DSIJ Mindshare

Index trend and stocks in action January 23, 2019

Karan Dsij 0 770 Article rating: 5.0

The pattern on the daily chart shows that the index is in the ascending triangle formation, however, a resolute breakout will occur only after the index moves past the level of 10,987. Stocks in news: Va Tech Wabag, IL&FS Engineering and Construction Company, Shriram Transport, Cyient, IL&FS Transportation Networks, Walchandnagar Industries and Reliance Industries.

Markets may open flat following directionless Asian peers

Karan Dsij 0 447 Article rating: 5.0

Indian markets are expected to witness a flat start as Asian peers are lacking clear direction. The SGX Nifty indicates Nifty is likely to open around 10,947, up by 15 points. The earnings of Indigo, ITC, Pidilite Industries, Radico, Raymond, Ujjivan, United Spirits, Vijaya Bank are scheduled to be announced today. 

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