Snapping their seven-day gaining streak, the benchmark indices ended in the red on Tuesday amid selling in private banks, auto and IT counters
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The S&P BSE Sensex on Tuesday tanked 642 points or 1.73 per cent to end at 36,481.09 while the NSE's Nifty50 settled at 10,818, down 186 points or 1.69 per cent.
Stock recommendation by Jay Anand Thakkar,CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Nifty view and stock recommendations by Vaishali Parekh of Prabhudas Lilladher
Tata Steel, Vedanta and SAIL have seen sharp fall in their stock prices in the recent months.
If the Nifty Bank index stays below 2,600 level for another week, then a major breakdown may lead to a long term bearishness, tech charts suggest.
Weekly technical recommendation by Religare Broking
Here are the weekly stock recommendations by Religare Broking
MACD crossing above MACD baseline means a positive trend will emerge for the stock/index going ahead.
The stock is trading above its 5, 20 and 200-day simpole moving average (SMA), indicating that the counter is in an uptrend for all the time frames