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Nandish Shah is a technical research analyst at HDFC Securities. He has 15 years of experience in financial markets.
Nandish Shah is a technical research analyst at HDFC Securities. He has 15 years of experience in financial markets.
Jubilant FoodWork's stock price is forming bullish higher top, higher bottom formation on the weekly and monthly charts
The stock price of Bajaj Finance has broken out on the daily chart by surpassing the resistance level of 5800 with higher volumes
The stock price has already broken out from the downward slopping trendline on the daily chart
Stock price has broken out from the downward slopping trendline on the daily chart by adjoining the highs of April 30 and May 7, 2021
The stock's primary trend is positive where it is trading above all important moving averages
The short term trend is positive where the stock is trading above its 5-, 20- and 50-day EMA
The short-term trend of the stock turned positive as stock price closed above its 5-day EMA, first time after 07-April 2021
The short-term trend of the stock is positive as stock price is trading above its 5 and 10-day EMA
The stock price has already given bullish breakout from the downward slopping trendline adjoining the highs of 08-Dec-2020 and 12-Jan-2021
The stock price has broken out on the daily line chart where it closed at highest level since March 12 with higher volumes
Oscillators like RSI and MFI have broken out from the downward slopping trendline, indicating strength in Nifty's current rally
Short build-up was seen in the Maruti Futures' where we have seen 69 per cent (prov) rise in the Open Interest with price falling by 4 per cent
The stock price of IOC has broken out on the daily chart (Adjusted for dividend) where it closed at highest level since March 2020 with higher volumes
The stock price of Tata Power has witnessed running correction of 10 per cent from the recent high and has reached to a support level which, HDFC Securities believes, is a good buying opportunity
Short term trend of the stock has turned positive where the stock price is trading above all important short-term moving averages
The stock price has already broken out on the daily chart on 6th January. Moreover, insurance as a sector is showing strength on the chart
Short covering was seen in the Divi's Lab Futures' where we have seen 1 per cent fall in the Open Interest with price rising by 3 per cent
The stock price of Tata Consumer has broken out on the daily chart with higher volumes where it closed at all time high level.
Primary trend of the Bharat Forge stock is positive where its price is trading above all important moving averages
The stock price has broken down on the daily chart with higher volumes where it closed at the lowest level since 03 November