Short term trend is positive as it is placed above its 5, 11 and 20 day EMA Stock price has broken out on the weekly chart with higher volumes
Ruchit Jain, head of equity technical research, wealth management at Motilal Oswal Financial Services has recommended buying Nykaa, Aadhar Housing Finance, Marico stocks today
Here are the top picks of Chandan Taparia, head derivatives & technicals, Wealth Management, Motilal Oswal Financial Services
Stocks to buy today: Manappuram Finance MANAPPURAM) has demonstrated a robust recovery in the last couple of trading weeks and has now surpassed all major EMAs on the daily chart
Stocks to buy: Analyst at Religare recommends Sun Pharma, Apollo Hospitals; Check target price, stop loss here
The Nifty's close near the day's high resulted in a bullish 'engulfing' candlestick pattern on the daily chart
Stocks to buy: Analyst at Angel One recommends Shyam Metalics and Torrent Pharma; Check target price, stop loss here
The short term trend of the Bank Nifty is positive as it is placed above its 5,11 and 20 day EMA
On March 27, spot gold rose to a fresh record high of $3,059 on safe haven demand coming on US imposing auto tariffs. A weaker dollar also boosted the yellow metal
Technical charts show that key momentum oscillators on - Indian Metals, Chennai Petroleum, Zuari Industries, 20 Microns and Prakash Pipes - from Dolly Khanna portfolio were hinting at a relief rally.
Technical charts show that shares of Infosys, ICICI Bank, Dr. Reddy's, Eicher Motors and Shriram Finance can potentially rally up to 15% from here on as Nifty attempts a pullback towards its 100-DMA.
The Nifty PSU Bank index has plunged over 20% in the last six months and now seen testing long-term support on the monthly chart. Will PSU Banks rebound or extend fall? Key levels to watch out for.
The price has breached out of a consolidation zone and has given its highest daily close ever.
The metal, closing 3.22 per cent lower at $2625 on November 25, traded between $2,605 and $2,642 on Tuesday and was down by nearly 0.20 per cent to trade at $2,620 at the time of writing this report
In the past two months, Grasim has consistently encountered resistance around the 2,800 level, indicating that it struggles to break past this mark
The Nifty 50 Index is expected to trade within a well-defined range between 25,235 and 24,700
Technical charts suggest that the bias for Gold is likely to remain positive as long as Rs 73,100 holds; while in case of Silver the bullish pivot stands at Rs 89,000.
Long build up is seen in the M&M Finance futures during the September series till now where we have seen 7 per cent rise in 'Open' interest with price rising by 5 per cent
Union Bank of India, Avenue Supermarts (DMart), CCL Products, FSN E-Commerce Ventures and Tata Power among 9 NSE stocks with bullish MACD crossover on the daily charts.
The Nifty IT Index is currently trading at 34,023.80, displaying a range-bound pattern in the near term