Nifty: How to trade RIL on results day and 3 stock ideas of the week from Rupak De of LKP Securities
Shares of Nifty heavyweight RIL, which ended last week 1% down, have formed an inverted hammer pattern following a sharp correction, indicating the possibility of a bullish reversal. “Sentiment may improve, and the price could recover unless it breaks below the recent low of Rs 2,722,” says Rupak De, Senior Technical Analyst, LKP Securities. RIL […]
How to trade newly crowned Navratnas: RailTel, SJVN, NHPC | News on Markets
3 min read Last Updated : Sep 02 2024 | 1:29 PM IST Shares of SJVN, RailTel and NHPC rallied up to 5 per cent in intra-day deals on Monday, after the Indian government granted the four Central Public Sector Enterprises (CPSEs), including Solar Energy Corporation of India to ‘Navratna’ status. The Navratna status […]
Technical Breakout Stocks: How to trade UNO Minda, KNR Constructions and Amara Raja Batteries on Friday
The Indian market closed in the green for the second day in a row on Thursday tracking positive cues. The S&P BSE Sensex rose nearly 700 points while the Nifty50 rose more than 200 points. Sectorally, buying was seen in capital goods, public sector, and realty stocks. Stocks that were in focus include names like […]
Technical Breakout Stocks: How to trade Siemens, Eicher Motors and RIL on Tuesday
Indian market closed with gains of over 1% on Monday, tracking positive global cues. The S&P BSE Sensex rose 560 points while the Nifty50 closed above 22,300 levels. Sectorally, buying was seen in capital goods, consumer durables, public sector, and healthcare stocks while selling was seen in utilities. Stocks that were in focus include names […]
Technical Breakout Stocks: How to trade TCS, InterGlobe Aviation and OFSS on Wednesday
Indian market recouped losses to close flat-to-higher on Tuesday. However, a sharp selloff was seen in the small & midcap indices, which fell 1-2%. The Nifty50 closed flat with a positive bias at 22,335 while the S&P BSE Sensex closed with gains of more than 160 points. Sectorally, buying was seen in IT stocks while […]
Technical Breakout Stocks: How to trade Hero MotoCorp, JBM Auto and Star Cement on Tuesday
Indian market witnessed selling pressure on Monday tracking muted global cues. The S&P BSE Sensex fell more than 500 points while the Nifty50 managed to hold on to 21,600 levels. Sectorally, buying was seen in healthcare and IT stocks while public sector, utilities, telecom and realty stocks saw some selling pressure. Stocks that were in […]
Technical Breakout Stocks: How to trade Cochin Shipyard, Capri Global and Hudco on Thursday
The Indian market closed deep in the red with losses of over 2% on Wednesday weighed down by weak global cues and muted earnings from banking heavyweight HDFC Bank. The S&P BSE Sensex plunged over 1600 points while the Nifty50 closed at 21,571, down 460 points on Wednesday. Sectorally, selling was seen in banks, metals, […]
Technical Breakout Stocks: How to trade Sobha, Mankind Pharma and Just Dial on Friday
Benchmark indices closed marginally higher on Thursday as investors remained on the sidelines ahead of key macro data announcements. The 30-share Sensex climbed 63 points to settle at 71,721 and the Nifty gained 28 points to 21,647. Sectorally, oil and gas, consumer durables, auto, and PSU banks were top gainers. Stocks that were in focus […]
Breakout Stocks: How to trade Adani Total Gas, Angel One and HAL on Thursday
The Indian market closed in the green for the seventh day in a row on Wednesday. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 20,900 levels to hit a fresh record high. Sectorally, buying was seen in utilities, power, oil & gas, IT and capital goods while healthcare, telecom, […]