Powered by: Motilal Oswal

News

Daily Market Analysis : Nifty has now corrected more than 10% from its record high, reaching its major moving average support Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra, SVP, Research, Religare Broking Ltd   Markets extended their corrective phase, declining by nearly one and a half percent, continuing the existing downward trend. After a flat opening, Nifty gradually drifted lower, retesting its critical support at the 200-day exponential moving average (DEMA) for the first time in nearly five months. Pressure was felt across key sectors, with realty, metal, and auto stocks among th...
Daily Market Analysis : Nifty has now corrected more than 10% from its record high, reaching its major moving average support Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Daily Market Analysis : Nifty has now corrected more than 10% from its record high, reaching its major moving average support Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Source: Religare Broking
2024-11-13 04:21:55 pm
Nifty kicked off the week on a positive note, gaining over half a percent, buoyed by strong global cues - Religare Broking Ltd NIFTY * NIFTY kicked off the week on a positive note, gaining over half a percent, buoyed by strong global cues. * Sector-wise, realty and IT saw gains, while metals and energy remained subdued. * Nifty closed above its 50 EMA, still faces resistance at the 25,300 level. * Traders are advised to maintain a stock-specific approach and consider hedged strategies.   BANKNIFTY * Banknifty exhibits multiple inside bars & final breakout for...
Nifty kicked off the week on a positive note, gaining over half a percent, buoyed by strong global cues - Religare Broking Ltd
Nifty kicked off the week on a positive note, gaining over half a percent, buoyed by strong global cues - Religare Broking Ltd
Source: Religare Broking Ltd
2024-10-15 09:13:38 am
Markets ended the gaining streak and lost nearly half a percent, tracking feeble global cues - Religare Broking Ltd NIFTY * Markets ended the gaining streak and lost nearly half a percent, tracking feeble global cues. * Mixed trend on the sectoral front kept the traders busy wherein pharma, realty and FMCG edged higher while IT and metal witnessed profit taking. * We suggest maintaining focus on stock selection and trade management, with support zone intact at 24,850-25,000 zone in Nifty.     BANKNIFTY * Banking index opened lower but managed to curb the initial losses to...
Markets ended the gaining streak and lost nearly half a percent, tracking feeble global cues - Religare Broking Ltd
Markets ended the gaining streak and lost nearly half a percent, tracking feeble global cues - Religare Broking Ltd
Source: Religare Broking Ltd
2024-09-05 09:27:19 am
Nifty traded volatile for yet another session and ended marginally higher amid mixed cues - Religare Broking Ltd NIFTY * Nifty traded volatile for yet another session and ended marginally higher amid mixed cues. * Mixed trend on the sectoral front kept the participants occupied wherein metal, IT and media were among the top performers. * Indications are in the favor of prevailing consolidation to continue in the index. * Thus participants should maintain their focus on stock selection and risk management.   BANKNIFTY * Banking index snaps 3-day losing streak and closed high...
Nifty traded volatile for yet another session and ended marginally higher amid mixed cues - Religare Broking Ltd
Nifty traded volatile for yet another session and ended marginally higher amid mixed cues - Religare Broking Ltd
Source: Religare Broking Ltd
2024-01-11 10:15:10 am
Stock of the day : BUY IDFC First Bank Ltd For Target Rs.95- Religare Broking IDFC First Bank Ltd * IDFC First Bank has been in a steady uptrend for over one and a half years. * It has witnessed a breakout from brief consolidation while holding above its short term moving average on the weekly chart. * The price action and the uptick in volumes suggest the resumption of the prevailing uptrend. * We thus recommend creating fresh longs in the mentioned zone. Buy IDFC First Bank Ltd CMP 89.25; Range* 89-90 ; SL 86; Target 95   ...
Stock of the day : BUY IDFC First Bank Ltd For Target Rs.95- Religare Broking
Stock of the day : BUY IDFC First Bank Ltd For Target Rs.95- Religare Broking
Source: Religare Broking Ltd
2023-12-06 10:14:11 am
Nifty witnessed fireworks at the beginning of the week and gained two percent - Religare Broking Nifty * Nifty witnessed fireworks at the beginning of the week and gained two percent, in continuation of the prevailing uptrend. * All sectors participated in the move wherein banking majors contributed the maximum to the gains. * Nifty may take a breather around the 20,750 zone. * We recommend staying with the trend and utilizing a dip or consolidation as a buying opportunity   Banknifty * Banking index witnessed a strong rally and closed at record highs gainin...
Nifty witnessed fireworks at the beginning of the week and gained two percent - Religare Broking
Nifty witnessed fireworks at the beginning of the week and gained two percent - Religare Broking
Source: Religare Broking Ltd
2023-12-05 09:52:46 am
Nifty traded volatile on the monthly expiry day and ended marginally in the green- Religare Broking Nifty * Nifty traded volatile on the monthly expiry day and ended marginally in the green. * Rollover of derivatives positions kept the traders busy wherein realty and pharma pack put up a good show. * Rotational buying across sectors would keep the tone positive. * We thus suggest utilizing an intermediate pause or a dip to add quality names. Banking * Banking index recouped its early losses and finally settled marginally lower. * Mixed trend was witnessed...
Nifty traded volatile on the monthly expiry day and ended marginally in the green- Religare Broking
Nifty traded volatile on the monthly expiry day and ended marginally in the green- Religare Broking
Source: Religare Broking Ltd
2023-12-01 09:26:07 am