Ascending Triangle News Today

Dogecoin (DOGE) recorded a decline over the past 24 hours following the death of the Kabosu Dog (the original meme behind the project).

The 23,000 level is expected to play a key role in the Niftys further direction, and sustaining this level can take the index towards the upper band of the Rising Channel (i.e., 23,100-23,200), followed by 23,500, with support at 22,800.

Sensex, Nifty bounced back from days lows by nearly 1%. Hitachi Energy India, Oberoi Realty, Bharti Airtel were in focus on Thursday. According to an expert, Bharti Airtel seems to be consolidating in the range of 1,295-1,360 in the last few sessions.

Short-term traders can look to buy the stock for a target of Rs 2,380 in the next 1-2 months, suggest experts. The price fluctuations seen in the CDSL stock price resulted in the formation of an Ascending Triangle on the daily charts. The resistance was seen around Rs 2,000-2,050 levels.

Ashok Leyland recorded healthy gains for yet another session and formed strong bullish candlestick pattern on the daily charts with above-average volumes.

On Tuesday, Nifty weekly contracts had the highest open interest at 23000 for Calls and 22000 for Puts while monthly contracts had the highest open interest at 23000 for Calls and 22000 for Puts. The highest new OI addition was seen at 22400 for Calls and 22100 for Puts in weekly and at 22400 for Calls and 22100 for Puts in monthly contracts.

DMart share price today: DMart stock of the operator of DMart fell to a 52-week low of Rs 3353.05 on May 18, 2023. It scaled a fresh 52 week high of Rs 4888 today, gaining 45.77% from its yearly low.

Bharti Airtel was the biggest gainer in the Nifty 50. The stock has seen decisive breakout of downward sloping resistance trendline adjoining multiple touchpoints and traded above all key moving averages.

Zomato ended at new closing high and formed long bullish candlestick pattern on the daily scale with above average volumes. The stock traded above all key moving averages.

Silver price (XAG/USD) discovers support near $26.60 after a pullback from more than two-years high of $27.34.