Breakout from 240 would lead Bandhan Bank's stock to witness more upward movement
Whenever the Nifty pharma index has dipped below oversold territory on the Relative Strength Index (RSI), it has seen a stable rise.
VIX is meant to indicate investors' perception of the annual market volatility over the next 30 calendar days.
Mindtree will see an upside bias once it breaks out above Rs 920 levels
Nifty outlook and stock recommendations from Nilesh Jain, Technical and Derivatives Research - Equity Research, Anand Rathi Shares and Stock Brokers
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Whenever a stock witnesses higher volumes, which is normally stronger than earlier candles, it indicates severe pressure.
The study of the same recurring patterns in the financial markets assists in developing trading strategies
Ajanta Pharma's stock has seen a fresh breakout from the trading range of roughly 1350-1480 levels
The level of 11,050 should be followed as a stop-loss on a closing basis in Nifty longs
While news-driven movement in markets can be a bit difficult to gauge, but how the markets play out over a few sessions can be plotted on the charts to ascertain the overall trend
The overall trend in the paint stocks remains bullish and any corrective move may see buying opportunities.
Marico should be the stock to focus on
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The Nifty Midcap index may rally towards 21,000 levels
Simply put, a stop-loss is designed to limit an investor's loss on a stock. Setting a stop-loss order for 15 per cent below the price at which you bought the stock will limit your loss to 15 per cent.
The benchmark indices are holding the positive sentiment
Major hits were seen in front runners such as ACC Ltd, Ashok Leyland, and HDFC.
Most stocks are witnessing selling pressure at higher levels. If that gets conquered, a fresh upside of 3-5 per cent is expected to happen.
The dip in Nifty should be utilized as a buying opportunity for the target of 12,150