Category: India

Primary trend of Minda Corporation turned positive as stock price closed above its 200 days EMA. Momentum Oscillators like RSI (11) and MFI (10) have witnessed trendline breakout, indicating higher possibility of price to gain momentum from hereon. One can buy the stock in the range of Rs 205-200. Nandish Shah November 09, 2022 / […]

Apollo Tyres was also in focus, rising 4 percent to Rs 301, the highest ever closing level. The stock has formed strong bullish candle on the daily charts with above average volumes after consolidation for around one-and-half-month. Sunil Shankar Matkar November 09, 2022 / 06:28 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

HPL Electric and Power is in classical bullish momentum. The overall structure of the counter is lucrative, as it is trading above all of its moving averages Pravesh Gour November 08, 2022 / 01:48 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ […]

The Nifty saw its best close in 10 months on November 7 as it rebounded in the last hours of trade amid volatility on November 7, tracking positive global cues. All sectoral indices, barring pharma, supported the rally. After opening above 18,200, the index hit the day’s high of 18,255 but squandered the gains in […]

Traders are advised to continue with an optimistic approach and now, with other sectors chipping in, we expect a good broad-based buying in the forthcoming week. Sameet Chavan November 07, 2022 / 06:35 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); […]

In the truncated week beginning today, the index may march towards its last week’s high of 18,178, followed by 18,350 (the high of 2022). If the index manages to sustain these levels, then a record high of 18,604 can’t be ruled out with strong support at 18,000-17,900 levels Sunil Shankar Matkar November 07, 2022 / […]

Poly Medicure rose 5 percent to Rs 952.5 and formed big bullish candlestick pattern on the daily charts with strong volumes. In fact, it has seen a breakout of downward sloping resistance trend line adjoining several points from the October high. Sunil Shankar Matkar November 07, 2022 / 06:38 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); […]

The Nifty closes the week, around 18220, with a gain of around 2.19 percent. During the week Nifty gyrated between 17926 – 18229. On the OI (Open Interest) front, long built-up was witnessed in Nifty over the week gone by as there was an increase in OI. On the other hand, Bank Nifty gained about […]

Shubham Agarwal Most of the Option Traders quit trading after first few trades. Because the ones that stay longer do not leave. Weird observation but it has a reason. The reason is that many times the losses in Options is not because of wrong view but because of errors. These errors come from one or […]

Some last-hour buying helped the Nifty close higher on November 4 in a volatile session, with the ending 65 points higher at 18,117. It formed a bullish candlestick on the daily as well as weekly charts as the closing was higher than the opening levels, indicating that the momentum is still with the bulls. If […]

Craftsman is currently trading near its record high level which tells that the stock already is in good momentum. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] < […]

RITES was up 9 percent to end at record closing high of Rs 410 and formed strong bullish candle on the daily charts with above average volumes. On monthly scale, it has been forming long bullish candle for fifth straight month Sunil Shankar Matkar November 04, 2022 / 06:28 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); […]

The Nifty recovered smartly from the day’s low amid volatility on November 3 to end 30 points lower at 18,053 as a 75 basis points hike in interest rates and hints of further hikes by the US Federal Reserve weighed on sentiment. The index fell below the psychologically vital 18,000 mark intraday but recovered to […]

Recently HDFC AMC has witnessed a breakout of the Falling channel and again reclaims the upper band of the pattern indicating immediate support & bullish set-up in the counter. Vishal Wagh November 03, 2022 / 06:18 AM IST Stock Market News ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else […]

Redington was also in focus in the falling market, rising nearly 8 percent to Rs 148. The stock has formed robust bullish candle on the daily charts with large volumes after rangebound trade for more than a month. Sunil Shankar Matkar November 03, 2022 / 06:22 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]