The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data
Technical indicators such as the RSI, MACD, and Stochastic are showing signs of potential correction and underperformance for the Nifty Pharma index
The Nifty IT Index is currently priced at 33,613.05, indicating a bullish trend in the near term. Given this upward momentum, the best trading strategy for traders would be to buy the index either at
Silver price on MCX: Support is seen at $31 (Rs 93,500) /$29.50 (Rs 89,000)
Despite ongoing conflicts and lower demand growth expectations, oil prices remain steady
Stock Price has broken out from downward sloping trend line on the weekly chart. Stock has surpassed the previous swing high resistance
Cipla was in a downtrend and corrected ~13 per cent in the recent fall. On the daily charts it formed an Inverted Head and Shoulders pattern which is a Trend reversal pattern
The Nifty PSU Bank Index, currently at 7,264.75, exhibits a bullish trend on the charts. However, it is approaching a significant resistance range between 7,265 and 7,365
Crude oil outlook: Crude oil prices are expected to trade in a fairly tight range ahead of the key OPEC+ meet on June 1
In the process, volatility would remain high as expectations related to the General election outcome would have bearing on market direction in the upcoming truncated week
The Nifty Mid Select Index, currently at 11,336.85, displays a bullish trend on the charts. However, it is approaching a stiff resistance level around 11,450
Jubilant FoodWorks has two key technical analysis signals: a bull divergence on the daily Moving Average Convergence Divergence (MACD) indicator and a violation of a bearish trend line that had been
The metal was changing hands at $2381 at the time of the MCX closing, which is down 0.20 per cent from Wednesday's closing level
The Nifty FMCG Index is showing a bullish trend on the charts, with the potential for a fresh bullish breakout if it closes above 55,500
Following a correction of roughly 60 points, equating to a notable 7 per cent downturn, Aether has shifted its course away from the prior support mark of Rs 800
Silver price target: upport is seen in the range of $27.90-$28 (Rs 83,600-Rs 83,900)
The Nifty Bank Index, currently trading at an unspecified price, has experienced a sharp correction on the charts recently. However, there are indications of a potential technical bounce in the near
There is a bullish butterfly pattern seen on hourly scale so based on these signals, we advise investors / traders to "go long" in Indian Hotels Company within the price range of Rs 545-555 per share
The Nifty Financial Services Index, currently trading at 21,249.80, has recently experienced a correction but is showing early signs of a potential rebound on daily charts
Federal bank has been in a medium-term uptrend. The recent pullback towards the zone of Rs 154 - 156 was brought into and the stock has been witnessing buying interest from that crucial support zone