Breakout Stocks: How to trade Bharat Dynamics, BSE and Welspun Corp that hit fresh 52-week high?
The Indian market failed to hold the momentum and closed in the red on Friday. The BSE Sensex fell nearly 200 points while the Nifty50 closed … Source link
Breakout Stocks: How to trade Bharat Electronics, City Union Bank and APL Apollo Tubes that hit fresh 52-week high? – Market Summary
Recently, the stock gave a breakout from a wedge pattern on the weekly time frame. It is expected to move up by another 15–18% in the medium term. Support now stands in the Rs 1700–1650 zone. The RSI is yet to enter the super bullish zone on the weekly time frame. (Disclaimer: Recommendations, suggestions, views, […]
Breakout Stocks: How to trade Narayana Hrudayalaya, Indigo & Chambal Fertilizers that hit fresh 52-week high? – Market Summary
Narayana Hrudayalaya’s stock has faced rejection from its trendline resistance near the Rs 1,750 level on the intraday charts. A fresh upward move in the stock is likely only after a breakout above this resistance, with support situated at Rs 1,480. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do […]
Breakout Stocks: How to trade Biocon & BSE on Tuesday? – Market Summary
Analyst Disclaimer: Registration granted by SEBI, Membership of BASL and certification from National Institute of Securities Market (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in the securities market are subject to market risk, read all related documents carefully before investing. BASL Number – 1628 […]
Breakout Stocks: How to trade Adani Power, Adani Energy and Adani Total Gas on Wednesday? – Market Summary
Adani Total Gas stock was up by 6.4% today, but we suggest staying away from such stocks as we should never catch a falling knife. The stock reached a high of 4000 in January 2023 and is now trading at 670, which is a perfect example of wealth erosion for investors who don’t trade with […]
Breakout Stocks: How to trade Kaynes Technology, Dixon Technologies & Oberoi Realty on Tuesday? – Market Summary
Sectorally, buying was seen in consumer durables, capital goods, and realty while selling was seen in energy, IT, utilities, oil & gas and metals. iStock 5/7 Kaynes Technology: Target Rs 7,800 The stock had been trading in an upward channel since the low in November, but today we witnessed a breakout with heavy volumes, confirming […]
Breakout Stocks: How to trade Vedanta, Swan Energy and Eris Lifesciences on Thursday
The Indian market remained volatile throughout Wednesday’s trading session but ended flat with a positive bias. Sector-wise, buying was observed in auto, consumer durables, FMCG, and IT stocks. Stocks that hit fresh highs include Vedanta, which rose nearly 3%, Swan Energy, which closed with gains of over 9%, and Eris Lifesciences, which ended 1.4% higher […]
Breakout Stocks: How to trade Tech Mahindra, BSE and CDSL on Monday – Market Summary
Tech Mahindra is currently trading at its 52-week high, forming a bearish candle on the daily chart, signaling profit booking at higher levels. Although the stock is forming a bearish candle indicating profit booking, it remains above all major EMAs, suggesting strong support. The RSI (14) is above 60, indicating strength in momentum. A breakout […]
Breakout Stocks: How to trade Divi’s Laboratories, Ipca Laboratories and Glenmark Pharma on Monday? – Market Summary
Glenmark Pharma Ltd. is currently demonstrating a bullish trend, characterized by a higher high, higher low pattern—a strong technical setup. The stock has recently broken out from a rounding bottom formation on the weekly chart, with the latest candlestick displaying a long-bodied green candle, signaling potential upside momentum. This week’s formation of a bullish Marubozu […]
Technical Breakout Stocks: How to trade FDC, Bandhan Bank and Tata Motors on Tuesday? – Market Summary
Indian Railway Finance Corporation Share Price 195.72 09:18 AM | 30 Jul 2024 0.45(0.24%) One97 Communications Share Price 508.55 09:18 AM | 30 Jul 2024 14.5(2.94%) YES Bank Share Price 25.02 09:17 AM | 30 Jul 2024 0.08(0.29%) ITC Share Price 495.8 09:18 AM | 30 Jul 2024 -0.25(-0.06%) HDFC Bank Share Price 1603.25 09:18 […]