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Tag: technical analysis

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Nifty 50 Faces Selling Pressure; Bank Nifty Bears Target 55,800
Markets

Nifty 50 Faces Selling Pressure; Bank Nifty Bears Target 55,800

by info@biztrendwire.comApril 23, 2026

The Nifty 50 fell eight-tenths of a percent after a gap-down opening for the second consecutive session, closing below its 50-day EMA on April 23. Rising oil prices amid US-Iran negotiations weighed on sentiment. Momentum…

Nifty Closes at 24,576.60; Bank Nifty Could Reach 58,500
Markets

Nifty Closes at 24,576.60; Bank Nifty Could Reach 58,500

by info@biztrendwire.comApril 21, 2026

The Indian stock market ended positively on April 21, with the Nifty 50 closing at 24,576.60, up 212 points or 0.87%. The index opened at 24,374.55, reached a high of 24,601.70, and touched a low…

Indian Markets Show Resilience Amid Sector Rotation Signals
Markets

Indian Markets Show Resilience Amid Sector Rotation Signals

by info@biztrendwire.comApril 18, 2026

The markets traded with a recovery bias through the week, witnessing a rebound after early weakness and eventually closing on a positive note. Nifty oscillated in an 845-point range before settling near the higher end…

Nifty 50 poised for potential rally if it surpasses 24,400 level
Markets

Nifty 50 poised for potential rally if it surpasses 24,400 level

by info@biztrendwire.comApril 17, 2026

The benchmark Nifty 50 rose more than 150 points on April 17, closing at 24,354, marking a total weekly rally of 1.26 percent. This increase follows a nearly 10 percent rise from the April low…

Nifty 50 maintains bullish outlook despite minor profit booking
Markets

Nifty 50 maintains bullish outlook despite minor profit booking

by info@biztrendwire.comApril 16, 2026

The Nifty 50 closed moderately lower on April 16 after a day of sharp rally, as participants awaited clarity on US–Iran negotiations. The index saw a gap-up opening at 24,385 but corrected to 24,103 before…

Gallantt Ispat shares rise nearly 60% in one month
Companies

Gallantt Ispat shares rise nearly 60% in one month

by info@biztrendwire.comApril 16, 2026

Shares of iron and steel manufacturer Gallantt Ispat have surged nearly 60% in just one month, reaching a fresh 52-week high of Rs 869 on the BSE. The stock climbed over 10% despite market volatility…

Nifty 50 closes 1.6% higher, indicating potential uptrend towards 24,500
Markets

Nifty 50 closes 1.6% higher, indicating potential uptrend towards 24,500

by info@biztrendwire.comApril 15, 2026

The Nifty 50 continued its recovery, closing 1.6 percent higher on April 15. This performance was driven by optimism around potential US–Iran negotiations and a decline in oil prices below US$100 per barrel. The index…

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