Stocks in news: SBI, Titan, Hyundai, BSE, Torrent Pharma, Axis BankIndian markets saw volatile trading on Thursday, closing nearly unchanged despite positive signals. Several companies including SBI, Titan,...
Bajaj Auto upgraded to ‘overweight’ by CLSA, stock up 3%Bajaj Auto share price has risen by 25.15% over the past year, but has dropped by around 7% in the last 6 months. In the past 3 months, the...
Tech View: Nifty sustains above 21-EMA. Here are cues for Wednesday’s tradeThe Nifty continues its upward climb, breaking through key resistance levels and signalling a growing bullish sentiment. Surpassing the 38....
Tech View: Nifty reclaims 21 DEMA, forms green candle. What should traders do on Monday?Indian markets closed higher on Friday, led by pharma and auto stocks. The Nifty ended at 24,131, with a range-bound movement between 23,90...
Trent shares correct nearly 11% in 2 weeks, 21% from peak. Is upside still capped?This downfall has been despite the company’s new brand launch called Pome, which sells lab-grown diamonds, and the company posting a 46% Yo...
Tech View: Nifty likely to witness continuation of pullback rally. Here’s how to trade on ThursdayDespite recent volatility, the index has found support around 24,000 and its 50-day exponential moving average, leading to a relief rally. ...
Tech View: Nifty ends above 21 EMA. What traders should do on ThursdayNifty saw a gap-up opening on Wednesday and call writers (bears) are seen exiting with additional PUT writers at all strikes from 21,500 un...
Nifty Options Radar: Deploy Long Straddle amid election volatilityNifty is below its 20 & 50 DEMA, 22,334 and 22,224 respectively and it will act as resistance in its upward bounce while on the downside th...
Tech View: Nifty faces major hurdle at 21-DEMA. What traders should do next weekLast month, the index found support around 21,780 levels, and the 100-Days exponential moving average (DEMA) is placed near 21,820. Therefo...
Tech View: Nifty ends below 50-DEMA. What traders should do on FridayA series of resistance could be seen from 22,150-22,200, followed by the 20 DEMA at 22,300 zone. The undertone certainly favours the bears ...
Tech View: Nifty ends near 20-DEMA. What traders should do on Thursday expiryObserving the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correc...
Tech View: Nifty ends week with Doji candle. What traders should do next weekThe Nifty index formed an indecisive Doji candle after finishing the week with a small loss of 14 points, reflecting a downward trend in th...
Tech View: Nifty50 forms bullish candle, sets eyes on 16,750The technical structure construes to be encouraging, as Nifty50 has been hovering in a slender range for the last couple of trading session...
F&O: India Vix falls 5%; options data indicates Nifty range at 8,800-9,500Bank Nifty opened negative and fell below the previous day’s low in initial trades.
- Buy Tata Consultancy Services for target of Rs 1115: Edelweiss
Buying is recommended at CMP of Rs 1046 with target of Rs 1115 and stop-loss of Rs 998,” the report said.
- Buy Rural Electrification Corporation for target of Rs 410:Aditya Birla Money
Aditya Birla Money is of the view that stochastic oscillator in Rural Electrification Corporation has formed a positive crossover very clos...
- Edelweiss expects Nifty to face resistance at 5100
Edelweiss is bullish on the market and expects the index to advance further and test crucial resistance of 5100.