Category: India

Indraprastha Gas climbed 7.5 percent to Rs 408.1, the highest closing level since January 21 and formed large bullish candle on the daily charts with strong volumes for third consecutive session, following high wave kind of candle formation. Sunil Shankar Matkar August 12, 2022 / 08:07 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]

The Nifty50 extended its northward journey for the fifth consecutive session on August 12 and registered a fresh closing high ahead of inflation and industrial output data due later in the day. Positive European cues, a fall in volatility, and buying in metal, select banking & financial services along with index heavyweight Reliance Industries aided […]

It was another good day for Indian shares. The broad-based Nifty went past the psychologically vital 17,000 mark to close 229 points higher at 17,158.30. The index surpassed its 200-day moving average after a long time, raising hopes that gradually it may move towards 17,500, the next hurdle, but for that, it has to strongly […]

The Nifty ended higher second day in a row on July 28 on positive global cues, boosted by an overnight rally in the US market after the Federal Reserve raised interest rates by 75 bps along expected lines. After opening 130 points higher at 16,775, the index extended the rally to reclaim 16,900, recouping losses […]

Technically, on daily charts, Mindtree has formed higher bottom formation which is broadly positive for the near term. It also formed promising bullish candle on monthly charts, that also indicating continuation of uptrend in the near future. Sunil Shankar Matkar July 29, 2022 / 06:19 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

On daily time frame prices after consolidation, the Bollinger band has started to expand where prices on July 18 had closed above upper Bollinger band. This tells that the volatility of L&T Infotech is rising 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){ […]

Gujarat Alkalies and Chemicals on the weekly chart has taken a support on the rising trendline which confirms buyers strength at the lower levels. The stock on the daily chart has been consolidating in a tight range and is on the verge of a breakout. Kunal Shah July 28, 2022 / 06:11 AM IST ‘); […]

What a classic setup we are having at Huhtamaki India, precise Bullish BAT pattern which got extended till 1.13 ratio on the weekly chart with N-wave completed near the potential reversal zone of Rs 180-190. Sunil Shankar Matkar July 28, 2022 / 06:26 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

(Representative Image) Petrol and diesel prices held steady on June 26, as per the latest price notification issued by fuel retailers. Prices have remained unchanged for over a month, ever since the government on May 21 cut the excise duty on petrol by Rs 8 a litre and on diesel by Rs 6 a litre. […]

Representative image. The Nifty50 fell for the first time in the last seven consecutive sessions on July 25. It has seen the formation of a small-bodied bearish candlestick pattern which resembles a Doji kind of pattern formation on the daily charts with lower high- lower low compared to the previous day but respected 16,610 (the low […]

In 1975, leaders of the world’s wealthy democracies gathered to deal with an energy crisis sparked by a war and rampant inflation. Those same sore points are bedeviling their successors representing 46 percent of the global economy at this week’s Group of Seven summit, with high consumer and energy prices threatening to trigger recessions in […]

Trend of Action Construction Equipment is positive as it is trading above its important moving averages. Plus DI is trading above Minus DI while ADX line is placed above 25, indicating stock is likely to gather momentum in the coming days. Nandish Shah July 26, 2022 / 06:16 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] […]

RSI (relative strength index) plotted on daily time frame has shown a breakout which again confirms that Navin Fluorine has a strong momentum. Sunil Shankar Matkar July 26, 2022 / 06:22 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”); // $ […]

The Nifty50 extended its southward journey for the second consecutive session on July 26 and formed a bearish candle on the daily charts as traders were cautious ahead of the Federal Reserve meeting. The index has broken its 200-day exponential moving average (EMA – 16,520). If it fills the gap area created on July 20 […]

JK Cement is witnessing a smart bounceback with a rounding bottom formation and it managed to close above its 100-DMA. On the upside, Rs 2,500 is an immediate hurdle. Above this, we can expect a move towards its 200-DMA. Pravesh Gour July 27, 2022 / 06:29 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]