Technical Callls

The price has breached out of a consolidation zone and has given its highest daily close ever.

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

In the past two months, Grasim has consistently encountered resistance around the 2,800 level, indicating that it struggles to break past this mark

The Nifty 50 Index is expected to trade within a well-defined range between 25,235 and 24,700

Technical charts suggest that the bias for Gold is likely to remain positive as long as Rs 73,100 holds; while in case of Silver the bullish pivot stands at Rs 89,000.

Long build up is seen in the M&M Finance futures during the September series till now where we have seen 7 per cent rise in 'Open' interest with price rising by 5 per cent

Union Bank of India, Avenue Supermarts (DMart), CCL Products, FSN E-Commerce Ventures and Tata Power among 9 NSE stocks with bullish MACD crossover on the daily charts.

The Nifty IT Index is currently trading at 34,023.80, displaying a range-bound pattern in the near term

The Nifty Auto Index is currently exhibiting a weak near-term trend, as evidenced by a consistent pattern of lower tops and bottoms on the charts. This downtrend suggests that the index is struggling

In the process, volatility would remain high as expectations related to the General election outcome would have bearing on market direction in the upcoming truncated week

The Nifty Bank Index, currently trading at an unspecified price, has experienced a sharp correction on the charts recently. However, there are indications of a potential technical bounce in the near

The Nifty Auto Index, currently trading at 21,896.90, is exhibiting a downward trend on the near-term charts. Given this scenario, the optimal trading strategy would be to adopt a "sell on rise"

Analysing the Relative Strength Index (RSI) on weekly charts reveals a bearish signal, characterised by a pattern of lower tops and lower bottoms

Nifty fell marginally on April 09, forming a bearish dark cloud cover like pattern. While the fact that the Nifty keeps making fresh new highs is encouraging, it tends to give up intra day gains which

The Nifty Private Banks Index, currently trading at 24,395.25, is displaying indications of a correction in the near term

The Nifty Auto Index, currently trading at 21146.20, is showing signs of short-term underperformance, as indicated by its overbought condition and negative divergence on technical indicators

After a healthy correction of 13 per cent, Tata Steel stock has found support on its 50 days SMA and has bounced back

Nifty IT Index is facing significant resistance around the 35,800 mark. The recent correction in the market has initiated a downtrend in near-term, as per Ravi Nathani

SJVN, Tata Teleservices (Maharashtra) and TV18 Broadcast may rise 50 per cent on resilient charts

The trend among stocks in oversold regions remains highly fragile and could see more downside ahead