Commodity Radar: Copper charts show solid build-up of longs. Buy on dips for a gain of up to 4% in the short term

Domestic copper prices rose 1.6% to touch a day’s high of Rs 1,334.70 on Tuesday, inspired by international red metal prices hitting a new record high after supply concerns surfaced following disruptions at new mines.The strike at Capstone Copper’s copper and gold mine in Mantoverde in northern Chile has fueled supply problems, Reuters reports. In […]

‘Markets in consolidation mode; buy on dips, sell on rallies’: Kranti Bathini on the current market scenario

Indian equity markets remain stuck in a consolidation phase with the Nifty struggling to decisively cross the 26,000 mark amid weak global cues and continued selling by foreign investors, said Kranti Bathini, director of equity strategy at WealthMills Securities, speaking to ET Markets.Bathini said the markets are witnessing a time correction, with sharper pain in […]

Market Trading Guide: Buy HCL Tech, India Cements and 3 More Stocks on Tuesday for Up to 8% Gains – Stock Ideas

The main index Nifty ended on a positive note for the fifth day in a row, helped by strong buying in financial services and auto stocks. The daily chart showed a breakout from this consolidation zone, confirming renewed bullish momentum. Commenting on today’s Vatsal Bhuva, technical analyst at LKP Securities said today’s breakout highlights the […]