MUMBAI, 16 OCTOBER: Nifty ended the session at 23,146.15, up 0.65%, continuing a bullish candle with a long lower shadow. The index is holding above the daily Supertrend and the 20 SMA after clearing the breakout level of 23,000, and is now moving towards the 50 SMA. Nifty IT led the advance, gaining 11.72% for…
MUMBAI, 16 OCTOBER: United States stock indexes bounced back from deep early-session declines to close in positive territory. While the technology-heavy Nasdaq and the S&P 500 hovered near flat lines due to persistent artificial intelligence sector jitters, both managed to pare losses by the closing bell. The market stabilisation followed reassurance from sector leaders regarding…
Rating: ACCUMULATE Target Price : INR 9190 Upside : 12% CMP : INR 8207 (as on 15 Oct) MUMBAI, 16 OCTOBER: Polycab India (POLYCAB IN) posted its highest-ever Q2 sales, up 53% YoY, led by C&W and FMEG. C&W grew 47% with wires outperforming cables. Sales growth was driven by elevated copper prices, which rose…
શેરબજારોમાં જો ગુરુવારે શરૂ થયેલું આક્રમક ખરીદીનું વલણ જળવાઈ રહે, તો Niftyને 23,100ના લેવલે અને ત્યારબાદ 23,300–23,400ના ઝોનમાં રેઝિસ્ટન્સ (resistance) નડી શકે છે. નીચેની તરફ, 22,850 પર સપોર્ટ છે, અને ત્યારબાદ 22,600 પર સપોર્ટ છે, જે એક મહત્વપૂર્ણ સપોર્ટ લેવલ ગણાય તેવું ટેકનિકલ એનાલિસ્ટ્સનું માનવું છે. STOCKS TO WATCH: Tech Mahindra, Wipro, IIFL Finance, Persistent…
MUMBAI, 16 OCTOBER: Nifty formed a strong bullish candle, registering a higher high and a higher low, indicating a sharp pullback after the previous session’s consolidation. The index also closed above its 20-day EMA, signalling improving near-term momentum and a pause in the two-month corrective decline. After opening on a flat note, the index gained…
MUMBAI, 15 OCTOBER: Index has formed a small bearish candle with shadows in either direction signaling consolidation amid stock specific action after previous session strong up move. Nifty started the session on a flat note and then traded in a narrow range in the first half of trade. Index failed to move above last week…
MUMBAI, 15 COTOBER: U.S. stocks closed lower, led by technology, after a hotter-than-expected September CPI report raised fears of another Fed rate hike. Headline CPI rose 3.7% year over year against a 3.6% forecast. Core CPI rose 0.3% on the month and 2.6% on the year, both above forecasts, suggesting price pressures are spreading beyond…
NIFTY માટે 22,600–22,500નો ઝોન તાત્કાલિક સપોર્ટ તરીકે કામ કરે તેવી શક્યતા ટેકનિકલ એનાલિસિસના આધારે જણાય છે, ત્યારબાદ 22,300–22,200નો ઝોન એક મહત્વપૂર્ણ સપોર્ટ લેવલ તરીકે રહેશે. ઉપરની તરફ, 22,800નું લેવલ તાત્કાલિક રેઝિસ્ટન્સ તરીકે કામ કરી શકે છે, જ્યારે 23,000–23,100નો ઝોન એક મુખ્ય રેઝિસ્ટન્સ બની રહેવાની શક્યતા હોવાનું ટેકનિકલ એનાલિસ્ટ્સ જણાવે છે. STOCKS TO WATCH TODAY: ICICI…
