-
May 29, 2023 05:10 PM IST The sentiment and trend remains positive. The Nifty is moving towards 18,700-18,800 and then probably the record high of 18,887, with crucial support at 18,400, say analysts
-
May 29, 2023 09:36 AM IST The 18,350-18,400 levels are expected to act as a strong support zone and if held in the forthcoming week, the Nifty will start moving towards 19,000 levels, according to experts
- May 29, 2023 08:38 AM IST
InCred Equities’s vice president (equity advisory) is expects Nifty Bank, FMCG, IT and auto indices to maintain their momentum. Read on for his picks for June series
- May 29, 2023 07:18 AM IST
The upcoming week can be approached with a low-risk strategy like modified Put Butterfly in Nifty.
- May 29, 2023 07:38 AM IST
The stock has reported highest monthly gains since last July. The rally in May was seen after witnessing consolidation for previous the two months
- May 29, 2023 06:47 AM IST
HDFC AMC has formed healthy bullish candlestick pattern on the daily charts with above average volumes, after Tweezer Bottom candlestick pattern formation in previous session, which is generally a short-term bullish reversal pattern. The stock climbed 5 percent to Rs 1,856 on the NSE.
- May 29, 2023 06:40 AM IST
Cummins India has been a steady outperformer in the capital goods space for the last many months now. The stock has seen a series of ‘Higher Highs Higher Lows’ in all time frame charts without any major correction.
- May 28, 2023 06:57 AM IST
Persistent Systems has been one of the most resilient names as the IT index has been going through turmoil for almost 18 months. The stock has staged a breakout from ‘Cup and Handle’ pattern and is expected to head towards Rs 5,600-5,700
- May 27, 2023 09:10 AM IST
When India VIX is trading very low, like now, and option writing is really unattractive, turn to credit spreads
- May 26, 2023 05:13 PM IST
Considering the roaring bulls, the next target to watch out for would be 18,700, the high of mid-December, with immediate support of 18,400 mark, experts said.
- May 26, 2023 06:50 AM IST
Zomato shares gained 4.4 percent to settle at Rs 67.30, the highest closing level since December 2 last year, and formed long bullish candlestick pattern on the daily scale with above average volumes. The stock has given a nice breakout for the Mother candle of May 9, which is a positive sign, with trades above all key moving averages.
- May 26, 2023 06:37 AM IST
Exide Industries is currently trading at 52-week – high which tells that the stock already is in strong momentum.
- May 25, 2023 05:34 PM IST
As long as the index holds 18,200, the momentum is likely to continue amid ongoing consolidation, with upper resistance at 18,500 mark, experts said.
- May 25, 2023 06:32 AM IST
Mahindra CIE Automotive was also in action, rising 4.7 percent to end at record closing high of Rs 474.3 and formed long bullish candlestick on the daily charts with huge volumes. The stock has broadly maintained higher highs higher lows formation since the end of March.
- May 25, 2023 06:18 AM IST
Engineers India stock has experienced a consolidation breakout on the daily chart, indicating a potential shift in its price trend.
- May 24, 2023 05:23 PM IST
If the Nifty50 manages to give a decisive close above 18,400, then further rally can't be ruled out. But dropping below 18,200, which is a near term support, can induce selling pressure as well as consolidation, experts said.
- May 24, 2023 03:08 PM IST
The stock also formed bullish candlestick pattern with long lower shadow on the monthly charts, indicating buying at lower levels, with continuing higher highs formation for fifth consecutive month.
- May 24, 2023 06:15 AM IST
Divis Laboratories continued to see healthy volumes for yet another session. It jumped 3.7 percent to Rs 3,385.8, the highest closing level since May 10 and formed long bullish candlestick pattern on the daily scale for second consecutive session.
- May 24, 2023 06:05 AM IST
In Paytm, the breakout of an ascending triangle formation is generally considered a bullish signal. This pattern consists of a flat top resistance level and upward sloping support, indicating potential buying pressure.
- May 23, 2023 05:19 PM IST
If the Nifty50 consolidates and sustains 18,300 mark, then further upmove towards 18,500 can't be ruled out in coming sessions, with crucial support of 18,000-18,200 area, experts said.
- May 23, 2023 07:09 AM IST
Following the stock's decline to a low of Rs 1,908 levels in March, the price experienced a notable recovery, forming higher bottoms
- May 23, 2023 06:35 AM IST
Elgi Equipments has formed robust bullish candlestick pattern on the daily scale with significantly higher volumes. In fact, the stock has seen not only downward sloping resistance trendline breakout but also Mother candle breakout on the daily charts.
- May 23, 2023 06:27 AM IST
IDBI Bank has been forming higher top higher bottom candlestick pattern on the weekly chart since July 2022. Momentum Indicators and oscillators are showing strength in the stock.
- May 22, 2023 05:12 PM IST
Considering the momentum, if the index sustains 18,300 mark, then 18,400-18,500 are the next levels to watch, whereas the support area for the index remains at 18,000-18,200 levels, experts said.
- May 22, 2023 08:30 AM IST
The 18,050-18,000 level was safeguarded firmly, showcasing the importance of pivotal support and is expected to act as a sheet anchor in the comparable period. On the higher end, 18,400-18,450 is likely to act as the sturdy wall and a decisive breach would only trigger fresh longs in the system in future
