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July 28, 2023 06:49 AM IST We have seen breakout of consolidation range in Poly Medicure, which has formed long bullish candlestick pattern on the daily scale with above average volumes. The stock ended at fresh record closing high of Rs 1,222, rising 6.7 percent.
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July 28, 2023 06:19 AM IST The overall trend of the Nifty index looks positive till it sustains above 19,562 levels and potential upside would be 19,991 followed by the 20,200 mark.
- July 27, 2023 05:16 PM IST
Now, the 20-day EMA or 19,500 can be the level to watch, which can act as a crucial support for Nifty in near term, as breaking of the same can open doors for correction up to 19,300 mark,
- July 27, 2023 06:31 AM IST
Key support for the Nifty was identified at 19,700, while resistance levels were observed at 19,900-20,000, providing crucial reference points for traders and investors.
- July 27, 2023 06:28 AM IST
Jyothy Labs has seen robust trading volumes in two consecutive sessions, and traded way above key moving averages (20, 50 and 200-day EMA - exponential moving average).
- July 26, 2023 05:15 PM IST
If the Nifty50 sustains five-day EMA of 19,738, the uptrend may continue and strong closing above 19,800 may help it drive over the much-awaited psychological 20,000 mark, experts said.
- July 26, 2023 06:34 AM IST
HEG formed bullish candlestick pattern with long upper shadow on the daily charts. The stock has seen a breakout of small downward sloping resistance trendline, which is a positive sign.
- July 26, 2023 06:36 AM IST
The 20-day moving average (20-DMA), which aligns with the 19,500 level, is crucial for Nifty as it serves as a critical support level.
- July 25, 2023 12:58 PM IST
DLF reported a presales of Rs 2040 crore which was flat quarter on quarter but down 76 percent compared to last year. However, analysts said it was in line with expectations.
- July 25, 2023 06:55 AM IST
Triveni Engineering & Industries has seen a strong gap up opening and formed bullish candlestick pattern with long upper shadow on the daily charts. It has seen smart breakout of consolidation range since December 2022, and closed more than 4 percent higher at Rs 317.
- July 25, 2023 06:45 AM IST
Nifty is still holding above 20, 50 and 100 day EMAs, which indicates the bullish trend on all time frames.
- July 24, 2023 04:30 PM IST
A fresh rally is possible only after the index goes past 19,750 but if it falls below the level, it can slip to 19,600-19,575, say experts
- July 24, 2023 07:46 AM IST
The psychological mark of 20,000 that was just missed last week remains an immediate hurdle, followed by the golden retracement target of 20,100 – 20,200
- July 24, 2023 07:26 AM IST
Bank Nifty is trading at an inflection point and 46,200-46,500 levels in the upside are very critical as only a close above 46,500 levels will confirm the overall larger breakout.
- July 24, 2023 06:44 AM IST
Zomato has taken a support at 20-day EMA (Rs 77.15) and climbed 3.5 percent to Rs 80.3. The stock has formed long bullish candlestick pattern on the daily charts with above average volumes.
- July 24, 2023 06:24 AM IST
The ideal strategy would remain to buy on dips and book profits at higher levels
- July 22, 2023 10:15 AM IST
Highest Call OI acts as upside hurdle and Highest Put OI acts as downside hurdle.
- July 22, 2023 06:43 AM IST
The Nifty50 is likely to take a support at 19,700 and if the said support gets broken, then 19,350 can be area of crucial support, while the resistance remains at 19,800-20,000 zone, experts said.
- July 23, 2023 06:13 AM IST
The trend is definitely positive, but considering the one-way rally of last several sessions, the possibility of some profit taking can't be ruled out in near term before we are getting into next leg of upmove, experts said.
- July 21, 2023 07:19 AM IST
The momentum is strong in Nifty Midcap index but short term consolidation is possible given that the indicators are overbought.
- July 21, 2023 06:48 AM IST
Nippon Life has seen a breakout of horizontal resistance trendline adjoining highs of June 30 and July 12, and formed a bullish candlestick pattern on the daily timeframe with above average volumes. Further, it has also seen a golden crossover this month.
- July 21, 2023 06:36 AM IST
The momentum indicator RSI has sustained above the 65 level on all the time frames like daily, weekly and monthly indicating strong positive momentum of the index.
- July 20, 2023 05:18 PM IST
The Nifty50 can easily surpass the 20,000 mark in coming session, with support at 19,800-19,700 levels, but the sustainability over 20,000 needs to be closely watched, experts said.
- July 20, 2023 07:02 AM IST
The airline has not only ensured capacity augmentation by placing huge orders for aircraft so that it has the required capacity for deployment as the Indian market grows but has also ensured profitable operations in an environment where most airlines have failed miserably
- July 20, 2023 06:49 AM IST
Finolex Cables continued its uptrend for yet another session, rising 9 percent to Rs 978 and formed healthy bullish candlestick pattern on the daily charts with significantly higher volumes. The stock has given a breakout of downward sloping resistance trendline adjoining highs of May 8 and July 13, which is a positive sign.
