In recent trading sessions, IndusInd Bank has demonstrated resilience by holding steady at its crucial historical support level of Rs 1,335
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
Vijaya Diagnostic has broken out from symmetrical triangle on the daily chart. Price rise was accompanied by healthy volumes
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.
Stocks like PC Jeweller, TBZ, Kalyan Jewellers and Senco Gold can potentially rally up to 27% from current levels, suggest technical charts.
Both the Nifty Financial Services Index and the Nifty PSU Banks Index exhibit positive trends and are supported by strong technical indicators
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 24,400 led by strong gains in IT and private bank shares on Friday.
The Nifty IT Index is currently showing an upward trend on the charts, with the index nearing its weekly resistance levels for this week, which are expected to be between 39,925 and 40,000
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
The Nifty PSU Banks Index is currently experiencing a downward trend in the near term. However, the index has recently undergone a sharp correction, bringing it very close to critical support levels a
The Nifty Bank Index is currently exhibiting a bearish trend on the charts. Given this downtrend, the recommended trading strategy for the near term is to sell on any upward movement in the index
As Hindenburg saga resurfaces, here's a technical check on Gautam Adani-led Group stocks for the likely trend ahead.
The Nifty has moved in a defined range of 24,000 - 24,400 throughout the last week; a breakout in either direct can trigger momentum, says Rajesh Bhosale of Angel One.
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.
Short build up is seen in the Nifty Futures during the August series till now, where we have seen 3 per cent rise in the open interest with Nifty falling by 1.20 per cent
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.
Shares of Bank of Baroda, Union Bank of India and Indian Bank can potentially rally up to 15% if these support levels are held; check key support and resistance levels for 5 PSU bank stocks here.
Zee Entertainment, PB Fintech, Delhivery among select companies to report a turnaround in the June 2024 quarter. Here's a technical outlook on select such stocks.
KPR Mill, eClerx, Granules, Cera Sanitaryware and BLS International are the 5 mid- and smallcap stocks that look strong on technical charts and can potentially gain up to 43% from present levels.
The Nifty IT Index is oscillating between 38,800 and 38,000. This consolidation indicates that the index is at a pivotal juncture, where a breakout or breakdown will determine its near-term direction