Falling Channel News Today

Oil prices may remain under pressure as Hamas reportedly studies a proposal for a temporary cease-fire with Israel and plans to send a delegation to Egypt to continue negotiations.

Nifty recouped its initial losses and managed to close in the positive zone.

The NZD/USD pair finds a temporary cushion near 0.5966 in Thursday’s European session after falling vertically from the round-level resistance of 0.6100.

The Pound Sterling (GBP) falls slightly but broadly consolidates in a tight range above 1.2600 in Monday’s European session.

PB Fintech shares: Policybazaar demonstrated a bullish breakout above the small 'Falling Channel' pattern at Rs 1,145 on the weekly chart, signalling a positive bias.

Nifty50 closed at 22,494 with a gain of 115 points, forming a small bullish candle. Buying at support level of 22,200 is expected. Bharti Airtel, Bank of India, Bharat Electronics, and Pidilite Industries showed bullish breakouts, suggesting upside in the next 3-4 weeks.

The NZD/USD pair has fallen to near 0.6330 amid a surprise recovery in the US Treasury yields.

Sunteck Realty has risen over 43 percent this year, giving positive returns in 6 of the 10 months so far. LiveMint collated views of brokerage firms and technical analysts to understand whether the stock is a ‘buy’ at this juncture or not.

A breach 19,170–19,200 can lead to further weakness and the Nifty can slide to 19,050–19,000 in the near term. The sell-on- rise strategy is expected to favour traders until the Nifty surpasses 19,500, analysts have said

The USD/CAD pair has jumped sharply to near the round-level resistance of 1.3200 in the London session. The Loonie asset has picked significant bids a