Bullish momentum brewing? 80% of NSE500 stocks now above 50-day average, says Axis Securities

Bullish momentum brewing? 80% of NSE500 stocks now above 50-day average, says Axis Securities

India’s equity markets extended their winning streak for a seventh consecutive session on Wednesday, with a bullish breadth signal flashing across the broader market. According to Axis Securities, more than 80% of the stocks in the NSE500 index closed above their 50-day moving average—a technical threshold that historically suggests broad-based positive momentum. Axis Securities noted … Read more

Nifty Bank falls over 1%, closes below 50-DMA; important levels to track on Friday: Experts

Nifty Bank falls over 1%, closes below 50-DMA; important levels to track on Friday: Experts

The Nifty Bank fell over 1% on Thursday tracking weak global cues to close below its crucial psychological support of 48,000. The banking index fell 533 points to close at 47,487 while the Nifty50 saw a decline of 345 points to close below the 22000 mark. IDFC First Bank, PNB, HDFC Bank, and IndusInd Bank … Read more

Golden Crossovers: Sterlite Technologies among 4 stocks signaling further bullishness – Bullish Signals

Golden Crossovers: Sterlite Technologies  among 4 stocks signaling further bullishness – Bullish Signals

Kotak Mahindra Bank. Share Price 1769.60 03:59 PM | 20 Oct 2023 31.15(1.79%) IndusInd Bank. Share Price 1469.10 03:55 PM | 20 Oct 2023 18.75(1.29%) Tata Consultancy Services. Share Price 3494.55 03:59 PM | 20 Oct 2023 38.91(1.12%) SBI Life Insurance Company. Share Price 1362.65 03:58 PM | 20 Oct 2023 14.50(1.07%) NTPC. Share Price … Read more

Golden Crossovers: Sadbhav Engineering among 3 stocks signaling further bullishness – Bullish Signals

Golden Crossovers: Sadbhav Engineering among 3 stocks signaling further bullishness – Bullish Signals

Bajaj Finserv. Share Price 1634.65 03:59 PM | 06 Oct 2023 92.11(5.97%) Bajaj Finance. Share Price 8168.55 03:59 PM | 06 Oct 2023 317.66(4.04%) Titan Company. Share Price 3309.75 03:59 PM | 06 Oct 2023 93.25(2.89%) IndusInd Bank. Share Price 1434.80 03:59 PM | 06 Oct 2023 32.96(2.35%) Tata Consumer Products. Share Price 874.75 03:57 … Read more

Golden Crossovers: ACC among 4 stocks signaling further bullishness – Bullish Signals

Golden Crossovers: ACC among 4 stocks signaling further bullishness – Bullish Signals

Bajaj Finance. Share Price 7819.85 03:59 PM | 25 Sep 2023 348.50(4.66%) Tata Consumer Products. Share Price 900.60 03:59 PM | 25 Sep 2023 22.86(2.60%) Bajaj Finserv. Share Price 1577.40 03:59 PM | 25 Sep 2023 33.71(2.18%) Apollo Hospitals Enterprise. Share Price 5097.05 03:58 PM | 25 Sep 2023 107.50(2.15%) Coal India. Share Price 288.05 … Read more