Interestingly, the leading indicator i.e. the 14-period weekly RSI has surged above the 60 mark for the first time since June 2018. The weekly RSI is currently quoting at 62.21 and it is in a rising mode.

Compucom Software: The company has received a letter of acceptance (LoA) for providing satellite educational service as per government syllabus as well as the supply of related items in 303 government schools for an integrated scheme for computer education and information & communication technology at schools (phase-V) on BOOT basis from RCSE worth Rs 10.79 crore (approx.) over 27 months.

The 5-EMA that is placed at 13,934 is an important support level, followed by the zone of 13,771-13,811, which is likely to act as the next support level. On the upside, the level of 14,100, followed by 14,220, is likely to act as a resistance level.

Interestingly, on both the weekly and the daily chart, the leading indicator is in a super bullish range as per the RSI range shift rules. The daily MACD stays bullish as it is trading above its zero line and signal line. The histogram is suggesting a pickup in the upside momentum.

L&T informed that the metallurgical & material handling (MMH) business of its construction arm has secured EPC orders of coal processing plants in the domestic market. The order win also includes a prestigious engineering & procurement project for a metallurgical plant overseas. The announcement was made on Friday in the second half of the trading session.

The market opened in green on January 01, 2021.

Semi-annual review of categorisation of stocks is likely to throw some surprises. Read on to find out the expected changes. 

The market opened in green on January 01, 2021, overall volumes in futures & options currently stand at 6,72,17,624 contracts with a turnover of Rs. 57,82,890.81 crore.

The market opened in green on January 01, 2021, overall volumes in futures & options currently stand at 6,72,17,624 contracts with a turnover of Rs. 57,82,890.81 crore.

Praj Industries today announced that the company has won a new order from Indian Oil Corporation Limited for the execution of zero liquid discharge (ZLD) system.