Even though 24,900 could be threatened at some time during the week, the odds of a swift downside appear low, says Anand James, Chief Market Strategist, Geojit Financial Services. “Our …
After BSE has announced that it will discontinue Bankex weekly expiries, the market is rife with speculations that NSE may choose Nifty Bank over Nifty as both exchanges have to …
Shares of PSU defence company Mazagon Dock, which ended last week 33% higher, can rally up to Rs 6,700 level before moving into a consolidation phase, says Anand James, Chief …
Private largecap bank stocks like HDFC Bank, ICICI Bank, Axis Bank, and IndusInd Bank, which together form around 60% of Bank Nifty, saw Long buildup or shorts being covered on …
Following the nearly 2,500-point rally in Nifty Bank last week, oscillators are clearly screaming overbought at the top of their voice. “But this is a classic case of bullish phases. …
NEW DELHI: A Bollinger band is indicating that Nifty may rally in the Diwali week but two Doji candles formed in the last days do not inspire confidence towards an …