Page 18 - Share Tips News Today

In terms of sector preference, Gaurav Dua of Sharekhan says IT services, PSU banks and pharma sectors should outperform this year

A decisive move above 21,500 could potentially trigger a significant rally in the Nifty 50.

Aditya Birla Fashion & Retail has seen a nice breakout of consolidation and maintained upward sloping support trendline. The stock formed strong bullish candlestick pattern on the daily charts with healthy volumes.

Questor investment trust bargain: Law Debenture’s unusual structure has helped it to grow dividends by 8pc a year over the past decade

On the upside, 21,500 will be an immediate hurdle for the Nifty 50, while 20-DMA round 21,700 will remain a key challenge.

Sun Pharmaceutical Industries formed strong bullish candlestick pattern on the daily timeframe with healthy volumes, despite sharp market correction. The stock traded above all key moving averages.

One value fund manager explains the strategy behind his investment approach

In 2018, ZEE share was trading near Rs 600 and today after 6 years it is trading at Rs 160, so even long-term investors did not make money in this stock, which makes Amit Jain feel empathic for their pain.

The Adani group of stocks are interesting because a year back they went down on negative news, says Rohit Srivastava.

Balkrishna Industries has seen a breakout of long horizontal resistance trendline adjoining highs of September 23, 2021 and January 11, 2024. The stock formed strong bullish candlestick pattern on the daily timeframe with healthy volumes.