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Over the short term, the Nifty 50 may trend towards 22,650. Support is positioned at 22,350 on the lower end.
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Over the short term, the Nifty 50 may trend towards 22,650. Support is positioned at 22,350 on the lower end.
L&T Technology Services has seen a breakout of long downward sloping resistance trendline adjoining highs of January 4, 2022 (record high), and February 12 this year. The stock has formed long bullish candlestick pattern on the daily charts.
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Traders are advised to accumulate longs in Nifty with a stop-loss of 22,000 on the closing basis.
DLF formed long bullish candlestick pattern on the daily timeframe with higher volumes. It has completed recouped its March losses due to buying in last few days, and traded above all key moving averages.