Page 44 - Share Tips News Today

Varun Beverages has seen a nice decisive falling resistance trendline breakout in the initial period of trade on September 26 and has formed long bullish candlestick pattern on the daily timeframe with robust volumes.

Rate My Portfolio: Victoria Scholar gives her expert opinion on a reader’s investments

If the prices don’t cool off soon, this could be a partial dampener for overall equity sentiment in the short term, says Rahul Baijal of HDFC AMC.

For an intermediate bullish trend to hold, Nifty has to sustain above the crucial support of 19,550.

RBL Bank has seen a breakout of downward sloping resistance trendline adjoining highs of July 27 and August 30, with above average volumes for yet another session, indicating the possibility of further uptrend.

Going forward, 19,600-19,500 is expected to act as a crucial support for the Nifty50 in coming sessions, and if it manages to sustain above then the gradual upmove towards 20,000 can be possible, experts said

HDFC Bank has formed a Doji or High Wave kind of pattern on the daily timeframe, after significant correction in the previous two sessions, possibly indicating oversold levels.

Given the technical indicators and market sentiment, Vidnyan Sawant of GEPL Capital anticipates the Nifty to oscillate within the 19,605 to 19,878 range in the coming sessions.

Questor Wealth Preserver: An upturn in the economy will improve the company’s operating environment and should get the share price moving

Rate my portfolio: Victoria Scholar gives her expert opinion on a reader’s investments