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Indian stock markets open higher on global optimism; Nifty maintains narrow range amid technical indicators | Indiablooms

Indian stock markets open higher on global optimism; Nifty maintains narrow range amid technical indicators | Indiablooms
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Stock market rises from recent slump: Sensex and Nifty open with strong gains

Stock market rises from recent slump: Sensex and Nifty open with strong gains
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DRL shares: Stock Radar: 89-DMA crucial support for Dr Reddy s Laboratories; likely to head towards Rs 6,000

“Dr Reddy’s Laboratories has been in a corrective phase in the last couple of months, but this entire down move just seems to be a corrective phase within an uptrend,” Ruchit Jain, Lead Research, 5paisa.com, said.

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stock analysis: Stock Radar: Pharma stocks in focus! Cipla could retest record highs in short term

Short-term traders can buy the stock for a possible short-covering move which could take the stock towards 1275 levels, suggest experts. The stock reversed losses after hitting a low of Rs 852 on 22 March 2023. The stock closed at Rs 1223 on 19 October which translates into an upside of over 40%.

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titan share price: Chart Check: Sensex stock! Titan Company takes support above 50-EMA; likely to surpass 3600 levels

Titan Company, which is also part of the S&P BSE Sensex bounced back after taking support above the 50-EMA on the daily charts. It is also trading in an Ascending channel pattern.

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