OM MEHRA
Tech View: Nifty forms another Doji candle. Here’s how to trade on Thursday
The near-term uptrend of Nifty continues to hold strong. Although Nifty is consolidating at higher levels, there is no indication of a significant reversal pattern forming at these highs. A further upward movement could push Nifty towards the 24,900 mark next week. Immediate support is positioned at 24,450 levels, according to Nagaraj Shetti of HDFC Securities.
Tech View: Doji candle indicates indecisive mood, highest OI at 25K. Here’s how to trade on Tuesday
The near-term trend of Nifty remains positive. Having sustained above the hurdle of 24,400 levels (1.618% Fibonacci extension), there is a higher possibility of further gradual up move in Nifty towards 24950 levels in the next one week. Immediate support is at 24,450, said Nagaraj Shetti of HDFC Securities.
Tech View: Nifty ends in green for 6th straight week. Here’s how to trade on Monday
Bulls are in full control of the market at the current juncture and are using every intraday correction to create long positions. The price action has sustained well above the moving averages in the last few days, which is an indication of steadiness. Support for Nifty is now seen at 24,350 and 24,150-200 levels. On the higher side, the immediate resistance zone is at 24,500-550 levels and the next resistance zone is at 24,750-800 levels.
Tech View: Confused Nifty awaiting breakout on either side. Here’s how to trade on Friday
Despite fluctuations, the Nifty maintains an overall upward trajectory. A decisive move beyond 24,500 is projected to trigger further gains, potentially reaching 24,900 in the near future. The current support level stands at 24,150.
Tech View: Nifty forms long bull candle, may test 24,580-24,640. Here’s how to trade on Wednesday
Nifty's upward momentum is expected to continue after surpassing the key resistance level of 24,400. According to Nagaraj Shetti of HDFC Securities, the index could reach 24,960 in the near term, with immediate support at 24,250.
Tech View: Nifty bulls strong till 24,200. Here’s how to trade next week
With the underlying trend of Nifty being positive, possibility of an upside breakout around 24,400-24,500 levels in next few sessions looks plausible. Analysts see immediate support at the 24,170 level.
Tech View: Nifty breaks 4-day winning streak. Here’s how to trade next week
Nifty ended Friday’s session with a loss of 34 points and broke the four-day winning streak by forming a small-bodied red candle.
Indices touch new peaks, Sensex tops 77,000 mark
India's Nifty and Sensex hit fresh highs, with Sensex closing above 77,000 for the first time after a bullish wave since June 4 election results.
F&O stock strategy: How to trade in Sun Pharma, Mphasis and United Spirits?
In anticipation of a broader market rally, three stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio.
ETMarkets Smart Talk|Nifty Bank may hit new high in Sept series; 3 stocks on radar this week: Om Mehra, Choice Broking
"The rally of mid and smallcaps during the last two months marked the turning of the sentiment from an overcautious to optimistic view. We expect there are more spaces for smallcaps to deliver returns. Therefore, a lot of the increase was due to a catch-up rally in high-growth stocks. Smallcaps continued to see inflows from DIIs and HNIs and retail investors."
ETMarkets Smart Talk | Adani Ports, 2 other stocks on radar for this week: Om Mehra, Choice Broking
"Nifty is trading in a range and formed a good base around 17,450 level and sustaining above it suggests strength in the counter.. The support for Nifty has shifted to around 17,300 levels while on the upside, 17,850 may act as an immediate hurdle. On the other hand, Nifty Bank has support at 38,200 levels and resistance at 40,000 followed by 40,800 levels for next week."
Many service chiefs were not averse to politics after retirement
Heads of the three services strive in their military career to keep themselves and the force under them apolitical. So, it is surprising that many among them agreed to become Governors.
Centre in huddle over Benegal panel's suggestions on film censorship and certifications
The Shyam Benegal-headed committee was tasked with looking at the censorship process in 2015. The panel submitted its reports in April and June 2016.
Former Air Chief Marshal O P Mehra dies
Mehra, who also served the nation as the Governor of Maharashtra (1980-82) and Rajasthan (1985-87), died yesterday at Army Research and Referral hospital.
'Ghayal Once Again' review: An idealistic film that exudes sincerity
Sunny Deol manages to retain the essence of Rajkumar Santoshi's blockbuster "Ghayal" even after 26 years.
Censor board set to undergo a major makeover, regional centres also under scanner
The Centre is looking at a major overhaul in the working of the Central Board for Film Certification (CBFC), which has been mired in several controversies.
Centre picks its own panel to revamp Central Board of Film Certification
The centre is all set to revamp its much controversial CBFC with its own committee comprising veteran film makers Shyam Benegal, Rakeysh Omprakash Mehra, ad guru Piyush Pandey and film critic Bhawana Somaya.
Tihar prison chief preparing 'blueprint' to plug loopholes
Tihar DG Vimla Mehra is preparing a "blueprint" to improve overall functioning of the prison including to plug loopholes in its surveillance system.
CBI for transfer of all 3 cases against Om Prakash Chautala, sons to one court
The CBI today moved a Delhi court seeking transfer of all three DA cases against Om Prakash Chautala and his two sons, Ajay and Abhay, to a single court.
Load More
