Nifty fell marginally on April 09, forming a bearish dark cloud cover like pattern. While the fact that the Nifty keeps making fresh new highs is encouraging, it tends to give up intra day gains which
The Nifty Private Banks Index, currently trading at 24,395.25, is displaying indications of a correction in the near term
The Nifty Auto Index, currently trading at 21146.20, is showing signs of short-term underperformance, as indicated by its overbought condition and negative divergence on technical indicators
After a healthy correction of 13 per cent, Tata Steel stock has found support on its 50 days SMA and has bounced back
Nifty IT Index is facing significant resistance around the 35,800 mark. The recent correction in the market has initiated a downtrend in near-term, as per Ravi Nathani
SJVN, Tata Teleservices (Maharashtra) and TV18 Broadcast may rise 50 per cent on resilient charts
The trend among stocks in oversold regions remains highly fragile and could see more downside ahead
Selective small-cap stocks may rally up to 25 per cent, as per their respective charts
The current volatility in the benchmark indices offer the ideal opportunity to accumulate pharma stocks around their respective supports
Barring Adani Ports and Special Economic Zone, no other group company of Adani shows a favorable trend in the present technical structure,
Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.
Zee Entertainment hits fresh 52-week high post approval by NCLT
A level below 19,300 would be considered bearish sign in Nifty for the short term, says Vinay Rajani, senior technical and derivative research analyst at HDFC Securities
According to Ravi Nathani, an independent technical analyst, Nifty FMCG index may witness a rebound after finding support at 51,636 and 50,650 levels
Nifty Realty index to rise up to 5 per cent in the coming weeks, post delivering bullish breakout on the charts.
Barring, Pfizer, Gland Pharma, and Laurus Labs, all other constituents of Nifty Pharm Index trade over the 200-day simple moving average (SMA),
Nifty50 and Bank Nifty indices crucial support (immediate) at 19,575 and 45,236; should be bought as the overall trend remains bullish, says Ravi Nathani
Trend in Bajaj twins remains sluggish and may slide in bear's grip if key levels are breached
Technical charts of M&M shows weakness, while RBL Bank continues to remain resilient.
The broader trend in the cement sector remains optimistic, price action riding along the overall bullish sentiment