BP is still grossly undervalued despite a 57pc share price rise. Keep buying
Questor share tip: BP’s focus on boosting returns for shareholders through a more pragmatic approach to investment is poised to pay off
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Questor share tip: BP’s focus on boosting returns for shareholders through a more pragmatic approach to investment is poised to pay off
The initial sessions of the coming week will be crucial to gauge Nifty reactions around the 22,100 - 22,150 zone.
SBI Life Insurance Company ended at new closing high and formed strong bullish candlestick pattern with healthy volumes on the daily timeframe, after a decisive breakout of horizontal resistance trendline.
Basis the Chart formations & relative strength modelling, Sudeep Shah expects Oil & Gas, Auto, PSU Bank, Pharma, IT & Defence space to continue outperforming the broader indices in the coming few weeks.
If the Nifty 50 climbs above 22,127, the previous record high, and sustains the level, then 22,300 could be the next hurdle on the higher side, followed by 22,500, while the immediate support will be at 21,950, followed by 21,750