Nifty Energy Index has been consolidating in the range of 14,730 - 13,750 since August. The formation seems like triple-bottom and a breakout would mean can take the index to 15,000 mark
Indigo is set to move towards its new all time high, while SpiceJet has absorbed selling pressure around higher levels
The Union Cabinet recently approved a subsidy of Rs 6,268 crore for the export of 6 million tonnes of sugar. The development triggered a rally in select counters
The stock has absorbed all the selling pressure in the range of Rs 760 - Rs 770 and is ready for a fresh upside. Although it witnessed mild selling above Rs 800, the overall trends still looks bullish
Trading strategies for media and entertainment stocks
Technical calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited - Investment Advisor
Tata Steel, Vedanta and SAIL have seen sharp fall in their stock prices in the recent months.
If the Nifty Bank index stays below 2,600 level for another week, then a major breakdown may lead to a long term bearishness, tech charts suggest.
As the market breadth turns negative, only sideways consolidation or V-shape recovery can revive the positive sentiment.
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
As It began successfully trading above 200 DMA, the counter has more than doubled rising 175 per cent to Rs 1,417
Front runners insurance stocks have seen higher Investor Interest
The RSI (Relative Strength Index) and Stochastic are momentum oscillators that identify strength and weakness of traded securities
Nifty outlook and top trading ideas by Sacchitanand Uttekar, DVP - Technical (Equity).
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A bullish divergence on RSI favours the upside momentum along with MACD, which is in a positive crossover
Spice Jet, if breaches Rs 110, then may see Rs 90 and Rs 84 in the near future
Technical Calls by Gaurav Garg- head of Research at CapitalVia Global Research Limited- Investment Advisor
RSI reflects opportunities of Buy and Sell whenever a stock/index exhibits a decent formation.