Markets witnessed a strong one-way upmove, with both the indices seeing some spectacular moves on the upside. Nifty’s coming week expiry option chain reflects on PE writers actively adding their positions all the way till 15,000 strikes – overall more than 30 thousand contracts each, with CE writers standing tall at 17,400/17,500 zones, with over … Read more
, part of the life insurance industry, has fallen more than 28 per cent from its September 2021 highs which effectively places the stock in the bear grip. The technical setup suggests that the stock may see some more selling pressure; hence, short-term traders can look at selling the stock now for a target of … Read more
DVR, part of Tata Group, has fallen more than 20 per cent from its November 2021 highs effectively placing the stock in bear grip, but the chart pattern suggests that bulls are taking control at least in the short term. After hitting a 52-week high of Rs 298 on 17 November 2021, the stock failed … Read more
KEC International Ltd, part of the capital goods space, has fallen by about 20 per cent from its recent October 2021 highs, but a double bottom breakout in July on the daily charts suggests that bulls are trying to take control. Short-term investors can look at buying the stock now or on dips for a … Read more
Siemens, a heavy electrical equipment maker, witnessed a breakout from a six-month-long consolidation which suggests that the momentum is here to stay. The stock with a market capitalisation of more than Rs 91,000 crore hit a 52-week high of Rs 2,586 on 5 July 2022 which resulted in a breakout above the neckline of the … Read more
Sterling Tools, part of the S&P BSE small-cap index, rallied over 95 per cent in just the last three months and technical indicators point towards further upside in the next 6 months. The stock with a market capitalisation of about Rs 1,000 crore has been witnessing strong price action in the last week as well … Read more
Bank, part of the private sector banking space, has fallen over 30 per cent from its October 2021 highs firmly placing the stock in a bear grip and chart patterns suggest that the pressure is likely to continue. The stock with a market capitalisation of more than Rs 63,000 crore hit a 52-week high of … Read more
ITC, part of diversified FMCG space, rose 25 per cent in about 6 months compared to over 9 per cent fall seen in the Nifty50, and the momentum is likely to continue in the near-term, suggest experts. The S&P BSE Sensex stock hit a 52-week high of Rs 282 on 20 May 2022 but failed … Read more
Realty, part of the residential-commercial project industry, has rallied over 170 per cent in a year compared to a 9 per cent gain seen in the Nifty Realty index in the same period. Experts suggest the momentum is still not over yet. The real estate company bounced back after hitting a low of Rs 42.25 … Read more
might be down by about 30 per cent from its September 2021 highs, but the stock is showing early signs of trend reversal which augurs well for the bulls. The stock with a market capitalisation of more than Rs 56,000 crore hit a 52-week high of Rs 1,674 on 22 September 2021, but it failed … Read more