After a blistering 12% rally on Friday, Waaree Energies is back in the spotlight. With the stock inching closer to its April 2025 peak, Anand James of Geojit believes this breakout attempt may finally stick, setting the stage for fresh highs. Edited excerpts from a chat with Anand James, Chief Market Strategist, Geojit Investments Limited … Read more
An attempt to break out of a month-long consolidation fizzled out as the Nifty declined and returned inside the trading zone it had created for itself. Over the past five sessions, the markets consolidated just above the upper edge of the trading zone; however, this failed to result in a breakout as the markets suffered … Read more
The easing of tariff concerns and geopolitical tensions between India and Pakistan, ending strongly in India’s favor without much escalation, strongly impacted the markets in a positive way. Nifty registering its biggest single-day gains in recent history. The markets maintained those gains and built on them further during the week. While the Nifty moved in … Read more
The Indian stock market ended lower on Friday, curbing its weekly gains, as broad sectoral losses and investor concerns over escalating geopolitical tensions following a deadly militant attack in Kashmir weighed on market sentiment. The benchmark BSE Sensex lost 588.90 points or 0.74% to close at 79,212.53, while the broader Nifty 50 index closed at … Read more
Indian frontline indices ended in the red on Friday, recording their second successive losses amid selling pressure in auto, bank, and FMCG stocks. The BSE Sensex fell by 588.90 points, or 0.74%, to 79,212.53, while the Nifty declined 207.35 points, or 0.86%, to end the day at 24,039.35.Commenting on the day’s action, Rupak De, Senior … Read more
A V-shaped recovery in equity markets is likely to continue with a bullish gap on daily charts suggesting a barrier at 23,700 levels, and a decisive breakthrough above could trigger bullish sentiment, enabling Nifty to reclaim the pivotal 24,000 level, said technical analysts. Stocks such as Bajaj Finance, Bharti Airtel, Eicher Motors, Grasim, HDFC Bank, … Read more
The markets had a wide-ranging week once again; however, they ended near its high point this time. The Nifty had ranged sessions for four out of five days; the last trading day of the week saw the Nifty swinging wildly before closing near its high point. The trading range also remained wider; the Index oscillated … Read more
Nifty formed a small negative candle on the daily chart with minor upper and lower shadow to indicate continuation of narrow range movement in the market. The weekly scale saw the formation of a high wave type candle pattern. The underlying trend of Nifty remains choppy. Having placed near the crucial supports around 24500 levels, … Read more
Benchmark indices Sensex and Nifty extended their losing streak for the sixth straight session and settled sharply lower on Monday dragged down by heavy selling in bellwether stocks amid mixed global trends. Stocks that were in focus include names like Macrotech Developers, which gained 1.3%, Naukri, which declined 2.4%, and Titan, whose shares were down … Read more
Target Price: Rs 2,700 Stop Loss: Rs 2,250 ACC appears to be following its 30-day harmonic cycle. According to the cycle analysis, the security halted its downward move on September 3rd. From September 4th onward, buying activity has increased, with subsequent days showing continued buying and rising volume, indicating strong buyer interest. The upward movement … Read more