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
The Nifty IT Index is exhibiting a bullish trend on the charts, while Nifty Auto is indicating that any decisive move above or below 24,250 and 23,250 levels could signal a new trend direction
In the past two months, Grasim has consistently encountered resistance around the 2,800 level, indicating that it struggles to break past this mark
HAL has undergone a corrective phase from its peak of Rs 5,659 towards the 200 SMA on the daily time frame chart, coinciding with the previous breakout zone. In the last couple of trading sessions
The Nifty Pharma Index is currently trading within a well-defined range between 23,800 and 22,700. A breakout above or below these levels will likely trigger a directional move
The Nifty IT Index is currently showing an upward trend on the charts, with the index nearing its weekly resistance levels for this week, which are expected to be between 39,925 and 40,000
The Nifty 50 Index is currently displaying a bullish trend on the charts. However, resistance is expected around the 24,800 level
All you need to know before market opens on Thursday: The S&P 500 crossed 5,600-mark, Asian shares rallied up to 1% this morning; FIIs pared long holdings in index futures; Ambey Labs to list
RVNL has retraced more than 61.8 per cent of the entire fall which was seen from the swing high of Rs 425 towards the recent swing low of Rs 312
The Nifty IT Index is currently trading at 34,023.80, displaying a range-bound pattern in the near term
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
Nifty formed a bullish candle on May 14, but did not close at its intraday high. It can now rise towards the 22302-22348 band while 22131 could offer support in the near term
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 50 Index, currently trading at 22,055.20, has recently undergone a sharp correction, leading to oversold conditions on near-term charts
The Nifty Metal index is now positioned very close to its resistance levels, which are located at 8,110 and 8,250
Nifty Auto: There is a preference for finding opportunities to go short below 20,300, considering the bearish trend observed in the near term on the charts
After a healthy correction of 13 per cent, Tata Steel stock has found support on its 50 days SMA and has bounced back
Resistance for Nifty Energy index is anticipated around 34,000 and 34,300, signifying potential areas where selling pressure may intensify, as per Ravi Nathani