Nifty bank

Rajesh Palviya, Head- Technical Research, Axis Securities says for the next week, 17,850 is the key level to watch out for. If we hold that level, then possibly Nifty will try to find some…

Indicating the emergence of minor weakness from the highs, Nifty on Thursday formed a small negative candle on the daily charts but gave the highest closing of the last 16 sessions. Now, it…

Headline index Nifty on Monday formed a bearish candle on the daily scale with a longer lower shadow indicating buying at declines, but a follow-up was missing at higher zones. Now, it needs…

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“On the higher end, resistance is visible at 17950-18000; a sustained basis breakout above the 18000 may open the gate for 18350-18400,” says Rupak De, Senior Technical analyst at .In an…

Nifty formed a small-bodied bearish candle with a longer lower shadow on the daily scale, which indicates buying interest on declines but the absence of follow-up activities at higher zones.…

Nifty today formed a bullish candle with a longer lower shadow on the daily and weekly scale, which indicates buying interest on declines. Now, it needs to hold above 17,850 zones, for an up…

Headline index Nifty today formed a bullish candle with minor upper and lower shadows, indicating that the market is in a near-term bottom reversal mode and the Nifty is expected to show a…

Following wild swings on the Budget day, headline index Nifty today formed a long-legged Doji candlestick on the daily chart, which is indicating an indecisive trend.Now, it needs to hold…

As Nifty Bank Index is now trading at 13.7x 12-month forward earnings compared with 18.6x for the Nifty Index, global brokerage firm Jefferies’ said Indian banks are looking cheap relative…