In the current market scenario, a significant event is unfolding within Power Grid
The Nifty Auto Index, currently priced at 22,458.65, is exhibiting a downward trend in the near term as per the charts
Technical outlook on FMCG stocks: Dabur and ITC look stronger on charts compared to its peers HUL, Marico and Godrej Consumer Products.
Despite the near-term bearish trend observed on charts, the correction presents an opportunity for traders to consider buying the index and its constituents on dips
The Nifty Financial Services Index is currently priced at 21,743.70 and is exhibiting notable support and resistance levels in the near term
The benchmark index stayed put on the higher grounds, registering fresh highs, but the intense bout of profit booking on the last day led Nifty to have a subdued weekly closure at 22475, procuring a m
The Nifty 50 Index is currently trading within a short-term range of 22,800 to 21,700. A breakout above or below this range could signal the next directional move for the index
Technical outlook on Godrej group listed stocks: Shares of Godrej family have delivered mind-boggling returns of up to 73 fold in the past years. Here's what to expect in the near term.
Nifty shows lack of follow through action on the upside. It formed a higher top and could form a higher bottom shortly. On monthly charts, Nifty gained 1.24 per cent for the month of April
Copper futures topped the $10,000-mark for the first time in 2 years, Aluminium futures quoted at 2-year highs earlier this month; here are the key levels to watch out.
Technical outlook on stocks with high rollover to May series: Keep a tab on these key support and resistance levels while trading in these F&O stocks.
Stock price has broken out on the daily chart with higher volumes to close at all time high levels. Stock price has been forming bullish higher top higher bottom formation on the weekly charts
The Nifty Auto Index, currently trading at 21,896.90, is exhibiting a downward trend on the near-term charts. Given this scenario, the optimal trading strategy would be to adopt a "sell on rise"
According to Ravi Nathani, an independent technical analyst, the best trading strategy for Nifty Auto and the Nifty Energy indices seem to be 'sell on rise'.
Stock picks for April 24, Wednesday, based on technical analysis: NCC, Aegis Logistics, GNFC, Manappuram Finance and Castrol India look positive on the daily charts as Nifty SmallCap scales new high.
According to Ravi Nathani, an independent technical analyst, the Nifty Bank index is expected to face stiff resistance in the 48,500 - 48,900 range.
The Nifty Financial Services Index, currently trading at 21,326.50, appears to be poised for a near-term bounce, potentially representing a technical rebound on the charts
Analysing the Relative Strength Index (RSI) on weekly charts reveals a bearish signal, characterised by a pattern of lower tops and lower bottoms
According to Ravi Nathani, an independent technical analyst, the Nifty Pharma index is quoting close to its ley support at 18,325; hence one may consider a buy on dip strategy here.
The NSE Nifty 50 is seen quoting close to its 100-DMA for the first time in six months amid the rising geopolitical tensions in the Middle East. Here's what the Nifty chart suggests.