rs 10; for Arihant Capital Markets, the stock of face value of Rs 10 will be split into shares of…

Corporate actions today: 3 stock splits, 1 rights issue, 1 bonus issue & more

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Arihant Capital Markets provides equity, commodity and currency broking services, merchant banking services, distribution of financial products, financial planning, and depository services through its approximately 610 investment centers.

Arihant Capital Markets Ltd