IDFC Short - Long term trend line break down and overall market bearish. Banking stocks have not been performing for 3 weeks straight in Feb 2023
Persistent Systems has been on a strong uptrend since its listing in 2005, and this upward momentum has been fueled by a combination of strong fundamentals and favorable technical indicators. Over the past year, the stock has been trading within a well-defined uptrend channel, and this uptrend has been supported by strong buying pressure. From a technical...
COFORGE is a leading technology and services company that is well-positioned to capitalize on the increasing demand for digital transformation solutions. With a strong portfolio of digital technologies and services, COFORGE is helping companies around the world bridge the gap between their current state and their desired future state.COFORGE’s portfolio of digital...
HDFC is currently looking strong from a technical perspective. The stock has been trading above its 50-day and 200-day moving averages for the past few months and the Relative Strength Index (RSI) is above 70, indicating strong momentum. In addition, the stock is trading above its previous resistance levels, indicating that it is in a strong uptrend. The stock...
NSE:NIFTY Nifty, India’s benchmark index, is expected to reach 21,000 by the first quarter of 2023 according to technical analysis. This is a very optimistic prediction, as it would represent a more than 40% growth from the current levels. Technical analysis is a form of stock market analysis that relies on historical price data to predict future trends....