The Nifty Bank index is on the brink of a potential breakout, with stiff resistance at 52,580, while, the Nifty Financial Services index is currently exhibiting a bullish trend
Coal India, Tata Elxsi, Schaeffler and ELGI Equipments have witnessed a 'Death Cross' pattern on the daily chart; hence are likely to face downward pressure going ahead.
In the previous trading session, it broke above the highs of the last four days, supported by a bullish divergence on the daily chart, which further strengthens the case for upward momentum
Bhosale recommends one auto stock and one fertiliser stock to buy today
The Nifty index has witnessed a sharp correction, positioning it firmly in the oversold zone, Nifty Midcap Select index is currently exhibiting range-bound behaviour
Traders are concerned that the Russia-Ukraine war is likely to take dangerous turns on escalating tensions
The Nifty FMCG index is currently exhibiting a downward trend in the near term, while Nifty Pharma index continues to exhibit a bearish trend in the near term
Adani Enterprises stock may re-test support around its 200-WMA, like it did post the Hindenburg allegations in Jan-Feb 2023, technical chart shows.
Zee Entertainment stock rose 9% in intra-day deals on Tuesday, and was on the verge of confirming a breakout on the daily chart yet again in 2024. The last 3 breakouts turned out be false, show charts
NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.
F&O cues for Nov 19: Rising Call-writing across 23,500-24,000 range underscores seller dominance, while diminishing Put-writing reflects cautious sentiment, said Dhupesh Dhameja of SAMCO Securities.
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
Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.
Havells has corrected 25 per cent in the past month, dropping 516 points from its peak of Rs 2,106
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
The NSE has approved the addition of 45 new stocks to the F&O; technical chart suggests that these 5 including the likes of Paytm, Zomato and Adani Total Gas can zoom up to 27% from present levels.
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
Reliance stock is down nearly 22% from its record high; historically, in the past decade, barring the 50% fall during Covid-19 sell-off, RIL stock has bounced back after a 21% correction.
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