Page 17 - Technical Research News Today

It's not just politicians and global celebrities who suffer the consequences of AI-generated images: they can affect anyone with a social media presence.

Nifty formed a long bull candle on the daily chart on Thursday weekly expiry. Once it breaches 23,000, the index might move towards 23,500 in the short term. Nifty has broken above 22,750 - 22,800 resistance zone and is eyeing the upper end of the rising channel placed at 23,100 – 23,150

Financial stocks powered up Indian blue-chip indices on Thursday, taking them to all-time highs. Short-term moving averages are expected to support the indices on any decline. Nifty formed a long bull candle on the daily chart. The MACD showed bearish signs on the counters of Vadilal Industries, Bharat Rasayan, Godrej Properties, Maithan Alloys, Mrs Bectors Food Specialities, Astral, and Ajanta Pharma.

Let's get this show on the road.

The market has reached near the crucial resistance of 23,000 on the Nifty 50, and it needs to give a strong close above the same for further upward journey from hereon.

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The overall bias remains on the positive side, and the Nifty seems to have stabilised near the 22,500 zones in the last 2-3 sessions despite volatility.

Indian equity indices opened in the red on Wednesday after early trades.At 9:50 a.m., Sensex was down 53 points or 0.07 per cent, at 73,900 points and Nifty was down 25 points or 0.12 per cent, at 22,503 points.Midcap and small stocks ...

The rally in the Nifty is likely to continue and it can test the next resistance level of 22,600 immediately. Eventually, it is expected to re-test the previous all-time high levels of 22,800.

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