"The technical chart setup for Idea stock appears to be bullish. The stock has exceeded its previous five-week high with substantial trading volumes. It continues to be in a "buy on dip" mode, with support levels around the 12.6-12 range. The potential upside targets for Idea stock are at 16 and 17, indicating a positive outlook for the stock."
Founded in 1983, Pitti Engineering is one of the leading manufacturers and exporters of electrical laminations from India and one of the leading suppliers to all motor manufacturers domestically.
"If crude oil prices surge above $110 per barrel and remain at that level, it could potentially reignite inflation concerns. However, the robust demand outlook for 2024 projected by OPEC might help to mitigate this risk, as OPEC and other producers are likely to increase production after the end of 2023."
"Reliance Industries has recently experienced a breakout on the daily chart, accompanied by a significant surge in trading volumes. This breakout suggests renewed bullish momentum in the stock.The momentum indicator RSI has provided a positive signal by reversing from the oversold territory and giving a positive crossover, confirming a potential buy signal for Reliance."
"In the September series, the Nifty appears to be in a bullish trend as it has just crossed above the 21-day Exponential Moving Average (EMA) for the first time in several days. This suggests the potential for a bullish reversal. Looking at the higher end of the spectrum, there is now a resistance level at 19,530 points. If the Nifty manages to breach this resistance, it could signal a continuation of the uptrend."