Page 44 - Senior Technical News Today

Stocks to watch: For Wednesday, share market analysts at different brokerages have assigned Buy calls on Granules India Ltd, Jubilant FoodWorks, JSW Energy and PNC Infratech. Check share price targets, investment rationale, technical analysis and more crucial details.

The MCX October gold futures were trading down by Rs 182 or 0.31% from the Tuesday closing price at Rs 58,250 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,110 per kg, lower by Rs 667 or 0.93%.

By ending 52 points higher, Nifty on Wednesday formed a bullish reversal pattern near the 50-day SMA (simple moving average) which indicated a strong possibility of a fresh uptrend rally from the current levels

Nifty remained largely range-bound throughout Tuesday as traders appeared uncertain, says Rupak De, Senior Technical analyst at LKP Securities.However, the short-term sentiment remains bearish as Nifty closed below the 21EMA. Looking ahead, the ...

Indian Bank has breached its recent consolidation range on the daily chart. The stock has sustained above its critical moving average, indicating positive momentum.

The MCX October gold futures were trading down by Rs 26 or 0.04% from the Mondays closing price at Rs 58,675 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,842 per kg, lower by Rs 308 or 0.43%.

The Nifty 50 closed at 19,664.70, down 10 points, or 0.05 per cent. The Sensex closed 78 points, or 0.12 per cent, lower at 65,945.47.

The inability of bulls to witness any sustainable upside bounce from here could eventually result in a decisive downside breakout of the present range movement

Nifty remained largely range-bound throughout Tuesday as traders appeared uncertain, says Rupak De, Senior Technical analyst at LKP Securities.However, the short-term sentiment remains bearish as Nifty closed below the 21EMA. Looking ahead, the ...

Share market analysts at different brokerages have assigned Buy calls on Reliance Industries, IRB Infrastructure Developers, HDFC Life Insurance Company and Mold-Tek Packaging. Check share price targets, investment rationale, technical analysis and more crucial details.