Page 3 - Senior Technical News Today

Shares of multibagger Bharat Heavy Electricals Ltd (BHEL) hit their 52 week high in early deals on Friday. With today’s rally, the PSU stock has risen 254% in a year and gained 427% in two years. The multibagger stock, which closed at Rs 53.8 on April 28, 2022 climbed to a 52 week high of Rs 283.40 on BSE today. It is trading in the overbought zone, signals relative strength index (RSI) of BHEL stock which stands at 72.8.  Investors and traders are bullish on the stock as BHEL shares are trad...

For Monday, an analyst from a domestic brokerage has assigned Buy calls for HUDCO, Deepak Nitrite and City Union Bank shares. Check details.

This week, investors will closely watch the quarterly results of major companies, India’s infrastructure output, bank loan growth, deposit growth, and the US Fed interest rate decision.

Despite facing selling pressure from higher levels, the BankNifty index managed to defend the crucial support at 48000.

The current market sentiment reflects strong bullish momentum, with aggressive buying seen on dips, indicating dominant buyer activity.

The Nifty Bank fell nearly 300 points to close at 48,201 while the Nifty50 fell 150 points to close above 22,400 level.

Playwright David Adjmi and Will Butler, formerly of the band Arcade Fire, walk us through how they made the sound of the ’70s.

The Nifty Bank climbed above 48,000, a positive sign for the bulls, and the next big resistance is seen around 48,500, suggest experts. Traders can deploy a buy-on-dips strategy as the trend is largely on the upside.

New Delhi: Nifty made strong gains on Monday as the market sentiment was boosted by hopes of a normal monsoon and better-than-expected direct tax

The domestic equity markets stayed range-bound on Tuesday with BSE Sensex settled the day at 73,738, up 89 points or 0.12 per cent, while the Nifty 50 closed at 22,368, up 32 points or 0.14 per cent.The domestic market exhibited range-bound ...