Category: India

Shubham Agarwal After a fall from the highs of 18,200, the Nifty is consolidating in the range of 17,500-16,800 and closed the week on negative side around 17,170 with the loss of around 2 percent. On the Open Interest (OI) front, short buildup witnessed in Nifty over the week gone as there is marginal 3 percent jump […]

Overall, the market is in a sideways mode, we feel that the Nifty will move in range of 17,185–17,842 in the coming days, said Vidnyan Sawant of GEPL Capital ‘); $ (‘#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(“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’] 0) { […]

On the daily and weekly charts, NLC India has formed strong promising price volume breakout formation that indicates bulls are clearly dominating price action. Sunil Shankar Matkar April 22, 2022 / 07:51 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(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ […]

Hindustan Unilever has shown a strong reversal from the lower levels after forming a double bottom formation near Rs 1,930 levels on the daily time frame. The breakout comes with a bullish candle and above average volumes indicate fresh buying from the lower levels. RohanPatil April 21, 2022 / 07:17 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); […]

Fineotex Chemical is trading in an uptrend and has recently shown outperformance. The previous resistance of Rs 182 is now expected to become a support and hence any declines towards this support could be used as a buying opportunity. Sunil Shankar Matkar April 21, 2022 / 07:19 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]

Jash Engineering is in strong bullish momentum where it is resuming this momentum followed by a breakout of 9 months consolidation. The breakout comes with a big bullish candlestick and high volume that indicates the beginning of a fresh expansion phase. Santosh Meena April 20, 2022 / 06:43 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > […]

Although the trend continues to be positive, the oscillators are deeply overbought and hence the risk reward ratio for fresh buying is not favourable for Vaishali Pharma. Sunil Shankar Matkar April 20, 2022 / 06:56 AM IST Trade Spotlight ‘); $ (‘#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){ […]

Primary trend of HSIL is positive as it is trading above its all short and long-term moving averages. Momentum oscillators like RSI and MFI are placed above 60 and rising upwards, indicating strength Nandish Shah April 19, 2022 / 06:24 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 […]

JK Paper is showing relative outperformance and touched a new life high in Monday’s session. The stock has not corrected irrespective of the weakness in the market and has been moving with higher highs and lows along with volume expansion in the upmove. Sunil Shankar Matkar April 19, 2022 / 06:44 AM IST ‘); $ […]