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
Union Minister for Road Transport and Highways Nitin Gadkari's proposal to levy 'green tax' on old vehicles polluting the environment nudged investors to off-load auto stocks from their portfolio
Pidilite's stock is in a secular uptrend and has formed a bullish Harami candlestick pattern on the daily chart
The stock of HUL indicates a positive trend reversal on technical charts
Short term trend of the stock has turned positive where the stock price is trading above all important short-term moving averages
Sensex has already rallied 94.2 per cent (till Wednesday's closing) from its March low of 25,639
Nifty50 can witness profit booking only if it breaks level of 14,500
We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors
The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222
Bajaj Finance stock earlier formed a "double top" formation and, since then, has been witnessing a continuous fall
The chart looks attractive for further upside movement in SPARC with the RSI indicator also showing a trend reversal
Adani Enterprises, Berger Paints (I), Bharti Airtel, Eicher Motors, Grasim Industries are among the other notable names