Technical Analysis

The outlook for the stock of Motherson Sumi Systems is bullish. The stock rose 2.5 per cent on Tuesday breaking above a key resistance level of ₹340.

The downtrend in the price of natural gas that was in place since May halted in August. Prices have recovered very well since then. The US Natural gas ...

The Zinc futures contract on the Multi Commodity Exchange fell as expected in the past week, initially. However, it has managed to reverse higher ...

Nifty 50 Sep Futures (10,162) The Nifty 50 futures contract is not getting a strong follow through buying to breach above the resistance at 10,190.

The outlook for the stock of Dewan Housing Finance Corporation (DHFL) is bullish. After moving in a sideways range for more than a week, the stock has ...

Aluminium futures contract on the Multi Commodity Exchange has reversed sharply lower after making a high of ₹135.6 per kg in the past week. The ...

Nifty 50 Sept Futures (10,166) After being range-bound over the past three trading days, the Nifty 50 futures contract has broken this range on the ...

Resistance caps the upside in SBI (₹272) The 21-day moving average halted the bounce-back move in the past week. SBI marked a high of ₹276.5 and ...

The stock has been trending up over the last two weeks, with good volumes

Though the long-term outlook still remains negative for BHEL (₹132), in the short-term, the stock could rally. Bharat Heavy Electricals Ltd (BHEL) ...

Tata Steel surged over 5 per cent intra-week to record a high of ₹692. The stock, however, has come off from this high, giving up some of the gains to ...

ITC fell after touching a high of ₹278. It is just above a key support level of ₹269. The bias is bearish on the chart. There is an inverted cup and ...

Infosys bounced back sharply last week after marking a low of ₹874. A key short-term resistance is ahead at ₹919, which is likely to be tested this ...

Major central banks’ plans to tighten monetary policy weigh on gold

RIL surged over 3 per cent last week. It tested the resistance at ₹861 and has come off from there, giving up some of the gains made during the week.

The 21-day moving average halted the bounce-back move in the past week. SBI marked a high of ₹276.5 and has come off from there to close the week on a ...

The possibility remains high for indices to break key hurdles

Nifty 50 September futures (10,080) The Nifty and Sensex started the session on a negative note and continued to hover in negative territory due to ...

The stock of NIIT jumped 6.4 per cent with extraordinary volume on Thursday, breaching a key resistance at ₹110. This rally gives investors with a ...