There was so much of hidden meaning in today's price action. Both banknifty and Nifty50 opened gap-up and then started falling. Banknifty fell 0.97% from High to Low, whereas Nifty fell 0.66% only. This fall is the 1st anomaly, this happened at a time when NiftyIT was roaring! It opened gap-up and was shooting up. Which goes to prove that either Reliance or...
BNB’s price at the same time last week was $307.79. It has moved by 1.24% in the past week and is currently at $308.85. Infact, in the past 24 hours, BNB has dumped by -1.70%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $490.92 in 2024. The total circulating supply of BNB as of...
Market Recap Nifty declined 0.57% to close at 18181.75 Bank Nifty declined 0.47% to close at 43698.70 India VIX declined 1.41% to close at 13.10
Once again banknifty has outperformed Nifty50, the intraday recovery from 14.30 to close facilitated by the bulls of the banks. The price action formed today is interesting, but it is not compelling for a sentiment change to bearish as the support of 43253 is still untouched. If you look at the chart pattern today, it was a decent continuation of the trend from...
Reliance industries is looking good for a short from current price for a short term duration(need good breakdown retest on daily time frame else invalid) , towards targets of 2350-2340 levels which is a major support zones , and a positional long can be considered from same levels with small SL of 3-4% and potential bigger reward on the upside
Market Recap: Nifty declined 0.61% to close at 18286.50 Bank Nifty declined 0.38% to close at 43903.70 India VIX advanced 0.91% to close at 13.29
SBI hits over 3-month high ahead of Q4 results; stock gains 8% in one month SBI is a sector proxy that benefits from its strong liability franchise and continued favourable sector tailwinds Shares of State Bank of India (SBI) hit over three-month high of Rs 590.10, up 1.4 per cent on the BSE in Tuesday's intra-day trade, ahead of its January-March quarter...
HDFC BANK looking good for a long , with just 3% of SL max and a good reward if goes as expected , SL is tight and small and am expecting the bank to make new all time highs very sooner
Market Recap Nifty advanced 0.10% to close at 18,314.80 Bank Nifty advanced 0.73% to close at 43,793.55 India VIX declined 2.74% to close at 12.85
About Company:- Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. Market Cap ₹ 33,655 Cr. Current Price ₹ 237 High / Low ₹ 304 / 200 Stock P/E Book Value ₹ 198 Dividend Yield 5.88 % ROCE 11.6...
About Company:- Datamatics Global Services Ltd is a global provider of Information Technology (IT), Business Process Management (BPM) and Consulting services. The Company provides business aligned next-generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational...
South Indian Bank jumps 12% after it clocks robust March quarter results In the past one month, shares of South Indian Bank soared 20 per cent, as against a 2 per cent rise in the S&P BSE Sensex In the past one month, shares of South Indian Bank soared 20 per cent, as against a 2 per cent rise in the S&P BSE Sensex. Earlier, the stock had hit a 52-week high of Rs...
Market Recap Nifty declined 0.10% to close at 18297.00 Bank Nifty advanced 0.33% to close at 43475.30 India VIX advanced 1.01% to close at 13.22
ABOUT COMPANY:- Incorporated in 1939, The Ugar Sugar Works Ltd. is engaged in the manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity. Primary trend of Ugar Sugar Works has been bullish, as stock is holding above long term moving averages. We have seen also a downward slopping trendline breakout on daily...
IndusInd bank trading in a bullish channel and now it is trading in mid range of that channel. Price also taken support at EMA 200 D is line. MACD and RSi also giving bullish crossover. So technically this is looking awesome on chart. Now talk about fundamentally, so here today was the result day and result is also attractive and the board of the bank also...
Market Recap Nifty advanced 0.27% to close at 18,315.10 Bank Nifty advanced 0.31% to close at 43,331.05 India VIX advanced 3.19% to close at 13.08
Tata Motors hits 52-week high ahead of Q4 results; soars 32% so far in CY23 Brokerage firms are expecting a strong recovery in Tata Motor's financials as supply-side issues are relaxing (for JLR) and commodity headwinds are easing (for PV and CV). Tata Motors is expected to report a healthy performance in Q4FY23 primarily tracking a recovery in wholesale volumes...
Positionally going short on ICICIBANK actual sell price @944 immediate stoploss @950 positional stoploss @961 Shall continue to hold the short below 926 for higher gains.