Chartist Talks: Jigar Patel sees Bank Nifty at 51,000-52,000 by mid-May
The recent price action of Yes Bank indicates a significant development in its long-term trend, says Jigar Patel
Source: moneycontrol.com
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Top 10 stock ideas for May series when D-St bulls charge Nifty towards 22,800
As long as the Nifty 50 holds 22,300-22,200 levels on closing basis, the upward march towards 22,800 can't be ruled out in the coming sessions.
Source: moneycontrol.com
Chartist Talks | Jatin Gedia recommends short iron butterfly strategy for Nifty 50, Bank Nifty this week
For Nifty, 23000 appears more probable while 23,500 would be over optimistic in May series, says Jatin Gedia.
Source: moneycontrol.com
Trade Spotlight | Your play for Biocon, Havells India, Engineers India today
Havells India, for instance, saw a breakout of its falling resistance trendline adjoining the highs of March 2 and April 8, and formed a big bullish candlestick pattern on the daily timeframe with healthy volumes.
Source: moneycontrol.com
Hot Stocks: Here's why you should bet on Engineers India, NLC India
As for the Nifty, going ahead, immediate support is expected around last Thursday’s low of 22,300, which coincides with the 20EMA (20-day exponential moving average), followed by the pivotal support of the bullish gap around 22,200.
Source: moneycontrol.com