Analysts expect the strong momentum for the Nifty on the back of strong rollovers, positive FII sentiment and upbeat global and domestic cues to take it to newer all-time highs in the December F&O series.
NHPC has seen a breakout of horizontal resistance trendline adjoining multiple touchpoints and has formed a bullish candlestick with upper & lower shadows on the daily scale with healthy volumes
Varun Beverages traded well above all key moving averages (20, 50, 100 and 200-day EMA - exponential moving average) and saw a breakout of falling resistance trendline adjoining highs of September 29, and November 6, which is a positive sign.