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Kamdhenu Ltd posts consolidated PAT of Rs. 5.57 crore in Q1FY22

Kamdhenu Ltd posts consolidated PAT of Rs. 5.57 crore in Q1FY22
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Ahead of Market: 12 things that will decide stock action on Thursday


Ahead of Market: 12 things that will decide stock action on Thursday
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Gaurav Ratnaparkhi of Sharekhan said, On the daily chart, the Nifty has formed an Inside bar for which the breakout level on the upside is at 14,724. The overall structure shows that the benchmark index is preparing for the next leg of the recovery.
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Chandan Taparia of Motilal Oswal Securities said the index formed a high low with support at 14,500 level, but mostly traded inside a trading range.
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NEW DELHI: Nifty saw a gap-up opening on Wednesday and traded on a volatile note before ending slightly above its opening levels. The headline index formed an Inside Bar formation, similar to a Harami Cross pattern as Nifty formed an indecisive candle for the day. ....

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market outlook: Ahead of Market: 11 things that will decide stock action on Thursday


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NEW DELHI: Nifty opened gap up and made a rebound after its worst session in 6 weeks. The headline index formed a Bullish Harami Pattern pattern on the daily chart which usually signals towards a possible trend reversal.
Mazhar Mohammad, Chief Strategist at Chartviewindia.in said, from a risk management perspective, one can look for relief rally by placing a stop loss below 14,300 level on a closing basis. If Nifty sustains above 14,280 level, it may initially expand to 14,600-652 zone.
“India’s retail inflation for March also rose to 5.52 per cent, however, it did not harm the market sentiment as it was in line with the recent RBI policy forecast. How the lockdowns will affect the economy will determine the trend of the domestic market in the short-term,” said Vinod Nair, Head of Research at Geojit Financial Services. ....

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