Nifty

“Now it has to cross and hold above 11750-11777 zones to get the bull’s grip for a bounce towards 11900 then 12020 while on the downside major support exists at 11550-11500 zones,” Chandan Taparia of Motilal Oswal Financial Services told Moneycontrol. … [Read more...] about Taking Stock: Nifty falls for the third straight day; midcaps outperform

Corporate Buzz podcast | Sun Pharma's mysterious silence during the pandemic; IT cos spread cheer with salary hikes; Harley Davidson makes a U-turn back to India The Market Podcast | Keep 30% of portfolio in cash to buy amid US-election volatility: Kunj Bansal Taking Stock: Nifty falls for the third straight day; midcaps outperform … [Read more...] about Taking Stock: Market breaks 4-day winning streak as Nifty settles below 11,900

“In line with our projections, Nifty50 recoiled after testing its 50-Day simple moving average (11549) before signing off the session with Doji kind of indecisive formation but a strong bearish candle is visible on weekly charts,” Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in told Moneycontrol. … [Read more...] about Technical View: Nifty forms bearish candle on weekly charts; 50-DEMA crucial support

We are in the middle of the September quarter earnings season and the results announced by the Nifty 50 companies so far have shown signs of a sharp recovery, relative to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. … [Read more...] about In Chart | September earnings show signs of sharp recovery

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Hot Stocks | Trading opportunity in OFSS, HDFC Life and Sun Pharma for short term