Technical Analysis

Nifty 50 May Futures (9,326) The Nifty May futures contract started the session on a negative note at 9,353 and continued to trend downwards. It ...

Investors with a short-term perspective can consider buying the stock of IDFC at current levels. The stock which was testing a key resistance level of ...

The Lead futures contract on the Multi Commodity Exchange (MCX) has managed to bounce slightly higher in the past week. The contract made a low of ...

Nifty 50 April Futures (9,337) The Nifty futures April contract started the derivative expiry session on a positive note at 9,344.7. With global ...

The stock of Allcargo Logistics zoomed almost 6 per cent with extra-ordinary volume on Wednesday, conclusively breaking a key resistance level of ...

The Nickel futures contract on the Multi Commodity Exchange (MCX) fell in the past week and tested the psychological support at ₹600 a kg as expected.

Nifty 50 April futures (9,341) The Nifty futures contract is keeping up the momentum after a strong rally over the last two trading days. It opened ...

The stock of Essel Propack gained 5 per cent with good volume on Tuesday, breaking above a key resistance level of ₹245. The long-term trend has been ...

The Zinc futures contract on the Multi Commodity Exchange (MCX) fell last week to test its crucial ₹161-₹160 a kg support region. This support zone is ...

Nifty 50 April Futures (9,278) The Nifty futures contract opened the session with a gap-up at 9,264 levels. After an initial decline, the contract ...

Weak dollar aids in limiting the downside

Fresh long positions are recommended with a fixed stop-loss only if the contract moves beyond 9,210 levels

Sun Pharmaceutical Industries (₹639.6) is ruling at a crucial level. The stock finds support at ₹610 and the crucial one at ₹572. A close below the ...

RIL (₹1,399.75) RIL reversed higher to close 2.6 per cent up last week. Though the weekly chart suggests a range-bound move between ₹1,350 and ₹1,425, ...

Tata Steel (₹450.9) Tata Steel fell below ₹460 to test ₹450 levels in line with our expectation last week. The key support at ₹440 is holding well as ...

SBI (₹282.15) SBI fell below the support at ₹287 and closed 3 per cent lower last week. This level of ₹287 may not act as a near-term resistance. A ...

ITC (₹274.35) After trading in a narrow range for most part of the week, ITC fell sharply by 1.8 per cent on Friday. Nonetheless, the ₹270-₹285 ...

Infosys (₹923.7) Infosys continued to trade lower last week but did not see a heavy sell-off. The stock traded in a narrow range between ₹912 and ₹934 ...