Tech View: Nifty50 bulls eye more gains, 15,850 key hurdle ahead
The Nifty50 on Friday saw a gap-up start but could not add much to gains. The index ended up forming a small bullish candle on the daily chart. It ended…
Tech View: Nifty50 bulls indecisive; upside capped at 15,700
Nifty50 on Thursday formed an indecisive Spinning Top candle on the daily chart. Analysts said the index has entered a consolidation phase which may last a few days until the…
Tech View: Nifty shows no follow-up buying, reflects lack of strength
New Delhi: Nifty50 on Wednesday saw selling pressure, as it ended up forming a bearish candle on the daily chart. The index failed to see a follow through buying, following…
Down over 45% from recent high! Should you buy this metal stock now?
Metal stocks have been under tremendous selling pressure in the last few months. Shares of have fallen over 49 per cent from its recent March 2022 highs putting the stock…
Tech View: Nifty50 forms bullish candle; further upside possible on Wednesday
NEW DELHI: Nifty50 on Tuesday climbed nearly 2 per cent and formed a bullish candle on the daily chart. The index was stuck in a range of 15,200-15,400 for the…
Tech View: Nifty forms indecisive candle but analysts see recovery ahead
New Delhi: Nifty50 on Monday snapped a six-day losing streak and formed an indecisive candle on the daily chart. The advance-decline ratio for the broader market remained skewed in favour…
This RK Damani stock keeps commanding premium; analysts see up to 36% upside
Tata Group firm recently came out with its annual report, which suggested the retailer is pursuing growth aggressively, at all cost. The stock has performed exceptionally over the last five…
Tech View: Nifty50 falls below key support, trend negative
Nifty50 fell for the fifth straight day on Thursday and formed a long bearish candle on the daily chart that engulfed the previous session's candle. During the day, the 50-pack…
Meme favourite stock ITC just got upgraded to ‘Buy’; should you consider it?
After frustrating investors on Dalal Street over the last couple of years, shares of FMCG conglomerate have seen a 21 per cent rally in 2022 so far, especially at the…
Tech View: Nifty50 forms ‘Inverted Hammer’, recovery possible
New Delhi: Nifty50 on Tuesday formed an 'Inverted Hammer' candle on the daily chart, which at many a time is formed around bottoms, as traders remain sceptical about the initial…