The overall trend is optimistic till the Nifty PSU index defends the support of 2,000 mark on the closing basis
After the recent correction in Nifty IT, the index is gradually rising
With last week's smart rally, the daily chart now exhibits a 'Range Breakout' in Muthoot Finance
The stock of Nestle India has witnessed a gradual correction and has consolidated near the 200-DMA level of 16,950, maintaining a decent support.
The price hike has attracted the attention of market participants, now the stock needs to cross significant resistance to move ahead.
The stock price has witnessed running correction of 10 per cent from the recent high
Nifty, Bank Nifty and Financial Nifty indices have been forming candle with the small body for the last three consecutive sessions, which indicates that bullish momentum is getting lost
HDFC Life has been strongly maintaining an uptrend for the last one year and is currently trading closer to its record high
FM Nirmala Sitharaman announced Rs 1.18 trillion-financial allocation for the highways sector in Budget 2021. However, any delay in roll out of such growth-driven projects may wear-off the bull-run
We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber
The RSI indicator has indicated a trend reversal near the oversold zone to signal a buy in Hindustan Unilever (HUL) stock
Technical indicators RSI and MACD hint of fresh upside momentum in the IRCTC stock
The monthly chart shows a strong bullish sentiment if the stock closes above 95,000 levels
Ambuja Cement surged almost vertically from the support zone of the medium-term moving average (100 EMA) on the daily chart and made a new record high as well
While there is a possibility of consolidation in the Nifty50 index after a sharp rally, stock specific moves could continue on the upside
The momentum indicator RSI and MACD are very well in the buy mode in HDFC AMC stock
The stock price of Tata Power has witnessed running correction of 10 per cent from the recent high and has reached to a support level which, HDFC Securities believes, is a good buying opportunity
The momentum indicators and oscillators have reached the oversold territory in IRCTC stock, and are showing signs of reversal
Only a decisive close below 47,000 may accelerate selling pressure on the S&P BSE Sensex, charts show
A moving average, trendline, or gap-up breakout needs to have sparkling volumes to provide gradual rise