Recently, Chennai Petroleum has formed a double-bottom pattern following a steep decline of 650 points, representing a 54 per cent price cut
Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart
From a technical standpoint, as Nifty slipped below the pivotal zone of 200 SMA, the next potential support could be seen around the recent swing low around 23200-23100
Silver price today: Outlook for Silver remains weak, but it is looking somewhat oversold currently; hence, caution is warranted in selling
Gold price today: Bears eye $2537 (Rs 74,000), the cycle-low made on November 14, for Gold. Resistance is at $2630 (Rs 76,700)
A long build-up is seen in the Torrent Pharma Futures, where we have seen an 18 per cent rise in the open interest with prices rising by 2.5 per cent
Stock Market Today: The Nifty IT Index is facing mixed sentiments post the recent Accenture earnings, which might uplift IT stocks temporarily. However, a closer look at the charts suggests caution
Nifty Today, Stocks to Buy Today: The Nifty has breached a critical support level at 24,300, and the sharp decline in the banking sector is exacerbating the weakness
Silver price today: The metal may briefly dip to $29.65 level (Rs 88,500) in the near-term, though downside may also be limited as China's stimulus hopes will support the metal
Gold price today: Spot gold is likely to consolidate ahead of the US FOMC monetary policy decision due tonight
Stocks to Buy Today, Dec 18: The Zomato stock has formed a bullish piercing pattern near key support levels and is headed up
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
We remain bearish on oil prices for 2025, although Opec+ extension may hold prices from steep fall in Q1-2025
Stock market today, Nifty today: Should a breakout above 24,775 materialise in Nifty50 index, the next resistance levels to watch will be 25,125 and 25,625, Nifty chart shows
Stocks to Buy for upside: We can see a Cup and Handle breakout in Bharti Airtel share price, further strengthening the bullish outlook
Gold price today: The World Gold Council, in a report released on December 12, stated that after a record-breaking year of 2024, the metal is expected to rise at a slower pace in 2025
Silver price today: Lack of China's specific details is bearish for Silver
F&O Trading, HPCL stock: The stock price has been forming bullish 'Higher Top-Higher Bottom' formation on the weekly chart
Stocks to Buy Today: Infosys share price has recently broken out of a three-month consolidation phase and reclaimed its all-time high. We expect this upward momentum to persist
Stock Market Today: The best trading strategy at this juncture is to book profits on the rise in Nifty IT index and wait for the index to retrace towards its support levels