Nifty: Nifty likely to trade in 25,800-26,650 range: Analysts

Nifty: Nifty likely to trade in 25,800-26,650 range: Analysts

Technical charts, weekly options data, and India VIX stabilising around 12 indicate consolidation with a positive bias for Nifty. The index is expected to trade in 25,800- 26,650 range this week, according to analysts. If Nifty holds above 26,350, buying is anticipated, pushing the index towards 26,600; while a dip below 26,100 could trigger selling, … Read more

Stocks to buy today: Vedanta, Bandhan Bank among top 10 trading ideas for September 27, 2024

Stocks to buy today: Vedanta, Bandhan Bank among top 10 trading ideas for September 27, 2024

The Indian market is set to trade higher on Friday, tracking positive global cues. The Nifty futures closed positively with gains of 0.85%, reaching 26,220 on Thursday. The volatility index, India VIX, cooled by 7.12%, settling at 11.84, indicating a decrease in market volatility. On the options front, the maximum Call Open Interest (OI) is … Read more

bharti hexacom shares: Big movers on D-Street: What should investors do with Bharti Hexacom, Jubilant Pharmova and Westlife?

bharti hexacom shares: Big movers on D-Street: What should investors do with Bharti Hexacom, Jubilant Pharmova and Westlife?

Equity indices Sensex and Nifty took a breather on Friday after a record rally in the previous session and ended marginally lower on the emergence of profit-taking. Stocks that were in focus include names like Bharti Hexacom, which rose 5.2%, Jubilant Pharmova, which gained 12%, and Westlife, whose shares jumped 6% on Friday. Here’s what … Read more

stock recommendations: 3 top stock recommendations from Rajesh Palviya for next week

stock recommendations: 3 top stock recommendations from Rajesh Palviya for next week

“For this September series, we expect the range for September series for Nifty is 24,800 on the downside and on the higher side 25,600, this is going to be the possible range for Nifty. For Bank Nifty, the immediate supply zone which is placed is around 51,500 which is very important level to cross on … Read more

This multibagger pharma stock turns Rs 10,000 to Rs 2.7 lakh in 10 years. Should you buy?

This multibagger pharma stock turns Rs 10,000 to Rs 2.7 lakh in 10 years. Should you buy?

Caplin Point Laboratories, which is engaged in developing and marketing a range of generic formulations, has seen a stellar rally in the last 10 year period, rising as much as 2,767%. Accordingly, if an investor had invested Rs 10,000 in the stock four years ago and stayed put, the investment would have jumped to 2.7 … Read more

Decoding Market Trends: Top 4 technical indicators which retail investors should know before trading

Decoding Market Trends: Top 4 technical indicators which retail investors should know before trading

In the complex world of financial markets, technical analysis is a crucial tool that helps investors understand market movements by examining indicators, chart patterns, and signals. This article explores the essential tools and methods of technical analysis, showing how they work together to guide strategic financial decisions. By mastering technical analysis, financial market participants can … Read more

Tech View: Nifty Put unwinding suggests correction ahead. Here’s how to trade on Thursday

Tech View: Nifty Put unwinding suggests correction ahead. Here’s how to trade on Thursday

Nifty on Wednesday formed a bearish engulfing pattern on the daily chart as the index ended 109 points lower but sustained above the immediate support of 10-day EMA around 24,180 levels ahead of the Thursday weekly expiry. The near-term uptrend status of the market remains intact. But the market seems to have started signs of … Read more

Tech View: Nifty traders await breakout on either side. Here’s how to trade on Friday

Tech View: Nifty traders await breakout on either side. Here’s how to trade on Friday

Nifty ended Thursday’s session 16 points higher above the 24,300-level to form a red candle with a minor upper shadow. The overall trend of Nifty remains positive as per smaller to larger time frame chart. Having placed at the hurdle of around 24400 levels (1.618% Fibonacci Extension), there is a possibility of this consolidation/minor dip … Read more

Tech View: Nifty needs a decisive move above 24,400. Here’s how to trade on Thursday

Tech View: Nifty needs a decisive move above 24,400. Here’s how to trade on Thursday

Nifty ended Wednesday’s session with a gain of 163 points to form a small negative candle but broke out of a sideways consolidation movement on the daily chart ahead of Thursday’s expiry. Having reached near the overhead resistance of around 24,400 levels (1.618% Fibonacci Extension), the market could shift into further consolidations/range bound movement in … Read more

Tech View: Nifty bulls getting tired at peaks. Here’s how to trade on Wednesday

Tech View: Nifty bulls getting tired at peaks. Here’s how to trade on Wednesday

Nifty ended Tuesday’s session with a small loss of 18 points to form a small red candle on the daily chart which indicated that bulls are getting tired at peaks. The overall trend of Nifty remains positive. Further consolidation or minor dips from here could be a buying opportunity, as per the bullish pattern of … Read more