Riddhi Siddhi Share Brokers – Latest After the Bell @ 4.00 PM – Tuesday, November 12th, 2024
Riddhi Siddhi Share Brokers – NIFTY (-258, 23883), Sensex (-821, 78675), Bank Nifty (-719, 51158)
Riddhi Siddhi Share Brokers – Nifty slumps in a terrifying session.
Riddhi Siddhi Share Brokers – The pessimism was such that there was absolutely no place to run and no place to hide, and it looked as if the sky was falling.
Riddhi Siddhi Share Brokers – All sectoral indices end on an ugly note as massive profit booking kicks-in.
- Nifty PSE (-2.51%)
- Nifty PSU Bank (-2.15%)
- Nifty Auto (-2.24%)
Riddhi Siddhi Share Brokers – FII exodus has crossed Rs 22,000 crore this November.
Riddhi Siddhi Share Brokers – Buzzing Stocks for the Day:
- Top Index Gainers: TRENT (+0.42%), SUNPHARMA (+0.13%), HCLTECH (+0.06%), INFY (+0.05%)
- Top Index Losers: BRITANNIA (-7.30%), BEL (-3.49%), NTPC (-3.12%), ASIANPAINTS (-2.86%), HDFCBANK (-2.68%)
Riddhi Siddhi Share Brokers – Market Overview
- Adv-Dec: 04—46
- INDIA VIX: 14.59 (+2.24%)
- NIFTY PCR (14th NOV): 0.52
- NIFTY PCR (28th NOV): 1.13
- Nifty MidCap 50: (-1.44%, 15305)
- Nifty SmallCap: (-1.33%, 17983)
- Bank Nifty: (-1.46%, 51121)
- Nifty IT: (-0.24%, 42487)
- USD/INR: (0.00%, 84.44)
Riddhi Siddhi Share Brokers – Our View for Wednesday’s Trade
Traders brace for the Maharashtra Assembly polls on November 20 and Jharkhand polls in two phases on November 13 and 20. Vote counting will be on November 23.
Technically, Nifty faltered on any intraday strength, with a rebound that proved to be a ‘Dead Cat Bounce.’ This temporary price recovery, followed by further losses, signals immediate downside risk, with Nifty’s 200 DMA at 23534 and aggressive targets at the 23000 mark.
The India VIX, or fear index, consolidates around 14.74, gauging volatility in the Indian stock markets.
Riddhi Siddhi Share Brokers – All About Nifty:
- Nifty (CMP): 23883
- Support Levels: 23534/23000
- Resistance Levels: 24141/24351
- Range: 23753-23981
- 21 DMA: 24411
- 50 DMA: 24963
- 200 DMA: 23535
- Trend: Negative
Riddhi Siddhi Share Brokers – Bullish Looking Stocks:
- Short Term: INFY, HCLTECH, LTIM
- Long Term: GREAVES COTTON, TEJAS NETWORKS, WIPRO
Riddhi Siddhi Share Brokers – Bearish Looking Stocks:
- HDFCBANK, BRITANNIA, CUMMINSIND
Riddhi Siddhi Share Brokers – Stocks to Avoid:
- HUL, UBL, TATACONSUM
For further insights and to explore our services, visit our website at https://riddhisiddhisharebrokers.com.
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