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16th Feb 2023
Nifty has successfully closed above the Budget day high after 13 sessions reaching the sloping channel resistance line. It closed above the 20DMA for the second successive day. The strong bullish bar on the second day is has boosted th
15th Feb 2023
An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 2.5 lakh today. Nahar Polyfilms Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two years. Durin
Domestic benchmark indices were trading flat with outperforming sector being the BSE Auto Index. On Wednesday, the benchmark indices were trading flat with Sensex up around 30 points or 0.05 at 61,061.50, and the Nifty trading up by 17 points or
The Indian benchmark indices were trading flat with BSE Realty Index shining among all the sectoral indices. On Wednesday, the benchmark indices were trading flat with Sensex down around 45 points or 0.07 at 61,003.20, and the Nif
Nifty started the day with a gap up opening above 17800 and witnessed buying interest led by the IT stocks. The banking and Financials too picked up momentum later on which led to a continued momentum and Nifty crept higher to end the day well above
The Nifty closed above the last Thursday's high and formed a strong bullish bar and closed above the 20DMA decisively. Now, the Nifty is near the budget day's high of 17972. On a 0.89 gaining day, the Nifty future open interest declined by 4.28,
Nifty witnessed buying interest in the initial dip at open on Wednesday and the index traded with a positive bias throughout the day. With the support of IT sector and heavyweight such as Reliance, Nifty ended the day above 18000 with gains of about
14th Feb 2023
The Indian benchmark indices were trading higher with BSE IT Index shining among all the sectoral indices. On Monday, the benchmark indices were trading higher with Sensex up around 265 points or 0.44 at 60,696.20, and the Nifty trading
Domestic benchmark indices were trading higher while the outperforming sector was BSE Information Technology Index. On Tuesday, the benchmark indices were trading higher with Sensex up around 274 points or 0.45 at 60,699.99, and th
After two consecutive indecisive doji candles, the strong bearish candle indicates the reversal. Nifty closed below Thursday's low and below the moving average ribbon on the hourly chart. The 20DMA acted as strong resistance again. This breakdown
Nifty started the new week on a positive note, but it soon corrected led by the IT stocks. The Banking space too then witnessed selling pressure and as a result, Nifty corrected towards 17720 around noon. The index recovered marginally from the lows
13th Feb 2023
Nifty started the new week on a positive note, but it was soon corrected led by the IT stocks. The Banking space too then witnessed selling pressure and as a result, Nifty corrected towards 17720 around noon. The index recovered marginally from
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