The broader structure of Nifty still looks weak though
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The pullback which was seen from 7,511 to 9,889 seems to have ended and primary downtrend has started for Nifty
Nifty is currently near its previous swing low which is placed at 9,150
Indiabulls Housing Finance's stock is witnessing a reversal pattern on daily charts
IGL is in an overall up trend on the daily and weekly charts
Titan's stock has formed a short-term base and also given a breakout from a falling wedge pattern on the hourly chart
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
At present, traders are advised to keep following stock-specific approach
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Maruti's stock price has risen more than 10 per cent with significant rise in volumes
The primary trend of Ipca Lab's stock has been bullish with higher tops and higher bottoms on the weekly and monthly charts
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The candlestick formations on the benchmark indices show a 'Bullish Engulfing' pattern, which suggests a change in sentiment to positive
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The level of 11,050 should be followed as a stop-loss on a closing basis in Nifty longs
As of now, the psychological support of 11,000 level would be tested and the big question would be whether the index sustains or breaches that level
If any sustainable recovery has to happen this week, it should be V-shaped or steep in nature