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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.
Market outlook for the week Aug 26 - 30: The Nifty needs to clear resistance at 24,971, and Sensex at 81,750 for further gains. Here are the key support levels to watch out the NSE, BSE benchmarks.
Derivative market update for Monday, Aug 26: FIIs and retail traders index futures long-short ratio stands at 1.1:1; indicating more than 1 long bet for every short trade; 13 stocks in F&O ban today.
A total of 19 stocks have declined over 20% thus far in the calendar year 2024, even as the Sensex and Nifty have rallied up to 14%; here are the key levels to watch out on these 6 stocks.
Derivatives market update for Friday, August 23: Analysts suggest Nifty options market reflects a bearish sentiment, with increased Call writing vs. Puts, as the index nears major hurdles.
Key levels to watch out on PCBL, Deepak Fertilisers: PCBL can rally another 21% from here on; while Deepak Fertilisers is seen testing key resistance at Rs 1,076, show charts.
Derivatives market update: 12 stocks including Balrampur Chini, GNFC, India Cement, LIC Housing and National are in F&O ban on Thursday; 2 stocks see buildup up short positions; details here
Strong Q1 earnings, revival in FMCG sector has propelled Colgate-Palmolive stocks; Technical charts suggests that the bias shall remain favourable as long as the stock holds Rs 3,500.
Granules, MCX, Colgate, Trent, Dr.Reddy's, Glenmark Pharma, Voltas, Lupin, Tech Mahindra, Coromandel International and Balrampur Chini among F&O stocks are holding a PCR in excess of 1, shows F&O data
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.