DSIJ Mindshare

This large-cap bank is now ready for the long-term breakout; watch out

A trendline drawn from previous highs identifies a breakout trendline level, signalling a potential breakout at Rs 1,070.

Prasad Chavan 0 1238 Article rating: 4.8

The stock drew the attention of chartists due to its positioning within the higher range of a long-term consolidation pattern, accompanied by significant trading volumes. This positioning suggests the potential for a technical breakout of a continuation price pattern.

Market Wrap: Benchmark indices closed on a higher note while Nifty Smallcap outperformed!

On Tuesday, Frontline indices concluded the day on a positive note as Sensex closed marginally higher by 0.04 per cent concluding at 71,385.21 level, while Nifty also closed marginally higher by 0.15 per cent concluding at 21,544.85.

Siddharth Mane 0 1732 Article rating: 4.2

On January 08, 2024, foreign institutional investors (FII) bought shares worth Rs 16.03 crore, while domestic institutional investors (DII) purchased shares worth Rs 155.96 crore.

Market Wrap: Benchmark indices close on a lower note with Nifty Realty among the top losers!

On Monday’s trading session Benchmark indices concluded the day on a lower note with Sensex closing marginally lower by 0.24 per cent closing at 71,315.10 level, while Nifty plunged by 0.18 per cent closing at 21,418.65.

Siddharth Mane 0 1217 Article rating: 5.0

On December 15, 2023, foreign institutional investors (FII) bought shares worth Rs 9,239.42 crore, while domestic institutional investors (DII) offloaded shares worth Rs 3,077.43 crore.

Nifty and Banknifty view

Nifty started this week with bearish sentiments. In today’s trading session, Nifty closed at the level of 17,117.60 with a loss of 169.45 points on the daily chart.

Rohit Patil 0 513 Article rating: 2.0

The index failed to sustain the 17,400 levels, it closed below its previous low.  

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