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 sustained level below 14,190 could drag Nifty towards 13,600-odd levels
Longs should be protected with the stoploss of 14,275 in Nifty
The stock price has broken out on the daily line chart where it closed at highest level since March 12 with higher volumes
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 large liquidity sloshing around and the listing gains of past IPOs are the key reasons for the IPO market doing well
L&T Tech's stock price has broken out from the long-term consolidation, which it held for the last two months
The stock price has broken out on the daily chart where it closed above 200-day EMA with higher volumes
The trend of midcap and smallcap stocks has been strong and stock specific bullishness is likely to continue
Leading stock exchanges NSE BSE said all their operations are functioning in a normal manner after HDFC Securities flagged that confirmations were not received for orders placed in NSE cash segment
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
Brokerage HDFC Securities in a results update said moderation in in-home consumption categories will impact key brands but revival in OOH will support growth
The stock price has witnessed running correction of 10 per cent from the recent high
Nifty, Bank Nifty and Financial Nifty indices have been forming candle with the small body for the last three consecutive sessions, which indicates that bullish momentum is getting lost
The stock price has broken out on the daily chart with higher volumes
While there is a possibility of consolidation in the Nifty50 index after a sharp rally, stock specific moves could continue on the upside
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
The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222
The stock price of Cadila Healthcare has broken out from the consolidation which held for last three weeks
Immediate resistance for the Nifty is seen at 14,890