Cup and Handle formation is seeing on the daily chart. Naukri looks trendy and traders should watch 5325 levels carefully. The break-out level is at 5325 levels. Three consecutive closes + weekly close above 5325 will see a nonstop rally till 5900—6300+++ levels in days to come. Our positive view
Yesterday, we clearly indicated to sell Nifty future below 15690 for the downside target of 15625—15550. Not only this… We recommended buying in Nifty again around 15625—15550. Again skyrocketed and crossed the 15700 mark Now, what to expect from here onward??? Nifty futures has resistance at 15770—15830. Short covering expects
Nestle India has reported a gain of 11 percent in net profit which is at Rs.538.6 crore for the June-ended quarter. Thus, Nestle India Q1 results beat the analyst’s prediction. The company also stated that there is a flow of revenue from operations and rises to 14 percent YOY which
Interglobe Aviation Limited has posted its results for the June-ended quarter. They reported a net loss of Rs.3174.2 crore for the June-ended quarter which was more than the estimated amount. Furthermore, experts anticipated that a company would report a net loss of Rs.2301.7 crore but the loss widens to Rs.3174.2
Minted money in our sell call of Nifty indices or not??? Yesterday, we clearly indicated to sell Nifty index futures below 15771 for the immediate downside target of 15709—15656. It made a low of 15693.05 and settled around 15732. On the other hand, Bank Nifty index was too unable to
Dr. Reddy’s Laboratories has testified quarterly results for the June quarter today i.e. 27/07/2021. Dr. Reddy’s Q1 result reported a decline of 1.5 percent which stood at Rs.570.8 crore as against Rs.579.3 crore for the corresponding quarter in the last year, 2020. The revenue of the company rises by 11.4
SBI looks positive on the weekly as well as the daily chart. Thus, be ready for a fresh breakout on the daily chart. State Bank Of India has declared Q1 results with a net profit of Rs. 4,189.34 for the June-ended quarter. Moreover, there is an upsurge in profits. In
Sluggish trade we have seen in Nifty and Bank Nifty but we minted money in BTST Caplipoint and JSLHISAR. Below we have morning equity updates on Nifty, Bank Nifty, Advance Enzymes, VRLLOG, Chambel Fertilizer, and GRSE; keep an eye on it. JSLHISAR from 270>>>294. Booked profit around 285 CAPLIPOINT from
Tata Motors has testified a net loss of Rs.4,451 crore for June ended quarter, today. Furthermore, the loss chops down from Rs.8,438 crore to Rs.4,451 crore and declared a rise in consolidated revenue by 107.6 percent which stood at Rs. 66,406 crore year on year basis. Consequently, beats the analyst’s
Last week, we recommended buying in Nifty futures around 15650 with stop loss below 15500 on a closing basis. It made a low of 15578.55 and bounced back sharply to 15899 and finally settled around 15856.05. US markets are trading at all-time highs. Below update about Nifty and Bank Nifty.
