Tech View: Nifty forms bullish engulfing pattern on weekly chart. What traders should do on Monday
As reflected by the fear gauge index India VIX, volatility has been cooling off for the last nine weeks and supporting the bulls to hold at higher zones. The momentum indicator has reached the falling trendline on the daily timeframe.
Fundamental Radar: Why KEI Industries could surpass October highs to hit record in next 12 months?
KEI Industries is a leading player in the wires and cables (W&C) space with an extensive product portfolio and distribution reach with PAN India presence. KEI ranks among the top three wires and cables (W&C) manufacturers in the country. It services retail and institutional customers.
PNB jumps over 9% to hit 52-week high. What’s driving the rally?
Out of the 14 analysts covering the stock, only two have buy ratings while six have sell ratings, and another six have hold ratings. The average share price target of the stock signals a downside potential of 25% from the current market price.
Hot Stocks: Brokerages on Paytm, Axis Bank, Siemens, Cipla & PVR
Nomura has downgraded Siemens to neutral from buy as it has turned cautious after a strong share price rally. It sees potential order inflow growth weakening to low double digits.
D-St at record high! Analysts are betting on these 5 stocks for near-term gains
Golden Crossovers: These 4 stocks signal further bullishness
In the NSE list of stocks, 4 stocks with a market cap of over Rs 100 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. The 50-day […]
Stocks to buy or sell today: 12 short-term trading ideas by experts for 25 November 2022
The S&P BSE Sensex and Nifty50 were hovering near new lifetime highs on Thursday.
At multi-year highs: These 4 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 1,000 crore, four stocks crossed their previous 5-year high value at the close on November 24, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look:
Big Movers on D-St: What should investors do with RVNL, IRFC and HDFC Life?
Stocks that were in focus include names like RVNL which was up over 5%, IRFC which closed with gains of nearly 6% and HDFC Life which rose more than 4% on Thursday.
Stocks in the news: Lupin, Biocon, PNB, Lauras Labs, PTC India and SJVN
The USFDA has issued 8 observations for the drug product facility and API facility at Mandideep. The US drug regulator has inspected company’s Mandideep unit-1 facility during November 14-23, 2022.