Tech View: Nifty forms Doji candle on weekly charts. What traders should do next week
Suggesting a tight fight between bulls and bears, the headline index Nifty on Friday formed a Doji candle on the weekly frame and a hold of 18018 is crucial for a decisive move in the next week. Nifty is currently placed within a broad high-low range of 18200 to 17900 levels, and the specific direction…
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Outlook 2023: Financials, cement, infra, renewable energy stocks to hog limelight next year
The year 2022 had seen the indices scaling the highest record as well as volatility as the central banks of many economies raised their key policy rates in order to control the rising inflation in their respective countries. The Reserve Bank of India is also slowly hiking key policy rates to rein in inflation in…
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Chart Check: This multibagger fertilizer stock could almost double in next 2-3 quarters; here’s why
(NFL) has rallied almost 200% in the last 3 years and the chart patterns suggest that it could almost double in the next 2-3 quarters. NFL, part of the BSE Smallcap index, has been on buyers’ radar so far in 2022. It rose more than 25% in a month and over 50% in the last…
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