Nifty on Thursday ended 46 points lower to form a small green candle with an upper shadow on the daily chart and signalled buying interest at lower levels. Put writers were seen strengthening their position at 19,500 strike. If the index weakens further, it can find support around 19480-19450 levels and any upside bounce from here could encounter resistance around 19700 levels, said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.
In a day filled with extraordinary market activity, several smallcap stocks achieved a remarkable milestone by reaching new all-time highs on October 18.
On September 25, Monday, StockEdge identified 28 stocks with a rising Relative Strength Index (RSI). ETMarkets has chosen 10 stocks from this group to explore the importance of RSI and its role in assessing stock movements.
Share market analysts at different brokerages have assigned Buy calls on Reliance Industries, IRB Infrastructure Developers, HDFC Life Insurance Company and Mold-Tek Packaging. Check share price targets, investment rationale, technical analysis and more crucial details.