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Chartist Talks: Shivangi Sarda believes ABB India, Siemens can still generate 8-10% upmove from current levels

Chartist Talks: 23,000 to be a cakewalk for Nifty given the broader market participation, says Shivangi Sarda

From the expiry point of view one can go for the buy-on-decline strategy to play the upward bias in the Bank Nifty, says the MOFSL analyst.

Short Call | Of rebound hopes and irrational valuations; Easemytrip flies high, ONGC in fine balance, smooth sail for Adani Port

Nine out of ten people feel that valuations of many mid, small and micro cap shares have become irrational

ONGC hits 52-week high as oil production begins in KG deep water block

The remaining oil and gas fields of the block are expected to become operational by mid-2024

PFC: Stock Radar: Nearly 50% rally in November! Should you buy PFC or book profits?

In terms of price action, the stock is trading well above most of the crucial short- and long-term moving averages such as 5,10,30,50,100 and 200-DMA on the daily charts. The daily Relative Strength Index (RSI) is at 79.9. RSI above 70 is considered overbought. This implies that stock may show pullback. The daily MACD is above its center and signal Line, this is a bullish indicator.