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General Insurance Corporation of India has seen a decisive breakout of horizontal resistance trendline on the daily charts. The stock has formed robust bullish candlestick pattern with strong volumes and traded above all key moving averages.
Sushant Bhansali expects the interim budget to strike a balance between road, railways and other infra projects
Sun Pharmaceutical Industries formed healthy bullish candlestick pattern on the daily timeframe with above average volumes and traded above all key moving averages.
The Bajaj Finserv Asset Management CIO says railways might be the focus of capex announcements in the interim budget, which would likely be a muted affair
Considering the overall chart structure, the expert anticipates short-term volatility and recommends buying Nifty at support near the 21,100 – 21,000 zone for an upside potential ranging from 21,500 to 21,850 levels.