Sebi has barred finfluencer Avadhut Sathe and his trading academy from markets, alleging they ran an unregistered advisory scheme that misled over three lakh investors and earned unlawful gains
The Nifty SmallCap index witnessed a 'Golden Crossover' on four occasions thus far in the past, with each resulting into a gain; historical chart shows a massive 110% rally post August 2020 breakout.
The Nifty MidCap index can slip another 4%, or extend the fall towards 19,600; hints the technical chart. The SmallCap index is yet to confirm a downside breakout.
FIIs net sold stocks and futures worth ₹6,668.28 crore on Tuesday. Open positions declined by 15%, and long-short ratio in index futures dropped to 0.6 in last three trading days, shows NSE F&O data.
Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.
One out of every 10 NSE 500 stocks has rallied over 50% so far in 2024. Here's a technical outlook on select stocks which are trading with bullish bias.
Stevenson does a creditable job of explaining just what the desk does: Essentially, traders use "swaps" to bet on the direction of interest rates in multiple currencies
Over half of the Nifty 500 stocks are trading below 200-DMA, this points to a weak strength. Market breadth needs to improve if further highs are to be set
While the stock of max Financial Services has confirmed a major range breakout above 850-mark, the stock of IRCTC is in oversold zone, says Mehul Kothari of Anand Rathi
According to the technical analyst from Anand Rathi, HDFC Bank is trading near multiple support area, hence the probability of the stock resuming its uptrend is high.
Similar to Aptus Value Housing Finance's stock, ABFRL confirmed a major breakout from the falling trend line formed by joining two prominent swing highs
