Buy Indian Oil Corporation, target Rs 170

Indian Oil Corporation appears to have formed a strong base around Rs 150 where it is attracting huge buying interest as pointed out by long lower shadows on weekly charts.          After the recent correction from the highs of Rs 177, Indian Oil Corporation appears...

Accumulate Havells India, target Rs 590

We feel traders shouldn’t miss this chance and accumulate fresh long in the range of Rs 555-560 for target of Rs 590.   After a strong up move from Rs 520 to Rs 580 levels, Havells India has retraced marginally. It has reached close to its price support zone placed around Rs 555, offering...

Technical View: Nifty forms strong bullish candle; 11,080 next key level to watch

Option band signifies an immediate trading range in between 10,929 to 11,080 zones, experts said.    The Nifty50 recouped some of its previous day's losses to close the session above psychological 11,000-mark on Tuesday, forming strong bullish candle on the daily charts. The rally...