Category: India

The benchmark indices like Nifty and Sensex could consolidate or may witness minor correction in the near term, as there is no support coming in from global equity markets. Vinay Rajani September 06, 2022 / 06:08 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){ […]

Birla Cable was locked in 20 percent upper circuit at Rs 144, forming robust bullish candlestick pattern on the daily charts with above average volumes. It has seen a breakout of long downward sloping resistance trend line adjoining March 23, April 7, and August 2 this year. Sunil Shankar Matkar September 06, 2022 / 06:12 […]

The Nifty ended higher despite nervousness among global counterparts as all sectors participated in the run, with banking & financial services and metal emerging as the top gainers on September 5. The index closed 126 points higher at 17,666 and formed a bullish candle on the daily charts. The index is closing in on the […]

Since last one month, Tinplate Company of India has made nice base near Rs 300 levels. Recently on daily scale, the stock confirmed a Bullish Inverted Hammer candlestick pattern exactly at the mentioned historical support and that is adding more confirmation of further upside in the counter. Jigar Patel September 05, 2022 / 06:13 AM […]

Astral rallied more than 6 percent to Rs 2,314.45 and formed strong bullish candlestick pattern on the daily charts with robust volumes, continuing uptrend for third consecutive session. It has decisively broken the long downward sloping resistance trend line adjoining January 17 and August 25 this year. Sunil Shankar Matkar September 05, 2022 / 06:18 […]

The Nifty50 is expected to trade within the range of 17,300-17,800 in the short term, and if it decisively gives a close above the upper band of the said range, then there could be a move towards the psychological 18,000 mark, experts said Sunil Shankar Matkar September 05, 2022 / 08:06 AM IST ‘); $ […]

Rather than expecting Nifty50 to hit record highs in September, the other option of ‘by Diwali’ seems to be realistic, says Sameet Chavan of Angel One in an interview to Moneycontrol. “We saw good performance from quality mid and small caps in the last couple of months,” adds Chief Analyst-Technical and Derivatives at Angel One. Technically, […]

The Nifty50 remained directionless throughout the session on September 2 and ended 3.3 points down at 17,540 after a volatile session amid weak global cues. The index opened higher at 17,598 and climbed up to 17,644 but lost all the gains in initial minutes to slip to 17,476. It recouped losses in noon and remained […]

On weekly chart of SRF, we can observe that the stock is currently trading at its 52-week high level, this tells that the stock already is in a strong up trend. ‘); $ (‘#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”); //} […]

Gland Pharma jumped 5.6 percent to Rs 2,501 and formed small bodied bullish candle on the daily scale, while Schneider Electric Infrastructure climbed over 6 percent to Rs 145.3 and Inverted Hammer kind of pattern on the daily charts with above average volumes. Sunil Shankar Matkar September 02, 2022 / 06:36 AM IST ‘); $ […]

The Nifty started September on a negative note as it reversed the previous day’s gains to close 1.2 percent lower at 17,543 on weak global cues and interest rate hike worries. As the index recovered from the day’s low, it formed a small-bodied bullish candle on the daily charts. The gap-up range of the previous […]

Paras Defence and Space Technologies jumped nearly 6 percent to close at Rs 715.65, continuing uptrend for fifth consecutive session. On last both days, there was strong bullish candlestick pattern formation on the daily charts with healthy volumes. Sunil Shankar Matkar September 01, 2022 / 06:58 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]

On immediate basis, 18,000 is the psychological hurdle for the Nifty, while the previous swing low of 17,161 will act as a strong support Pravesh Gour September 01, 2022 / 06:59 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”); // $ […]

Oberoi Realty has given a strong breakout from the falling trend line with a surge in volumes on the daily chart, while Ashok Leyland has witnessed strong volumes in the cash market and long built-up positions in F&O Kunal Shah August 31, 2022 / 03:55 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

Bank Nifty managed to give breakout to its falling trend line on the monthly chart and sustaining above all its important moving averages suggests bullishness in the short-medium term, says Rajesh Palviya of Axis Securities in an interview to Moneycontrol. Further, Bank Nifty has witnessed Golden Crossover (50 DEMA given upward crossover to 200 DEMA) […]

Representative image. After a small gap-up opening, the Nifty50 gradually extended its northward journey as the day progressed and closed near the day’s high with nearly 450 points gains in a single day on August 30, ahead of June FY23 quarter GDP data tomorrow and monthly auto sales data due later in the current week. […]

SJVN | PSU sector has been outperforming for last two months and same is expected to continue. Stock has been finding support on its 50 days EMA placed at Rs 28 odd levels. Indicators and oscillators setup is bullish on daily and weekly charts. Vinay Rajani August 30, 2022 / 06:20 AM IST ‘); $ […]