Vinay Rajani, a seasoned expert holding the esteemed Chartered Market Technician (CMT) designation, serves as a senior technical and derivative analyst at HDFC Securities. He has more than 16 years of experience in the Financial Markets. Vinay's contributions have significantly impacted the financial landscape, making him a respected name in the industry.
Vinay Rajani, a seasoned expert holding the esteemed Chartered Market Technician (CMT) designation, serves as a senior technical and derivative analyst at HDFC Securities. He has more than 16 years of experience in the Financial Markets. Vinay's contributions have significantly impacted the financial landscape, making him a respected name in the industry.
Nifty 50 today: Any level below 24,300 would confirm the bearish trend reversal for the short term, which could drag the Nifty towards an immediate support of 24,180, says Vinay Rajani
Nifty today: The short-term trend on Nifty index is still bullish as it is placed above its 5, 10 and 20 days EMAs
Analyst has suggested buying two banking stocks; Check out the target price and stop loss
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
Bank of Baroda stock price has broken out from the downward sloping trend line on the daily chart
Bank of Baroda's price has broken out from the downward sloping trend line on the daily chart. Stock price has risen with the jump in volumes.
Nifty has started forming lower tops and lower bottoms on the daily chart. Nifty also closed below the previous swing low of 24567, which could drag the index to the lower levels
Vijaya Diagnostic is placed above all important moving averages. Stock has entered in to bullish momentum zone
Nifty has retraced 23.6 per cent of the entire fall seen from its all time high. Nifty has also closed near its 50 DMA(25,045).
Coforge is placed near its all-time high and has been outperforming the IT sector
Nifty has formed a spinning top like pattern on Sept 24 after remaining in a 125 points range. Nifty could now face resistance from 26,250 while 25,611-25,791 band could offer support
CEAT is on the verge of breaking out from inverted head and shoulder pattern on the daily chart. Price rise was accompanied by healthy volumes
Trend of the Nifty is bullish and long positions should be held with 24,875 stoploss on closing basis. On the higher side, 25,078, 25,300 and 25,500 are the next resistances.
Vijaya Diagnostic has broken out from symmetrical triangle on the daily chart. Price rise was accompanied by healthy volumes
Stock price of Torrent Power is on the verge of breaking out from falling wedge pattern on daily chart. On 31 st July 2024, Stock Price broke out with jump in volumes
Nifty gave up early gains on Aug 06 to end in the negative. In the process it formed a pattern known as Bearish side by side black candle.
JB Chemical's price has surpassed the crucial triple top resistance placed in the range of Rs 1,920-1,930. Stock has broken out from broken out from the consolidation, which held for last four months.
From the low, Nifty recovered 470 points towards 24544 and ended the session at 24479.
Lauras Labs price has broken out from downward sloping trend line on the weekly chart. Price rise was accompanied by healthy volumes
Birlasoft stock price has broken out from the consolidation, which held for the previous two weeks. Price breakout is accompanied by rise in volumes