Money Control
Bank Nifty will continue to maintain a sideways to bullish bias unless the key support area of 48,650 is breached intraday.
MCX stock has already seen aggressive short covering followed by long addition immediately after the breakout, the pace of up move from here on can be
A short build-up was seen in 76 stocks, including Bata India, REC, LT Technology Services, Wipro, and Sun TV Network.
In FY24, volumes at IEXgrew 13 percent while PXIL volumes have fallen 10 percent and HPX volumes grew more than 3 times on an annualised basis.
Indian hotels stock has indicated a negative divergence on the daily chart with the RSI slipping down with a negative trend reversal pattern.
The Sensex was up 382 points at 75,124.28 at open on April 9. This latest 5,000-point run in the index comes after just 82 days. Sensex had crossed th
The overall range for the coming few sessions could be 22,950 on the upside and 22,550 on the downside.
Overall bias remains positive, as the highest concentration in 1600 CE and 1550 CE highlights accumulative stance, says Avdhut Bagkar of StoxBox
Based on the OI percentage, a total of 60 stocks were on the short-covering list. These included Godrej Properties, Eicher Motors, Bharat Forge, Balkr
Newer indices like Midcap have lower liquidity, meaning even moderate selling pressure may not be readily absorbed causing abrupt spikes, said market
Newer indices like Midcap have lower liquidity, meaning even moderate selling pressure may not be readily absorbed causing abrupt spikes, said market
As long as the Index holds above its crucial supports placed at 48,250, the current positive momentum could extend towards the zone of 48,850-49,020.
Nifty formed an inside bar pattern on Friday implying that move above Friday’s high of 22,620 will lead to a short covering rally up to 22,800.
Growth in FY24 was broadbased with all indices and sectors delivering positive returns, says a report by the brokerage house.
Open Interest of more than 8.1 lakh shares indicates short covering once the stock crosses and sustains above 225-226
A long build-up was seen in 60 stocks, which included Tata Chemicals, Gujarat Gas, Mahanagar Gas, ICICI Lombard General Insurance Company, and Metropo
The recent consolidation in Nifty amid weak global cues indicates time-wise correction and traders should maintain a positive bias until the Nifty hol
In this week, BSE Sensex rose 596.87 or 0.81 percent to finish at 74,248.22 and touched record high of 74,501.73. Nifty50 index gained 186.8 points or
With RBI keeping key rates unchanged, which was the expected stance, Bank Nifty does not seem to have any barriers for a small bump on the upside.
The index is expected to revolve in the range of 22,350-22,550 for the near-term period, while any breach above 22,550 will trigger short covering tow
