Category: India

ONGC has seen a decent correction from the highs in last couple of months as the crude Oil prices have cooled off from their highs. However, the prices are now showing signs of some pullback move as it has given a breakout from a trendline resistance. Sunil Shankar Matkar October 10, 2022 / 11:25 AM […]

If global cues are supportive, the Nifty can continue its journey north, with 17,400, 17,500 and 17,650 as immediate hurdles Sameet Chavan October 10, 2022 / 06:25 AM IST Navkar Corporation: Navkar Corporation sells movable assets worth Rs 174 crore to Adani Logistics. The company has approved the transfer of movable assets including trailers and […]

Zomato jumped more than 6 percent to Rs 69.55, the highest closing level since June 24, continuing uptrend in five out of six consecutive sessions. The stock has seen bullish candlestick pattern formation on the daily charts with above average volumes. Sunil Shankar Matkar October 10, 2022 / 06:26 AM IST Buzzing Stocks, Slideshow ‘); […]

The Nifty closed the week gone by on a positive note closing at 17,332, up 1.34 percent. During the week, the equity benchmark gyrated between 17,444 and 16,858. On the open interest (OI) front, a long build-up was seen in the Nifty. The Bank Nifty gained about 1.3 percent and closed the week at 39,310. […]

Options Trade adjustments is a very popular term these days. Let us discuss what this is all about and how can it be helpful. With equity stocks or for that matter futures trading it is very simple. You are either In or Out. Yes, there will be stop-losses and trailing stop-losses but apart from averaging […]

The Nifty50 remained volatile throughout the session and finally ended above 17,300 with moderate losses on October 7 (Friday), after an uptrend in the previous two trading sessions. The index has seen the formation of a small-bodied bullish candle on the daily charts, while there was a decent bullish candlestick pattern formation on the weekly […]

KPIT Technologies after giving a breakout from the rounding bottom pattern in September 2022 indicated beginning of the trend on the upside. ‘); $ (‘#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”); […]

Bharat Forge was in full swing, seeing a strong gap-up opening and rising 8 percent to settle at Rs 764, and formed a robust bullish candle on daily charts. The stock recouped most of recent losses in a single day run-up. Sunil Shankar Matkar October 07, 2022 / 07:15 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); […]

After a one-day public holiday, the Nifty50 extended its uptrend for yet another session on October 6, driven by technology, metal, select banks and auto stocks, though the gains trimmed a bit in the afternoon due to weakness in Europe. The 50-share Nifty benchmark formed a small-bodied bearish candle on the daily charts as the […]

Campus Activewear is moving in a classical upsloping channel formation with an immediate base at 20-day moving average (DMA). It witnessed a bullish pin bar candlestick pattern at 20-DMA during the recent pullback. Santosh Meena October 06, 2022 / 07:09 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”); […]

Mazagon Dock Shipbuilders jumped more than 8 percent to end at record closing high of Rs 556.25, forming strong bullish candle on the daily charts with higher high higher low for fourth consecutive session. The stock gained 30 percent in these four days with above average volumes. Sunil Shankar Matkar October 06, 2022 / 07:14 […]

Though the IT index has seen a double bottom, and, hence, a relief rally could be expected, Anand James of Geojit Financial Services is not convinced that IT stocks will lead the next Nifty rally. Geojit’s Chief Market Strategist, with more than 15 years of experience in capital markets, thinks the Nifty looks to have […]

Shubham Agarwal Respite or relief rally as it is popularly known is one such move that has its own characteristics and requires few modifications from our usual buying strategies so that we don’t get caught on the wrong foot while trading them and end up giving more than what could gain. We will look at […]

The Nifty zoomed more than 2 percent on October 4, tracking a rally in global shares amid hope that the US Federal Reserve may slow down with liquidity tightening and upbeat quarterly updates by banks at home. The index closed 387 points higher at 17,274 as every sector participated in the rally, with banking & […]

EIH has broken out from the symmetrical triangle on the weekly chart with higher volumes. It has broken out on the daily chart on Monday to close at five days high. Nandish Shah October 04, 2022 / 06:30 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’] […]

Chalet Hotels gained nearly 4 percent to Rs 367, forming strong bullish candle on the daily charts with robust volumes. The stock continued higher high formation for fifth consecutive session. Sunil Shankar Matkar October 04, 2022 / 06:33 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’] […]

The Nifty retreated on October 3 after a sharp rebound in the previous session to close 207 points, or 1.2 percent, lower at 16,887. Weakness in global markets amid fears of slowing growth and a fall in manufacturing PMI at home in September triggered selling pressure. All sectors, barring pharma, ended in the red, with […]