[ad_1]
10:07 (IST) 6 Jul 2023
Tata Power inventory jumps 2% at this time after bagging Rs 1744 cr state govt order
Tata Power share value jumped 2% to Rs 226.4 at this time after the corporate obtained an order price Rs 1,744 crore to implement the sensible metering challenge in Chhattisgarh State Power Distribution Company. The estimated time for the completion of the challenge is about 10 years. Tata Power inventory has jumped 4.5% up to now one month and over 80% within the final two years.
09:03 (IST) 6 Jul 2023
Bank Nifty vary of consolidation prone to be 45000-45600
“Bank Nifty witnessed subdued price action on the back of weakness in HDFC Bank. Overall, the Bank Nifty is in a consolidation mode after a sharp run up. The hourly momentum indicator has a negative crossover and negative divergence which indicates loss of momentum on the upside. Overall, the range of consolidation is likely to be 45000-45600,” stated Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.
08:59 (IST) 6 Jul 2023
Bank Nifty resistance at 45300-45500
“Bank Nifty trend for the coming week can be considered as sideways to bullish where dips can be used as a buying opportunity. The resistance is at around 45300, 45500 and the support is at around 45000, 45100 and till the time Bank Nifty is trading above 44900 the bulls will be in charge. Technical indicator RSI is at around 67 whereas the 200 EMA is at 41672,” stated Mitesh Karwa, Research Analyst at Bonanza Portfolio.
08:59 (IST) 6 Jul 2023
Bank Nifty help at 45133-45002
Bank Nifty first help at 45133 after which 45002 whereas resistance at 45438 and 45612, in accordance with Rahul Sharma, JM Financial.
08:58 (IST) 6 Jul 2023
Nifty to consolidate in vary of 19500-19300
“Nifty is in the process of consolidation after a sharp runup and this consolidation form a floor for the next leg of upmove. Over the next few trading sessions, we expect the Nifty to consolidate in the range 19500 – 19300 and a dip towards the 19300 should be used as a buying opportunity. Overall, the uptrend is intact, and we expect levels of 19500. In terms of levels, 19300– 19270 shall act as a crucial support zone while 19450 – 19500 shall act as a crucial resistance zone,” stated Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.
08:58 (IST) 6 Jul 2023
Nifty quick vary anticipated to be 19300-19500
“Nifty immediate range is expected to be between 19300 and 19500. It would be advisable to buy near the lower end and take profits near the higher end. It’s crucial to closely monitor the lower range of 19300 during the weekly expiry as a break below this level could trigger extended profit booking, possibly reaching the bullish gap of 19200 from Monday’s session,” stated Rajesh Bhosale, Technical Analyst at Angel One Ltd.
08:57 (IST) 6 Jul 2023
Nifty resistance at 19450-19500
“Nifty 50 resistance on the higher end is placed between 19450 and 19500 which the Nifty might face some difficulty in surpassing. Looking ahead, it is expected that the Nifty will likely continue to trade sideways, as long as it sustains within the range of 19200 to 19500, implying a range bound trades unless there is a directional breakout,” stated Rupak De, Senior Technical analyst at LKP Securities.
08:57 (IST) 6 Jul 2023
Nifty 50 help at 19423-19369
NSE Nifty 50 first help at 19423 after which 19369 whereas resistance at 19509 after which 19541, in accordance with Rahul Sharma, JM Financial.
07:59 (IST) 6 Jul 2023
Nifty to lose momentum or cross 19,450? See GIFT Nifty, FII knowledge, US shares, crude, extra earlier than market opens
The GIFT Nifty recorded a 0.22% loss throughout Thursday’s early buying and selling session, with a worth of 19,470 indicating a adverse opening for home indices NSE Nifty 50 and BSE Sensex.
07:58 (IST) 6 Jul 2023
No inventory underneath F&O ban at this time
The National Stock Exchange has no securities on its F&O ban record for six July. According to the NSE, shares are prohibited within the F&O sector after they have exceeded 95% of the market-wide place restrict (MWPL). During the F&O ban interval, no new positions are permitted for F&O contracts in that inventory.
07:51 (IST) 6 Jul 2023
Asian markets commerce in crimson
Asian markets have been buying and selling in crimson – China’s Shanghai Composite Index was buying and selling flat, South Korea’s KOSPI dipped 0.24%, Japan’s Nikkei 225 tumbled 1.01%, Asia Dow slipped 0.95% and Hong Kong’s Hang Seng tanked 1%.
[adinserter block=”4″]
[ad_2]
Source link