Nifty’s long-term uptrend is intact, but short-term trend is turning cautiously below 25,900: Vinay Rajani

The Nifty has entered a phase of near-term weakness after dipping below the 25,900 mark, although the broader uptrend remains intact unless key support levels are breached, Vinay Rajani, AVP – Senior Technical & Derivative Analyst, HDFC Securities, said in an interview with ET Now.Rajani said a simple technical reading shows contrasting signals across time […]

Ahead of Market: 10 Things That Will Determine Stock Market Action on Monday

Indian equity benchmarks posted modest weekly losses, pressured by continued outflows of foreign institutional investors and continued uncertainty over US-India trade talks. However, sentiment improved towards the end, with markets ending the week on firmer footing after the US Federal Reserve implemented a 25 basis point interest rate cut. The Nifty rose 0.57 percent on […]

Market Trading Guide: Buy Rallis India, Lumax Industries and 4 More Stocks on Wednesday for Up to 9% Gains

Stock ideasIndia’s benchmark index Nifty ended lower on Tuesday, posting its third straight loss due to selling pressure in IT, auto and consumer stocks. The range expiration in November remained subdued. Commenting on the day’s action, Nilesh Jain, Head – Technical and Derivatives Equity Research Analyst at Centrum Broking, said the index struggled to cross […]