Stock Call

Nifty today: 21,800 likely to act as a key support while 22,500 remains the immediate barrier on the upside

L&T share price outlook: L&T is trading below the 20-MMA, and now testing support at 100-WMA. Chart also shows formation of 'Death Cross'; trade below this key moving average can trigger a fresh fall.

The metal peaked at $32.25 in the Asian session and slumped to $31.25 in the US session before recovering sharply in the wake of the Fed Chair Powell's speech

The metal was trading at $2,906, down nearly 0.40 per cent on the day, whereas the MCX April gold contract was changing hands at Rs 85,540, down nearly 0.32 per cent on the day

SBI is testing the weekly super trend line support after 81 weeks and the 20-month moving average support after 4 years. Chart suggests that the overall bias is likely to remain tepid below Rs 800.

Technical chart shows that NCC and Sonata Software shares were seen testing multi-year supports; break of the same can trigger a deeper fall at these counters. Check key levels for these 5 stocks here

On the weekly chart, Wipro stock has been in a steady uptrend since April 2023, reflecting a sustained bullish trajectory.

Reliance Industries stock was seen testing the 10-year support indicator around Rs 1,200 levels for the last two months; the stock has now gained over 5% from the lows, will the rally continue?

Nifty IT index remains range-bound, trading between 44,400 on the upper side and 42,800 on the lower side, while, Nifty Auto index is currently exhibiting a bearish trend in the near term

The metal consolidated its losses on Tuesday and was trading nearly 0.18 per cent up at $30.36 at the time of writing this report

The metal, closing 3.22 per cent lower at $2625 on November 25, traded between $2,605 and $2,642 on Tuesday and was down by nearly 0.20 per cent to trade at $2,620 at the time of writing this report

The Nifty Financial Services index is trading within a narrow range of 23,500-23,075, meanhwile, the Nifty Bank index is currently trading within a well-defined range of 50,650-49,800

The Nifty index, currently trading at 23,532.7, has undergone a sharp short-term correction, pushing it into oversold territory

Rajesh Bhosale of Angel One has recommended one auto stock and one hotel stock

Short build-up is seen in the Nifty Futures on Thursday, where we have seen 4 per cent rise in the open interest with Nifty falling by 0.11 per cent

Ajit Mishra gives trading strategy for November 14, recommends buying 2 stocks and selling one futures

With China's fiscal stimulus failing to excite investors, Silver is likely to be under pressure in the short term, even gold and copper prices weaken

Spot gold tumbled to the lowest level in nearly 7 weeks on November 12 as investors piled into risk assets on optimism over the US growth prospects with Trump at the helm

Nifty Energy is currently trading near critical support levels, around 37,700 and Nifty FMCG is showing a clear downtrend on the charts, with a key support level anticipated around 55,900

Nifty has remained oversold for some time and it may be late for some profit booking. We may still see sell on rises in the near term