Aptech Ltd, part of the education industry, has fallen more than 30% from May 2023 highs and has taken multiple support above 240 levels and bounced back which suggests that the stock has bottomed out. Short-term traders can look to buy the stock for a possible bounce back towards 300 levels in the medium term, … Read more
Exide Industries Ltd, part of the heavy electrical equipment space, has rallied more than 20% in the last 3 months which helped the stock to breakout from a multi-year swing high formed in 2018. Short-term traders can look to buy the stock on dips for a possible target of Rs 372 in the next 3-4 … Read more
Sun Pharmaceutical Industries. Share Price 1294.30 01:39 PM | 02 Jan 2024 33.71(2.67%) Divi’s Laboratories. Share Price 4017.05 01:39 PM | 02 Jan 2024 101.16(2.58%) Coal India. Share Price 391.85 01:39 PM | 02 Jan 2024 9.65(2.52%) Cipla. Share Price 1277.25 01:39 PM | 02 Jan 2024 26.25(2.09%) Oil And Natural Gas Corporation. Share Price … Read more
Bharti Airtel Ltd, part of the telecom industry, hit a fresh record high in December 2023 but pared gains as investors preferred to book profits but the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target above 1100 levels … Read more
Divi’s Laboratories Ltd, part of the pharma industry, gave a breakout from an inverse Head & Shoulder pattern on daily charts to hit a fresh 52-week high last week which suggests that the trend is in favour of bulls. Short-term traders can look to buy the stock for a possible target above 4000-4300 levels in … Read more
Stock exchanges will be conducting a special live trading session on January 20 (Saturday), in a move to switch over to the Disaster Recovery (DR) site. This aligns with the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories, outlined by the Securities and Exchange Board of … Read more
Narayana Hrudayalaya Ltd, part of the hospital sector, has fallen by about 10% from its record high and is consolidating in a narrow range forming a Flag-like pattern on the daily charts. The stock is on the verge of a breakout from a Flag pattern. Hence, short-term traders can look to buy the stock for … Read more
NEW DELHI: Dalal Street is expected to see range-bound trading this week in the absence of any major trigger either on the domestic or global front, say analysts. “Though the market has been moving up it seems to be running out of steam as the indices are still moving within a strong range,” according to … Read more
Asian Paints Ltd, part of the paint industry, might be down marginally from the July 2023 high but chart pattern suggests that the stock is gaining momentum and should be able to hit fresh record highs in 2024. Short-term traders can look to buy the stock now or on dips for a possible target above … Read more
Mumbai: Indian equities surged almost 1% on Wednesday to close at record levels, mirroring the strength in global markets, which have been boosted by optimism over the likelihood of interest rate cuts next year. The Sensex closed above 72,000 for the first time, while the Volatility Index or VIX – a popular fear gauge – … Read more
