November 20, 2023 07:52 AM ISTJIgar Patel thinks that Bank Nifty might break the October low in the coming 1-2 months.
November 20, 2023 06:45 AM IST Nykaa was the third largest gainer in the Nifty500, rising more than 9 percent with robust volumes after breakout of horizontal resistance trendline adjoining multiple touchpoints. The stock traded above all key moving averages.
November 20, 2023 06:31 AM IST Expert expects strong moves in the broader market; hence, one needs to have a stock-centric approach for better trading opportunities.
November 19, 2023 06:57 AM IST AI is finding demand among various Indian companies for technology, sales, customer support and marketing. These stocks may gain from the artificial intelligence play.
November 18, 2023 07:04 AM IST Expert expects to see derating in smaller PSBs as the surge in other income, the primary driver of superior RoE (return on equity) in FY23 could be transient.
November 17, 2023 05:22 PM IST Options data also indicated that 19,800-19,900 will be the resistance area for the Nifty50 in an immediate term, with support at 19,600-19,500 levels
November 17, 2023 07:31 AM IST Coforge has formed robust bullish candlestick pattern on the daily scale with above average volumes. In fact, there was a consolidation breakout in previous session, and now the stock traded above all key moving averages, which is positive sign.
November 17, 2023 07:10 AM IST The overall outlook for the Nifty Index leans favourably towards a positive scenario.
November 16, 2023 09:16 PM IST The options data suggested that 19,800-20,000 will act as a resistance area for the Nifty50, with immediate support at 19,700-19,600 levels
November 16, 2023 08:36 AM IST Looking ahead, the bullish sentiment is likely to persist as long as the index remains above 19,500.
November 16, 2023 07:52 AM IST Eicher Motors traded way above all key moving averages and largely maintained upward trend after a range breakout in previous week.
November 15, 2023 05:18 PM IST Options data indicated that 19,700-19,800 is expected to be an immediate resistance for the Nifty50, with support in the 19,600-19,500 area
November 15, 2023 09:53 AM IST Power Finance Corporation is overbought on both daily and weekly charts, says Milan Vaishnav of Gemstone.
November 15, 2023 06:41 AM IST Any correction towards 19,330 on the Nifty50 will offer a good opportunity to go long as it converges with 21DMA (19,348) as well as a bullish gap support area while the nearest resistance arrives at 19,550.
November 15, 2023 06:33 AM IST Hindustan Copper has seen a breakout of downward sloping resistance trendline and has formed robust bullish candlestick pattern on the daily timeframe with significantly higher volume.
November 15, 2023 06:20 AM IST Vinay Rajani of HDFC Securities expects markets to perform well in the coming times and dips should be utilised to go long as far as positional trades and investments are concerned.
November 13, 2023 04:45 PM IST On the weekly options front, 19,500 strike maintained the maximum Call open interest, followed by 19,600 strike, with Call writing at similar strikes, which indicating that 19,500-19,600 seems to critical resistance area for further upmove in the Nifty.
November 13, 2023 01:12 PM IST If the Nifty50 decisively holds 19,500 as well as moved above the falling resistance trendline, then the index can start marching towards the high of October at 19,850
November 13, 2023 07:56 AM IST Nifty in month of November can move between broad range of 19,700 – 19,100 levels, says Ashish Kyal.
November 13, 2023 07:04 AM IST Sobha formed robust bullish candlestick pattern on monthly charts, with making higher highs, higher lows formation for third consecutive month. The stock traded well above all key moving averages.
November 13, 2023 06:45 AM IST The stronger bullish momentum on the Nifty50 can be only witnessed above 19,750-19,850-zone.
November 12, 2023 11:19 PM IST Options data indicated that 19,500 is expected to be crucial for march towards 19,600-19,800 levels, with support at 19,400 & 19,300 levels.
November 12, 2023 03:46 PM IST Rohit Srivastava of Indiacharts feels if the Nifty picks up in the next few weeks, the momentum will go back to sectors like PSUs and Autos
November 12, 2023 03:24 PM IST The strength in bulls can be confirmed in case the Nifty goes above 19,450/19,460 levels, similarly for Bank Nifty the same can be seen above 44,000/44,100 zone.
November 12, 2023 01:56 PM IST Viraj Vyas advises creating a non-directional spread in Nifty50 by selling 1 lot of 19,100PE and 1 lot of 19,500CE.
