After peaking near the Rs 153 mark on May 22, 2024, SJVN experienced a significant downturn, with a decline of approximately 22 points, equating to roughly 14-15 per cent
COMEX silver inventory fell from 299.04 Moz to 298.46 MOz and remains at the highest level since January 2023
Derivatives strategy on SB: Long build up is seen in SBI Futures with 11 per cent rise in open interest
OPEC is expected to extend its production cuts in an upcoming meeting, which has recently helped both WTI and Brent to break above their 100-day moving averages
The MCX Gold August contract was down by 0.11 per cent at its LTP of Rs 72,193. Risk appetite remains weak as wider markets swoon
Muthoot Finance has been in a steady uptrend for over 10 months, consistently forming higher highs and lows with a gradual increase in volumes
Crude oil price outlook: WTI short term resistance is at $82 for the day, while short term trading range should be in range of $77-$82
Since April 2024, Metro Brands has been trading within a consolidation range of approximately Rs 1,020 to Rs 1,120
The Nifty Auto Index is currently exhibiting a weak near-term trend, as evidenced by a consistent pattern of lower tops and bottoms on the charts. This downtrend suggests that the index is struggling
Gold outlook: Gold continues to see a buying support into the dips around $2,300. Support is at $2,352/$2,325/$2,317
Pidilite stock price has broken out from the downward sloping trend line on the weekly chart. Stock has surpassed the previous swing high resistance
Crude oil outlook and strategy: Analyst at Sharekhan believes buying WTI crude on correction would be a good strategy for the day
Titagarh Rail has been in a medium term uptrend. After a sharp run up the stock has been consolidating in a range and has formed a Triangle pattern on the hourly time frame chart.
Olectra Greentech stock is now comfortably maintaining its position above this trendline, indicating a strong upward movement.
The Nifty PSU Bank Index is currently trading at 7,456.75. The near-term trend is bullish on the charts; however, the index is approaching a significant resistance zone between 7,500 and 7,590
Over the past few months, Infosys' stock has been consolidating within a narrow trading range, approximately between Rs 1,400 and Rs 1,450
The Nifty 50 Index is currently trading at 22,952.00 and has rallied significantly in the near term, bringing it close to a stiff resistance zone around 23,050
Bank Nifty May F&O expiry strategy: Buy BANK NIFTY (29-May Expiry) 48,900 CALL at Rs 376 & simultaneously sell 49,400 CALL at Rs 174
Silver at $30.12 was down over 2 per cent at the time of MCX closing as the corresponding MCX July contract at Rs 90305 was down 2.91 per cent on the day
Commodity trading: Copper prices have dropped 7 per cent since Monday's record high, with a significant intraday drop due to profit-taking