Consolidation is an integral part of the market. Break out of a consolidating market could push the prices of stocks and indices very high in a very short time. While on one hand it is very confidence boosting to know that directional move has taken place on the upside, one the other hand we also […]
Continue ReadingDisclaimer | Terms & Conditions | Privacy Policy | Cookie Policy | FAQs | Sitemap | Contact Us | Advertise with Us Network 18 Sites: News18 | Firstpost | CNBC TV18 | In.com | Cricketnext | Overdrive |Topper Learning Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other […]
Continue ReadingThe Nifty started the April series on a positive note, with the index comfortably closing above 17,600 and forming a bullish engulfing candle on the daily scale and a bullish candle on the weekly frame. The Nifty50 seems to have resumed its up move as it registered a decent bullish candle on the weekly charts […]
Continue Reading
Page Industries is moving in a rational uptrend with higher highs and lows formation. The stock is continuously taking support and bouncing off the 20-day SMA (Rs 41,143) Malay Thakkar April 01, 2022 / 07:18 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”); […]
Continue Reading
The medium-term texture of Tata Communications is still weak but due to a short-term reversal formation, it can see a quick pullback rally Sunil Shankar Matkar April 01, 2022 / 07:53 AM IST Nuvoco Vistas Corporation | The company has made timely payment of redemption amount and interest for its non-convertible debentures of Rs 400 […]
Continue ReadingThe Nifty remained range-bound and closed with moderate losses on March 31, the expiry day for monthly futures & options contracts. The index snapped its three-day winning streak on the last day of the financial year 2021-22 and formed a small-bodied bearish candle on the daily chart as the closing was lower than the opening […]
Continue ReadingDisclaimer | Terms & Conditions | Privacy Policy | Cookie Policy | FAQs | Sitemap | Contact Us | Advertise with Us Network 18 Sites: News18 | Firstpost | CNBC TV18 | In.com | Cricketnext | Overdrive |Topper Learning Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other […]
Continue ReadingDisclaimer | Terms & Conditions | Privacy Policy | Cookie Policy | FAQs | Sitemap | Contact Us | Advertise with Us Network 18 Sites: News18 | Firstpost | CNBC TV18 | In.com | Cricketnext | Overdrive |Topper Learning Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other […]
Continue Reading
As of now, the index has given a breakout so the upper range for the Nifty is extended till 17,800 and the support for the Nifty is placed near 17,255 levels, said Rohan Patil of Bonanza Portfolio. Read on to know his views on ICICI Lombard, Ipca Labs and Mphasis RohanPatil March 31, 2022 / […]
Continue Reading
What a classic setup we are having in JK Lakshmi Cement, precise Bullish bat pattern on daily chart with Classic Hammer & Inverted Hammer near potential reversal zone of Rs 430-450. Sunil Shankar Matkar March 31, 2022 / 08:33 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’] […]
Continue ReadingThe Nifty decisively surpassed the crucial hurdle of 17,450 after seven days of consolidation to close a percent higher on March 30 on positive global cues. The index remained strong throughout the session after opening at 17,468. It hit the day’s high of 17,522 and low of 17,387 before closing 173 points higher at 17,498. […]
Continue Reading
“Bank of Baroda is outperforming the PSU banking index where it has witnessed a breakout of a bullish Inverse Head and Shoulder formation, to resume its bullish momentum.” Santosh Meena March 30, 2022 / 07:21 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”); […]
Continue Reading
Traders should trade with a positive bias and look to buy Ipca Labs in the range of Rs 1,060-1,050 for a potential target of Rs 1,130 in the short term. One should place a stop-loss below Rs 1,020 on the positions. Sunil Shankar Matkar March 30, 2022 / 07:31 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] […]
Continue ReadingThe Nifty closed higher for the second day but it was a highly volatile session on March 29. The index formed a small-bodied bullish candle that resembled the Hanging Man pattern on the daily charts. The index opened higher at 17,297 and after swinging between highs and lows, it settled at 17,325, up 103 points. […]
Continue Reading
GNFC is moving in a rational uptrend since March 2020. The upmove in the stock has been backed with good volume buildup indicating long participation in the counter. Sunil Shankar Matkar March 29, 2022 / 07:25 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){ $ […]
Continue Reading
“Schaeffler India is on the verge of breaking out from the last three months’ price consolidation. Indicators and oscillators like RSI, DMI and MACD have been showing strength in the current upmove.” Vinay Rajani March 29, 2022 / 07:35 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’] […]
Continue ReadingThe Nifty again defended the crucial 17,000-mark as Indian shares smartly reversed losses of the morning session to close 0.4 percent higher on March 28. The index formed a small bullish candle, which resembles hammer pattern, on the daily charts on March 28. The hammer is a bullish reversal pattern formed after a decline. It […]
Continue Reading
The Nifty 50 lost 0.8 percent last week but stayed consistently above the crucial 17,000 mark as well as the 200-day moving average of about 17,030 in the past six straight sessions. The first half of this week will likely give a fair idea of the short-term direction Sunil Shankar Matkar March 28, 2022 / […]
Continue Reading
Now on the daily time frame charts, Godrej Properties prices have taken a U-turn, showing early signs of reversal. Traders can look to buy for a near term target of Rs 1,710. The stop-loss can be placed at Rs 1,574. Sameet Chavan March 28, 2022 / 07:06 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]
Continue Reading
After two consecutive weeks of upside move, and rising 10% from the recent bottom, Nifty consolidated in a range in the past week. Nifty shut shop with marginal loss of 0.64 percent around 17,211. The Nifty futures during this week ranged from 17,464 to 17,051. On the OI (Open Interest) front, long Unwinding was witnessed in […]
Continue Reading