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The Double Top is a bearish reversal pattern and forms after the asset (stock, index etc) hits two consecutive peak levels, with a correction in between that two peak levels (sort of M kind of formation).

New India Assurance Company has seen a decisive breakout of long downward sloping resistance trendline on the weekly charts and surpassed previous swing high of February 15, 2021.

Apart from FII flows, we have been witnessing good inflows from DIIs and rapid mobilisation of household savings that limits volatility, says Shreyas Devalkar of Axis MF.

The experts further advised to continue with the buy-on-dips strategy till the index holds 19,600-19,500 on the downside

From a technical standpoint, nothing has altered last week (ending November 24) as the Nifty was rangebound. Therefore, we continue to hold the belief that the outlook is to buy on dips.

In H2FY24, we will closely watch for volume growth across sectors, which may now be necessary as the scope of margin expansion through cost-cutting may be coming to an end, says Deepak Jasani, Head of Retail Research at HDFC Securities

Indian equities will continue to show strength on the back of strong earnings as well as easing of global macro conditions and 2024 will be a good year for the market, says Devang Mehta.

Inflation has come down while economy is showing a 3 percent+ growth. This is more like a best-case scenario for the US, says Divam Sharma.

Tata Technologies is among the leading companies in the engineering research and design sector which has seen a boom in recent years, says Darshan Engineer.

With the recent upward journey, Hero MotoCorp went closer to its high of February 2021 (Rs 3,629). The stock formed strong bullish candlestick pattern with minute upper shadow on the daily scale with healthy volumes.