A reasonably positive candle was formed on the daily chart on Wednesday with a long lower shadow. Technically, this pattern indicates a bullish Hammer-type pattern (not a classical one), but its placement is not ideal
During this quarter, Zen Technologies has secured new orders worth Rs 202 crore. Additionally, in July 2023, they bagged orders worth around Rs 500 crore.
Nifty inched higher to levels just below 19600, while Sensex added 232 points and closed at 65,953. Sectorally, healthcare and IT indices led the gains
Markets ended flat after a recent dip, with selective participation from midcaps. Further consolidation is expected with high volatility due to monthly expiry and US market performance. Recommendations for hedged trades until Nifty resumes the trend