IRCTC, Tata Power, SAMIL: Key levels to watch out for these buzzing stocks

IRCTC, Tata Power, SAMIL: Key levels to watch out for these buzzing stocks

IRCTC is consolidating in the Rs 720- 690 range. Any breakout of this range could propel the next move on the counter.

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Samvardhana Motherson's breakout mark exists at Rs 95. Its support is falling around Rs 85 level. A breach of this range shall trigger the next rally.Samvardhana Motherson's breakout mark exists at Rs 95. Its support is falling around Rs 85 level. A breach of this range shall trigger the next rally.
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Pawan Kumar Nahar
  • Dec 1, 2023,
  • Updated Dec 1, 2023 7:32 AM IST

Domestic equity indices posted mild gains on Thursday amid the expiry of November series F&O contracts. The BSE Sensex gained 86.53 points, or 0.13 per cent, to end at 66,988.44. The NSE Nifty rose 37 points, or 0.18 per cent, to end the day at 20,133.15. Tata Power must close with aggressive volumes over the Rs 270-mark to enter the next up move. A consecutive closing over Rs 270 shall see a move in the positive direction. The support for the current trend appears at Rs 255 level. Successive closes above Rs 270 could propel a move to the Rs 300-mark.Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

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Also read: TCS share buyback 2023 to open today. Should you tender shares? Sharekhan answers 

Also read: Stock recommendations by market analysts for December 1, 2023: Amara Raja, IOL Chemicals and Jindal Saw

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

Domestic equity indices posted mild gains on Thursday amid the expiry of November series F&O contracts. The BSE Sensex gained 86.53 points, or 0.13 per cent, to end at 66,988.44. The NSE Nifty rose 37 points, or 0.18 per cent, to end the day at 20,133.15. Tata Power must close with aggressive volumes over the Rs 270-mark to enter the next up move. A consecutive closing over Rs 270 shall see a move in the positive direction. The support for the current trend appears at Rs 255 level. Successive closes above Rs 270 could propel a move to the Rs 300-mark.Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

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Also read: TCS share buyback 2023 to open today. Should you tender shares? Sharekhan answers 

Also read: Stock recommendations by market analysts for December 1, 2023: Amara Raja, IOL Chemicals and Jindal Saw

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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