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Breakout or reversal? IRCTC is on the verge of a bullish trend

Breakout or reversal? IRCTC is on the verge of a bullish trend

8 December 2023

IRCTC may become a strong positive breakout candidate in the coming time. The stock price is currently trading at Rs 746 and has witnessed the formation of a rectangle chart pattern. The RSI, ADX and other parameters of technical analysis are in sync with the breakout. Rectangle Chart Pattern The rectangle chart pattern is a …

Restaurant Brands Asia jumps over 4% in early trade; here’s why

Restaurant Brands Asia jumps over 4% in early trade; here’s why

8 December 2023

Trending stock  At 10 am, Restaurant Brands Asia shares were trading at Rs 120, up by 4.35% from its previous closing of Rs 115 on the BSE. Facility agreement with Axis Bank  Restaurant Brands Asia’s subsidiary, PT Sari Burger Indonesia executed the facility agreement with Axis Bank, IBU, Gift City on December 6, 2023, for …

Multibagger EV stock Olectra Greentech secures Rs 62.8 crore order for electric buses

Multibagger EV stock Olectra Greentech secures Rs 62.8 crore order for electric buses

8 December 2023

On Friday’s optimistic market, the shares of Olectra Greentech Limited zoomed by 1.27%. Additionally, the scrip witnessed a spurt in volume by more than 1.32 times. The company’s current market capitalisation is Rs 10,254.35 crore. About the order Recently the company has secured a significant milestone by obtaining a Letter of Award (LOA) from Vasai …

These 3 stocks from BSE 500 jumped over 6% today, 8 December 2023

These 3 stocks from BSE 500 jumped over 6% today, 8 December 2023

8 December 2023

The benchmark index S&P BSE 500 opened today at 29,674.33 and made its day high at 29,711.71 and it is trading in green today, up by more than 0.10%                   From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …

These 3 stocks from BSE 500 jumped over 9% today, 7 December 2023

These 3 stocks from BSE 500 jumped over 9% today, 7 December 2023

7 December 2023

The benchmark index S&P BSE 500 opened today at 29,585.11 and made its day high at 29,598.22 and it is trading in green today, up by more than 0.10%            From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

7 December 2023

These 3 stocks have shown substantial gains in Thursday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. SJVN Ltd SJVN’s stock has given a volume price breakout on the day chart by taking intraday support of the previous breakout level. The stock is currently trading at Rs 90.90 and has seen a spurt …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for December 8, 2023

Overnight Digest: Top 5 mid and small-cap stocks to watch out for December 8, 2023

7 December 2023

The Nifty50 opened with a relatively flat stance at 20932.40, revealing a hammer candle similar to the previous day. This pattern indicates an ongoing battle between market bulls and bears. Interestingly, Nifty did not establish a new all-time high for the first time in the last three sessions. Despite a flat opening, the market remained …

Penny stocks to watch out for tomorrow, 8 December 2023

Penny stocks to watch out for tomorrow, 8 December 2023

7 December 2023

During the most recent market session, both the Sensex and Nifty closed on a negative note, with the Sensex Index gaining 0.52% and the Nifty-50 Index gaining 0.40%. Additionally, the Nifty Mid-cap Index experienced a modest increase of 0.25%, whereas the Nifty Small-cap Index exhibited significant growth, finishing the session up by 0.38%. Nifty Consumer …

After CAMs, Warburg Pincus divests its stake in Bharti Airtel & IDFC First Bank

After CAMs, Warburg Pincus divests its stake in Bharti Airtel & IDFC First Bank

7 December 2023

Warburg Pincus, the US-based private equity giant, is making waves both in India and across the broader Asian market. After successfully exiting CAMS with a staggering fourfold return on its investment, the firm is now poised to divest its stakes in two major Indian companies: Bharti Airtel and IDFC First Bank. This strategic move, potentially …

Rising channel pattern: Shares of MRF trading at its all-time high

Rising channel pattern: Shares of MRF trading at its all-time high

7 December 2023

MRF Ltd is a breakout candidate for today and may lead to record new milestones in the coming time. The stock price is currently trading at Rs 1,17,093 and has witnessed the formation of a rising channel chart pattern. The RSI, ADX, and other parameters of technical analysis are in sync with the breakout. Ascending …

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