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State Bank of India has closed in an inside range of the previous month's candle with positive divergence and a doji candle indicating a breakout on the higher side.
ICICI Bank has been consolidating in a broader range of Rs 820-875 levels since the last two months, as prices can be seen fluctuating around its 200-day exponential moving average.
Analysts have identified a common factor among the three firms that prompted investors to lap up their shares — their relatively low valuations over the past few months.
As the Fed’s rate hikes are expected to continue, the odds of a recession this year are rising. Amid lingering macroeconomic headwinds, fundamentally weak stocks Aurora (AUR), Hut 8 (HUT),...
Titan Company has been trading lower and can be seen maintaining its downtrend with the formation of a lower bottom pattern on daily and weekly intervals.