Tata Motors has formed a fresh shorting pivot and is likely to resume the corrective phase.
JM FINANCIAL has re-tested the breakout zone of the recently made 'cup & Handle' pattern on the daily chart
We are not at all advising to go against the current trend; but at least taking some money off the table on existing positions is always a good ploy, he says
IndusInd Bank stock has managed to move past the 50EMA level of Rs 1,000 and improve the bias
Future Group stocks were locked in their respective lower circuit bands, triggering bearish moves in the counters
The stock of Laurus Labs is primarily in an uptrend and maintains the cycle of higher highs higher lows on all time frames
The stock price of JSW Steel has broken out on the daily line chart with higher volumes to close at all-time high levels
The Sunil Mittal-owned company reported a net profit of Rs 283.5 crore in the first quarter of the current fiscal (Q1FY22), which was much lower than the consensus estimates
IIFL Wealth Management is heading towards a new all time high, as per charts
Amara Raja Batteries has been trading with a corrective bias for the last eight months and recently tested the major support zone around Rs 690 levels
Hindustan Petroleum has seen a strong closing in the last trading session and is currently hovering between its short and medium exponential moving averages on the daily chart
Considering the historical trend, 'August' month is known for bigger moves. So it would certainly be interesting to see which direction market decided to move in
Parekh suggests buying and accumulating M&M stock for an upside target of Rs 820-850, keeping the stop loss of Rs 710
IEX is in a secular uptrend and is highly poised to test the uncharted territory
The stock price has broken out on the daily line chart with higher volumes to close at its highest level since July 16, 2021
A "Golden Cross" breakout indicates a firm bullish sentiment in the medium-term
Bharti Airtel has been trading in the consolidation range for the last two months after retesting the major support zone around Rs 520 levels
ITC has certainly provided a trend line breakout on all time frames and is anticipated to surge higher
It would be very important for the banking index to surpass the 36,000 mark to push the benchmark to new highs
The stock of TCS has corrected and has bottomed out near 3,170 level, taking base near the trendline support zone