Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities
Stock price has broken out on the daily chart by closing above the resistance level of 181.5 to close at all time high with higher volumes
Besides, HDFC Securities Ltd, Shriram City Union Finance Ltd and KEC International Ltd made applications to list their CPs at BSE for issue size of Rs 490 crore, Rs 477 crore and Rs 20 crore
Valuation of 34x FY21 earnings does not capture whole picture
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
The stock price has already given breakout on the daily chart by closing above the resistance level of Rs 737 on last Monday with higher volumes
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
Silver prices declined by Rs 65 to Rs 45,485 per kg against the previous close of Rs 45,550, HDFC Securities said
Technical calls from Nandish Shah, Senior Technical & Derivatives Analyst at HDFC Securities.
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
Optically, the markets do not look cheap. However technical factors (liquidity, no alternative asset class etc) means that equities could continue to do well for some more time, the expert said.
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
Short covering is seen in the ITC Futures' during the November series till now, where we have seen fall in Open Interest with price rising by 3%.
Silver also declined by Rs 29 to Rs 47,583 per kg from Rs 47,612 per kg
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
In the international market, both gold and silver prices were quoting lower at USD 1,509 per ounce and USD 18.08 an ounce.
Market players say the overall volumes have been on the rise as the market has become quite volatile
Technical calls from Nandish Shah, Senior Technical & Derivatives Analyst at HDFC Securities.
Derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities