Chart Check: After 100% rally in 6 months, breakout from bullish flag pattern makes this IT firm a top buy

Chart Check: After 100% rally in 6 months, breakout from bullish flag pattern makes this IT firm a top buy

Zensar Technologies, part of the IT sector, has more than doubled investors’ wealth in the last 6 months to hit a fresh 52-week high in July 2023 and the chart structure suggests that the rally may not be over yet. The stock rose from Rs 216 recorded on January 17th, 2023, to Rs 438 as … Read more

Ahead of Market: 10 things that will decide D-Street action on Friday

Ahead of Market: 10 things that will decide D-Street action on Friday

Equity benchmark indices Sensex and Nifty ended lower in highly volatile trade on Thursday due to selling in banking, metal and energy counters amid a mixed trend in the global markets. Falling for the second day in a row, the 30-share BSE Sensex declined 194 points to settle at 62,428.54. Nifty ended below 18,500, while … Read more

Ahead of Market: 10 things that will decide stock action on Wednesday

Ahead of Market: 10 things that will decide stock action on Wednesday

With Nifty scaling past the key hurdle at 17,500 on Monday, bulls are now looking much stronger on Dalal Street. The positive momentum is expected to continue with Nifty eyeing 17,700 – 17,800 zones. Here’s how analysts read the market pulse: Ajit Mishra, VP – Research, Religare Broking, said Nifty has decisively surpassed the hurdle … Read more