Market analysis from Alice Blue
Bank Nifty ended the week at 56,578.40 with a gain of 1.49% Key Levels for the Upcoming Week 🔹 Price Action Pivot Zone: The critical range to monitor for potential trend reversals or continuation is 56,706 to 56,469 🔹 Support & Resistance Levels: Support Levels: S1: 56,113 S2: 55,639 S3: 55,053 Resistance Levels: R1: 57,065 R2: 57,543 R3:...
The Nifty 50 ended the week at 25,003.30 with a gain of (1.02%) If Nifty sustains below 24,924, selling pressure may increase. However, a move above 25,283 could restore bullish momentum. Key Levels for the Upcoming Week 🔹 Price Action Pivot Zone: The crucial range to watch for potential trend reversals or continuation is 24,924 -25,083. 🔹 Support & Resistance...
Market Cap: ₹7,794 Cr Sector: Metals & Mining – Manganese & Iron Ore Sandur Manganese & Iron Ores Ltd (SMIORE) is a vertically integrated mining company engaged in manganese and iron ore production. With operations rooted in Karnataka and a legacy since 1954, the company continues to benefit from commodity demand and disciplined capital management. 🔍...
Cummins India Limited, a subsidiary of Cummins Inc. (USA), is a dominant player in the Indian power solutions market. It operates across three core segments: Power Systems (generators, alternators), Industrial Engines (used in construction, mining, and marine applications), and Distribution (aftermarket services). The company benefits directly from India's...
Weekly Recap: Bank Nifty opened last week with a gap-down at 49,336.10, plunging 2,166.6 points or -4.21%. However, it recovered over the course of the week and eventually settled at 51,002.35, registering a modest weekly decline of -0.97%. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial range to watch for potential reversals or trend...
Weekly Recap: Last week, Nifty opened with a gap-down at 21,758.40, dropping 1,146.05 points or 5%. However, it witnessed a recovery during the week and eventually closed at 22,828.55, marking a marginal decline of 0.33% from the previous week's close. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial zone to watch for any potential...
Weekly Recap: The Bank Nifty closed the week at 51,502.7, posting a decline of -0.12%. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial range to watch for potential reversals or trend continuation is 51,617 to 51,390 Support & Resistance Levels: Support Levels: S1: 51,051 S2: 50,599 S3: 50,149 Resistance Levels: R1: 51,959 ...
Weekly Recap: The Nifty 50 closed the week at 22,904.45, marking a significant decline of -2.61%. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial zone to watch for any potential reversals or trend continuation is between 22,829 and 22,980 Support & Resistance Levels: Support Levels: S1: 22,609 S2: 22,303 S3: 21,928 Resistance...
In daily the nearest resistance was around 414.5 to 421 TF price is trading in between a range of 355.20 to 420, and 2nd August the price was trying to break the resistance of 421 with huge volume of 14.404M even though Nifty 50 in -1.17% negative and Sensex in -1.08%. And the last 30 Days average volume of DELIVERY LTD is just 2.73M.