![]() ![]() Tata Power share is currently trading at ₹276, price formed rounding bottom pattern breakout with good volume, indicating strong bullish momentum in the stock.įurthermore, the stock is positioned above key Exponential Moving Averages (EMAs), including the 20-day, 50-day, 100-day, and 200-day EMAs. This alignment above crucial EMAs strengthens the bullish outlook, suggesting the potential for sustained upward price movement.Ģ] Tata Power : Buy at ₹276, target ₹298, stop loss ₹265. ![]() Furthermore, the stock is positioned above key Exponential Moving Averages (EMAs), including the 20-day, 50-day, 100-day, and 200-day EMAs. This breakout is accompanied by robust trading volume and has formed a Bullish candle, indicating strong bullish momentum in the stock. PNB share price is currently trading at ₹80.7, having experienced a breakout from a daily falling trendline after consolidating at a support level. Sumeet Bagadia's intraday stocks for todayġ] Punjab National Bank or PNB: Buy at ₹80.70, target ₹87, stop loss ₹77.50. On intraday stocks for today, stock market experts - Sumeet Bagadia, Executive Director at Choice Broking Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi and Virat Jagad, Technical Analyst at Bonanza Portfolio - recommended six stocks to buy or sell today. Major Put open interest addition was seen at 44800 strike which added 91263 contracts." Major Call open interest addition was seen at 45000 strike which added 106222 contracts," adding, "Major total Put open interest was seen at 4480 strikes with total open interest of 108264 contracts respectively. On Bank Nifty Call Put Option data, Chinmay Barve of Profitmart Securities said, "Major total Call open interest was seen at 4490 strikes with total open interest of 101685 contracts respectively. Major Put open interest addition was seen at 2020 strikes which added 7767 contracts in open interest respectively." ![]() Major Call open interest addition was seen at 2040 strikes which added 3609 contracts in open interest respectively," adding, "Major total Put open interest was seen at 2020 strikes with total open interest of 109942 contracts respectively. Speaking on Nifty Call Put Option data, Chinmay Barve, Head of Technical and Derivative Research at Profitmart Securities said, "Major total Call open interest was seen at 2040 strikes with total open interest of 11109 contracts respectively. As we move closer to the 2024 general elections, we believe that the decisive win by the BJP in key states has sent a strong message to investors betting on India’s rising growth potential and position the country on a stronger footing as compared to its peers. On outlook for stock market today, Manish Chowdhury, Head of Research at StoxBox said, "With the results of state elections giving a big victory to BJP in three states and some in-roads in Telangana as well, we expect markets to open with a gap up of atleast 200-250 points on Monday."Īlso Read: 6 things that changed for the stock market over the weekendĬhowdhury went on to add that image of the BJP as a pro-reformist and the performance of the economy on various fronts, especially during the COVID period and gloomy global economic situation, have provided market participants confidence that a dual-aided right-wing government is beneficial in the longer term. On outlook for Bank Nifty today, Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher said, "Bank Nifty witnessed a pullback to move past the 44,800 levels to maintain the bias intact and further ahead, as mentioned earlier, needs a decisive close above 45,000 to establish a confirmation to anticipate for further rise in the coming days. ![]()
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