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Here's why Subash Gangadharan is bullish on Hikal, Gujarat Gas

The technical & derivative analyst from HDFC Securities expects weakness in Nifty to continue

Subash Gangadharan Mumbai
Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis
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Weakess to continue On the daily chart, we can see that the Nifty remains in a downtrend after breaking down from its recent trading range and despite the bounce back seen on Tuesday. The 20-day SMA is also sloping down and on the verge of crossing below the 50-day SMA. Weekly momentum readings like the 14-week RSI are in decline mode.
Or

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Gujarat Gas

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y
  • MAX

First Published: Nov 24 2021 | 7:55 AM IST

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