Page 2 - Head Technical Analyst News Today

Adani Enterprises corrected 76 per cent after the Hindenburg report. It plummeted to a low of Rs 1,017 on February 3 but managed to recover 118 per cent since then.

Shares of Brightcom Group (BCG) have been hitting lower circuits since April 10, 2023. The stock closed at Rs 18.59 on BSE on Thursday, April 6, 2023.

YES Bank recently staged a breakout on the daily chart from a potential descending contracting triangle with a surge in volumes, signifying bullish bias in the price action.

Shares of Yes Bank have corrected over 39 per cent from its 52-week low of Rs 24.75, hit on December 14, 2022.

On Tuesday, shares of ITC rose 2 per cent as it hit Rs 395.15-mark, its new record peak. However, the stock had settled at Rs 388.70 on Monday.

Vedanta stock opened marginally higher at Rs 284.50 on BSE. It touched an intraday low of Rs 273, falling 3.12% on BSE.

Sun Pharma witnessed a breakdown from the Double Top pattern on lower volumes. Its recent 11 per cent decline from all-time high level was arrested near the support zone.

Vedanta stock, which stood at Rs 280.25 on March 15 was trading at Rs 274.75 in early trade today on BSE. Market cap of the firm fell to Rs 1.02 lakh crore.

BSE's Sensex plunged 398.18 points, or 0.69 per cent, to 57,527.10, whereas Nifty50 declined about 132 points, or 0.77 per cent, to 16,945.05 for the day.

Adani Enterprises stock tumbled 10.43 percent to settle at Rs 1,404.85 on the BSE. During the day, it tanked 11.94 percent to Rs 1,381.05.