Among individual stocks, a total of 140 of the BSE500 stocks have given negative return so far in CY2021
HDFC AMC's stock has seen some significant increase in trading volumes from the past few trading days indicating strong hands accumulating the stock at lower levels
Recently, the stock of Divi's Labs has given a weekly range breakout, making a new high of 4133, supported by volumes
The price pattern is very strong on the technical parameters and Dr Reddy's Labs could outperform once there is more clarification on the developments of vaccine
Gold has made double bottom around 44,150 and bounced back sharply
Copper needs a decisive breakout below 657 for sellers to get active
Range breakout for gold comes above 45,300
The stock of Adani Ports has seen some correction from its lifetime highs and, in the last two days, it witnessed a reversal
Shares of Nocil and Butterfly Gandhimathi Appliances are seeing buying momentum even in the overbought territory, indicating underlying strength
For Copper sellers to gain upperhand, they must breach the support of 668 levels
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If IDFC First Bank stock stays above the Rs 70-mark, it may rally in the direction of Rs 120 and Rs 135 from a medium-term perspective
Another surprise build up in US inventory also helped the crude oil prices pushing down below 4,600 but overall trend still is bullish as there is no reversal pattern on daily chart
Most IT stocks are holding strong despite the recent volatility in the market and now look upbeat for a rebound
Any trend reversal for crude oil will only be validated below the 4,350 region
Exhaustion is being witnessed in Copper as on daily scale, there has been an emergence of 'Bearish Engulfing' candlestick pattern
Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator
HDFC Life has been strongly maintaining an uptrend for the last one year and is currently trading closer to its record high
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing
We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber