Equitymaster

2023-05-22 06:04:15 Stock Market Update - SGX Nifty Down 32 Points | Upcoming IPOs to Watch This Week | Axita Cotton Share Buyback | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

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2023-05-20 12:32:43 5 Undervalued Textile Stocks to Add to Your Watchlist

These textile stocks are trading at mouth-watering valuations. But is the risk reward set up in investors' favor?

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2023-05-20 10:15:16 Dow Jones - Trapped in the Middle

DJIA is trending in the broadening triangle or megaphone technical pattern.

Index managed to form a higher low with the bullish reversal candlestick pattern belt-hold at the key psychological level of 33,000.

The trendline breakout (green) is followed by a bearish reversal candlestick pattern called a dark-cloud cover signalling an indecisive for bulls and bears.

The break of the 32,900-33,737 range will serve as a crucial confirmation for further momentum in the market. Until that point, traders may find themselves engaged in range trading.

Traders should wait for this break to guide their strategies and capitalize on the subsequent price movement that may unfold.

#DowJones
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2023-05-19 16:00:22 Why SBI Share Price is Falling

After reporting highest ever quarterly profit, shares of SBI have encountered a roadblock due to these reasons.

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2023-05-19 15:30:14 Why Laxmi Organic Share Price is Falling

Laxmi Organic shares continue their downward slide in 2023, tumbling around 7% in five days. More downtrend?

Laxmi Organic Stock Falls

Here’s an extract…

Laxmi Organic Industries, an Indian specialty chemical company, has experienced a significant decline in its share price, extending its downtrend for the sixth consecutive session on 19 May 2023.

Over the past five days alone, the stock has fallen around 8%.

As a result, Laxmi Organic Industries has suffered a loss of more than 16% in its share price since the beginning of 2023.

Here is what triggered the recent fall.

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2023-05-19 15:24:23 Why Divis Lab Share Price is Falling

Shares of the company have remained under pressure in anticipation of weak Q4 results. Find out how the pharma company actually performed and what lies ahead.

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2023-05-19 14:28:37 Stock Market Update - Sensex Today Gains 298 Points, Nifty Ends Above 18,200 | Tata Motors Up 3% | NTPC & ONGC Top Gainers

Indian share markets end on a positive note. The BSE Sensex gained 297 points while the Nifty ended above 18,200.

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2023-05-19 10:00:26 Check Out This Investing Strategy

This Strategy is doing well in this market.

Better Than Value Investing

Here’s an extract…

Value investing believes in buying stocks trading at 52-week lows. Momentum investors love 52-week highs.

Although I’m a hard-core value investor, I don’t mind trying out other investing strategies.

Especially if these other strategies are proven and have a very long history. This is where momentum investing fits the bill perfectly.

Read on for more…

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2023-05-19 08:35:12 Stock Market Update - Sensex Today Trades Lower | Gland Pharma Tanks 13%, Adani Total Gas 5% | ITC & Titan Top Losers

Indian share markets are trading on a negative note with the Sensex trading 101 points lower, while the Nifty is trading lower by 45 points.

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2023-05-19 07:14:16 BankNifty - Bulls need to protect 43,500

BankNifty is hovering between 44,100-43,500 this week and it's time for bulls to roll up their sleeves for the imperative task of protecting the crucial level of 43,500.

An ascending triangle breakout, retest and resumption in the bullish momentum is the sign of a bullish trend, but...

The bulls lack strength in bullish momentum as bears are aggressive around the key psychological level of 44,000 and an all-time high of 44,151.

The 50HEMA too is acting as a support zone. The support line of the triangle pattern and 50HEMA is placed in the range of 43,600-43700.

By successfully defending this level, the bulls can uphold the positive momentum and sustain the upward trajectory in the index.
(CMP-43,800)

#BankNifty
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