BHARTIARTL Multiyear breakout registered targets 827
MCDOWELL-N Resuming its Uptrend, trgt 869..................
HAL Likely to resume upward journey, trgt 1589.............
ITC Breaks out of prolonged consolidation, trgts 316...........................
ABB Attractive chart setup trgts 2422................
ABB edging higher..............trgts 2420.........
The NIFTY OIL And Gas index has witnessed a vertical fall from January 2023 high at 8671 and in the process has retested the lower band of the prolonged sideways consolidation that began from the February-2022 low at 6943 level. The price correction that led to a sharp fall of more than 17 percent on the overall basket has halted at or around the lower support...
...........................................trgts 660-500..........................................
In the past week, the 50-share pack kicked off with 93 points gap up at 17953 level and consolidated within the boundaries of 18142 where the highest point was marked and 17761 which acted as the lowest point reached during the week. The final tally stood in favour of the bulls, as the index settled on a positive note gaining 97 points against the week before to...
BATAINDIA Poised for a Bullish breakout, targets 2130
The equity index felt pressure from the very first trade and as the day advanced, it was pushed below the level of 17700 to mark a fresh two months low at 17761 level. After falling for more than 184 points from the day's high marked at 17946 level, the benchmark index posted some decent recovery, as a result of which it succeeded to defend the crucial support...
The India's major index NIFTY50 started on a tepid note at 17924 and remained jittery throughout the session to finally settle at 17888 level with a minute loss of 18 odd points against the day before. The index behaved wildly during the first hour of the trade wherein after hitting a bottom at 17824 it moved up sharply to mark an intraday high at 17976 level....
FEDERALBNK Registers a bullish breakout......................trgts 139.65
TVSMOTOR Poised for sharp surge...............trgts 1075.90
Forming a bullish price action sequence of higher highs at lows Registers a bullish consolidation breakout that hints at the resumption of a strong uptrend Targets 3165-3269 Likely