)
Rex Harrison Cano has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and a proficient technical analyst, Rex believes that charts and numbers come to life to tell stories of past and possible future journeys.
Rex Harrison Cano has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and a proficient technical analyst, Rex believes that charts and numbers come to life to tell stories of past and possible future journeys.
IDFC, Vedanta and oil marketing stocks among top dividend yield NSE 500 companies; Technical charts suggest up to 14% upside for these stocks; track these key levels.
Derivatives market update: In the last 4 trading sessions, the Nifty and Bank Nifty, both, have witnessed short-covering as prices rose on the back of 20% and 16% decline in open interest.
New-age stocks have zoomed up to 80% from Election Result day lows. Charts suggest PolicyBazaar, Paytm, Nykaa and Delhivery can rally another 12%; while Zomato and CarTrade may dip going ahead.
Derivatives market update: FIIs reduced longs in index futures marginally on Monday; their index long-short ratio stands at 1:1. Retail traders up long bets.
Stocks like PC Jeweller, TBZ, Kalyan Jewellers and Senco Gold can potentially rally up to 27% from current levels, suggest technical charts.
In general stocks trading above the key moving averages such as the 20-, 50-, 100- and 200-DMAs are considered trading with a bullish bias and vice versa.
All you need to know before the market opens on Monday: GIFT Nifty hints at 100 pts gap-up; Experts see Nifty rising to 24,700-25,000 levels. FIIs index long-short ratio at 1:1; 17 stocks in F&O ban.
Hopes of US rate cut triggers global stock market rally: The BSE Sensex rallies past the 80,000 mark, and the NSE Nifty surges atop 24,500 led by strong gains in IT and private bank shares on Friday.
Stocks with long buildup in August series: Key levels to track on Voltas, Naukri and Laurus Labs as these stocks could potentially gain up to 9 per cent from present levels.
All you need to know before market opens on Friday: Stronger US economic data has fueled bets on Sept rate cut; Back home, FIIs net sales near Rs 30,000 cr in Aug; 19 stocks in F&O ban period today.
All you need to know before the market opens on Wednesday: The US market rose as cooler inflation raised September rate cut bets. FIIs long-short ratio in index futures dipped below 1 after two months
MSCI India August rejig: 7 stocks to be included in the India Index, HDFC Bank weightage to increase in 2 tranches; Bandhan Bank on its way out.
All you need to know before market opens on Tues: Global stocks (India, US, Japan) set to react to inflation data; Experts recommended trading strategy for Nifty, Bank Nifty here; 15 stocks in F&O ban
It's more of a stock specific market rather than sectors now, says Kranthi Bathini, Director-Equity of WealthMills Securities
IIFL group stocks such as 360 One WAM, IIFL Finance and IIFL Securities plunged up to 5 per cent in Monday's initial trade, but soon recouped losses. Here are the key levels to track.
As the Hindenburg saga resurfaces, here's a technical check on Gautam Adani-led Group stocks for the likely trend ahead.
All you need to know before market opens on Monday: GIFT Nifty hints at a marginal dip in the aftermath of Hindenburg attack; FIIs remain net long in index futures; 15 stocks in F&O ban period today.
Here are 10 penny stocks, trading in the range of Rs 6 - Rs 20, with a potential upside of up to 75%, based on the existing technical chart patterns.
The overall bias for RVNL stock is likely to remain positive as long as the stock holds above Rs 490 levels; however, current momentum hints at likely 9 per cent downside risk at the counter.
All you need to know before the market opens on Friday: The US market rallied up to 3% last night after jobless claims dropped more than expected, soothing fears of a recession; FIIs continue to sell.