Tech View: Nifty may rally towards 23,500 in short term. What traders should do on Friday

Tech View: Nifty may rally towards 23,500 in short term. What traders should do on Friday

Nifty ended the Thursday weekly expiry stronger by 370 points at record high levels to form a long bull candle on the daily chart. On the higher end, above 23,000, the index might move towards 23,500 in the short term. On the lower end, support is placed at 22,800; the strength could remain intact as … Read more

Tech View: Nifty forms High Wave candle. What should traders do on Saturday

Tech View: Nifty forms High Wave candle. What should traders do on Saturday

Nifty on Friday ended 62 points higher to form a High Wave type of candle on the daily chart. The index recouped losses of its previous week and is now eyeing reclaiming the lifetime high zone. The short-term trend of Nifty is positive and the next upside levels to be watched are around 22,700-22,800 levels … Read more

Tech View: Nifty forms high wave type candle. What traders should do on Thursday

Tech View: Nifty forms high wave type candle. What traders should do on Thursday

Nifty on Wednesday ended 17 points lower to form a high wave type candle on the daily chart. The index largely traded sideways and failed to generate any significant directional breakout. The short-term trend of Nifty continues to be up. Further consolidation or minor dip in the market is expected before showing further upmove. A … Read more

Tech View: Nifty may stage minor pullback. What traders should do on Friday

Tech View: Nifty may stage minor pullback. What traders should do on Friday

Nifty ended Thursday expiry weaker by 345 points as the index broke below both the lower boundary of its upward channel and the support of the 50-day exponential moving average (DEMA) around the 22,150 level. The daily chart saw the formation of a long negative candle. Nifty has been in a larger range movement of … Read more

2 Adani group stocks among counters with highest debt levels – In Focus

2 Adani group stocks among counters with highest debt levels – In Focus

Larsen & Toubro. Share Price 3010.00 03:59 PM | 28 Sep 2023 44.95(1.51%) Power Grid Corporation of India. Share Price 200.75 03:58 PM | 28 Sep 2023 1.41(0.70%) Bharti Airtel. Share Price 925.65 03:57 PM | 28 Sep 2023 5.40(0.58%) Axis Bank. Share Price 1030.90 03:57 PM | 28 Sep 2023 5.71(0.55%) Oil And Natural … Read more

Andhra Pradesh: Centre to fund Polavaram project as per the latest price levels

Andhra Pradesh: Centre to fund Polavaram project as per the latest price levels

Apart from sanctioning ₹12,911 crore for completion of the Polavaram irrigation project, the Union government has promised the Government of Andhra Pradesh to remove certain restrictions on payments, consider the latest price levels, and extend financial assistance for the damages caused due to unexpected flooding in the Godavari.  “There are three major points in the … Read more