Silver rally is primarily being driven by risk sentiments as expectations of rate cuts buoy the risk assets. Another supporting factor is healthy ETF inflows.
Long build up is seen in the Bank Nifty Futures where Open interest has risen by 2 per cent along with price rise of 0.10 per cent
Post a long period of underperformance, Asian Paints shares have started forming a 'Higher Top Higher Bottom' structure on the daily chart.
Markets remained volatile on Wednesday and ended lower amid mixed cues. After a flat start, the Nifty oscillated within a range and eventually settled near the lower end at 24,574.20.
Nifty Metal Index has registered healthy running correction from the recent swing high. In international markets, we have seen bullish breakouts in Iron ore commodity.
TVS Motors stock has broken out of a consolidation zone on the daily chart with a strong bodied bullish candle and higher than average traded volumes.
President Trump said that US tariffs on semiconductor and pharmaceutical imports would be announced within the next week or so. Tariffs of pharmaceuticals could be as high as 250 per cent.
Blue Jet Healthcare stock: Strong in quality and earnings surprise, this stock indicates analyst optimism about its future performance.
Retail lending, which had been the mainstay of growth for private banks, has decelerated sharply across both secured and unsecured categories.
Asian Paints has demonstrated a robust recovery in the last week and has now surpassed all major EMAs on the daily chart.
The Nifty's close near the day's high resulted in a bullish 'engulfing' candlestick pattern on the daily chart
While near-term sentiment remains positive, industry watchers remain cautious about upcoming monsoon trends and rural liquidity-both critical for sustaining demand in the remaining quarters
Stocks to buy: HDFC Securities has recommended Maruti Suzuki and Hindustan Unilever as its two top picks for today
Stocks to buy: Analyst picks Dalmia Bharat, Chemplast Sanmar and one more share to buy; Check full details
Silver is well-supported by strong ETF inflows, but a firm dollar and trade news flow pose a risk to the metal prices, analyst says
Nifty broke four sessions of losing streak by rising 113 points to close at 25,195. Ujjivan Small Finance Bank and ITC are the breakout stocks to watch
Stocks to buy: Analyst at Angel One recommends JSW Infra, Rallis India and one other stock; Check target price, stop loss here
F&O strategy: Primary trend of the Bank Nifty remains positive as it is placed above its 50 and 100 day EMA
Silver trading strategy: The metal, at the time of writing, was trading at $36.75, up 1 per cent on the day, while the corresponding MCX Silver contract, gaining 1.45 per cent was noted at ₹1,08,825
Analysts at Religare Broking maintain a bullish stance and recommend continuing with a "buy on dips" strategy, with a strong emphasis on stock selection