Indian market failed to hold on to the momentum and closed marginally in the red on Friday. The S&P BSE Sensex managed to hold on to 73000 while the Nifty50 closed below 22,200 levels. Sectorally, buying was seen in telecom, capital goods, realty, consumer durables and industrials while some selling was seen in oil & … Read more
Indian market failed to hold on to the momentum and closed marginally in the red on Friday. The S&P BSE Sensex managed to hold on to 73000 while the Nifty50 closed below 22,200 levels. Sectorally, buying was seen in telecom, capital goods, realty, consumer durables and industrials while some selling was seen in oil & … Read more
For traders eyeing positions in MCX Gold and Silver contracts, mastering key technical indicators is crucial for making informed decisions in the dynamic precious metals market. This exploration centers on the effective use of Moving Averages, particularly the Exponential Moving Averages (EMAs) 8 and 21, for identifying trends, potential reversal points, and implementing risk management … Read more
Mumbai: A widely-tracked technical indicator is pointing to small-cap stocks being at overbought levels following their recent record-breaking run. The weekly Relative Strength Index (RSI) -a momentum indicator– of the Nifty Small-cap Index crossed 86 last week for the first time in a decade and the second time in 16 years. Analysts advise against betting … Read more