Sensex Stocks: Chart Check: 4-month range breakout in this Sensex stock may take it to new 52-week high; time to buy?

[ad_1] India Ltd, part of the S&P BSE Sensex index, rose over 1 per cent in the last five sessions and over 11 per cent in one month, leading to a breakout from the 4-month-long consolidation range. The auto stock was moving in a broad range of 1,100 points since February where Rs 8,300 acted as an important resistance, while on the downside, Rs 7,200 acted as strong support. The stock eventually saw a breakout from this range in July 2022, which is a bullish sign, and the momentum could…

Adani Group Stock: Chart Check: Why this Adani Group stock may touch new 52-week high in next 6 months

[ad_1] Adani Enterprises, part of Adani Group of CompaniesGained a little over 50 percent over the past year and the chart pattern indicates that the uptrend is likely to continue. The stock hit a 52-week high of Rs 2420 on 27 April 2022, but then the trend turned sideways. The recent price action pushed the stock above the 50-DMA which is a positive sign. Experts suggest that short-term traders can buy the stock now or on downside for a possible target of Rs 2800, which would result in new 52-week…

ITC Share Price: Stock Radar: No longer a meme stock? ITC may hit new 52-week high in 1-2 months

[ad_1] ITC, a share of the S&P BSE Sensex index, has risen nearly 35 per cent in the past one year, while the benchmark index has gained over one per cent in the same period. For more than 2 decades, ITC has been in correction from price-wise to time-wise and from there it got the tag of meme stock on social media. But, the past year has been very different amidst strong price action as well as brokerage upgrades. Miscellaneous FMCG [ad_2] Source link

Asian Paints share price: 2 things worrying investors Asian Paints stock at 52-week low

[ad_1] However, K stock, a favorite of long-term investors for consistently compounding wealth, has hit a rough patch over the past few decades. Nifty shares slipped 3 percent on Tuesday morning and reached 52-week low 2,585.05 Rs. The stock is now down more than 22 percent year-over-year (YTD) and more than 11 percent over the past one-year period. Asian Paints Investors Have Two Major Headaches – Growing crude oil prices And Geo-Style plans to dismantle the paint industry. crude realityRaw materials make up around 30-40 per cent of the raw…

52-week high, 52-week low: HAL, M&M 63 stocks at 52-week high on BSE, 31 stocks at fresh lows

[ad_1] Indian benchmark indices were trading flat on Wednesday as IT and auto stocks witnessed selling pressure. Both BSE Sensex And NSE Nifty 50 was fluctuating between profit and loss in volatile trade. Meanwhile, the broader markets outperformed the two indices with BSE Midcap and Smallcap indices rising up to 0.77%. region wise, Nifty FMCGConsumer durables and realty indices edged up, rising 1 per cent each. Nifty Auto And PSBs were the other notable gainers. While financials and oil and gas indices were flat. A clear trend is unlikely to…