Page 22 - Technical Analyst News Today

For Monday, analysts from domestic brokerages have assigned calls for Suzlon Energy, Greenpanel Industries and Adani Ports shares. Check details.

With the outcome of the general elections likely to be clear in less than a month, market experts anticipate a surge in volatility.

On the lower side, 22,350-22,300 is the immediate key support for Nifty and as long as this holds, the chances of consolidation with positive is seen.

The index is likely to find some resistance around the 22750-22800 levels while on the downside 22300 is likely to act as a crucial support.

Multibagger stock: South Indian Bank shares closed at Rs 28.08 in the current trading session, quadrupling investor wealth in two years. The banking stock hit a record high of Rs 36.91 on February 2, 2024 and fell to a 52 week low of Rs 14.64 on May 10, 2023.

Highlighting the need for restructuring, Suzlon Energy said that the amalgamation would result in simplified group structure to further improve transparency.

For Friday, analysts from domestic brokerages have assigned calls for Tata Motors, Exide Industries and Tata Power shares. Check details.

Share market: Friday's market fall came ahead of the release of the US non-farm payroll data. Investors booked profit and there was a degree of caution, said Vinod Nair, Head of Research, Geojit Financial Services.

BHEL share price today: The PSU stock also touched its 52-week high for the sixth straight session today , signaling strong investor interest in the multibagger stock.

Stocks that were in focus include names like Star Health, which rose 1.69%, M&M, which increased 4.63%, and Tata Chemicals, whose shares declined 2.49% on Thursday.