Posts in category Economic Times
These 4 Nifty stocks showed higher RSI trends on October 10 (11-10-2024)
An uptrend signal is indicated when the RSI value crosses above 50 from below.
Bullish Momentum: 5 stocks that formed White Marubozu Pattern on Oct 10 (11-10-2024)
Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session.
F&O Ban List: Chambal Fertilizers, IDFC First Bank among 12 stocks under trade ban on Friday (11-10-2024)
A dozen stocks are under a futures and options trade ban on Friday due to exceeding market wide position limits. These include Bandhan Bank, Birlasoft, Chambal Fertilizers, GNFC, Granules India, Hindustan Copper, IDFC First Bank, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL, and Tata Chemicals.
Will banks lead the next phase of rally? Gurmeet Chadha answers (11-10-2024)
Gurmeet Chadha highlights the bank stocks’ potential due to current valuations and expected rate cuts by RBI. He notes possible recovery for PSU banks and rotation towards stock-specific actions amidst market consolidation. Chadha also emphasizes IT sector’s resilience and Tata Group’s significant role in emerging sectors like semiconductors and clean energy.