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Will Nifty hit 25,000 this month? Key levels to watch in the week ahead

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Will Nifty hit 25,000 this month? Key levels to watch in the week ahead
Nifty eyes a potential up move following a supportive hammer candle formation, though a dash to 25,000 looks uncertain. While short-term oscillators lean lower, Geojit Investment’s chief market strategist Anand James highlights key immediate targets at 24,300–24,600, advising caution with a strict downside support watch at 23,800.

Edited excerpts from a chat:

After two consecutive and steady weekly gains, what are the targets that you would have for the week ahead for Nifty? Can we expect 25,000 by the end of this month?
Oscillators are all seen turning lower, but that is not surprising given the downsided gapped opening that followed a 50day spree of higher close. There are no clear signals towards a dash to 25,000, but we remain optimistic about an up move, given a hammer candle formation on Friday. We will go in next week with hopes of 24300-600, but also with eyes on 23800 on the side of caution.The crash in IT stocks on Friday has now left the Nifty IT index to 3-year lows while heavyweight stocks are at 5-year lows. What are the charts indicating for Monday’s session?
The Nifty IT index remains technically weak despite Friday’s intraday recovery, and the charts suggest caution for Monday’s session.


On the monthly chart, the index is now hovering close to a crucial horizontal support zone near 26,500-27,000, which has historically acted as a demand base. However, the sustained decline and fresh 3-year lows indicate that selling pressure remains dominant.
Momentum indicators reinforce this weakness. The weekly RSI is hovering near the oversold region, reflecting stretched downside conditions but not yet a decisive reversal signal. Meanwhile, the MACD histogram, although still in negative territory, is showing signs of losing downside momentum, hinting at a possible near-term pause or mild pullback.Friday’s price action marked by a gap-down opening followed by partial recovery in most index heavyweights, except Infosys, suggests short-covering rather than fresh buying interest. This keeps the broader trend fragile, keeping in mind the sharp correction on Friday, triggered by Accenture’s lower FY26 growth guidance, continues to weigh on sentiment and this could cap any immediate upside.

Outlook for Monday remains range-bound with a weak bias, as the index continues to hover near a critical support zone; a decisive break below this level could trigger further downside, while any bounce is likely to face resistance at recent breakdown levels.

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The defence index, on the other hand, hit a fresh 52-week high on Friday amid sustained buying on positive news flow. How strong is the momentum?
The momentum in the defence index appears strong and improving, backed by both price structure and momentum indicators.

From a price-action perspective, the index has been trading within a narrowing wedge and has now pushed towards the upper boundary, suggesting volatility compression followed by directional expansion. This is reinforced by a multi-week range breakout on the upside, indicating fresh participation and a continuation of the broader uptrend.

On the momentum front, the weekly MACD has given a bullish signal crossover, which is significant given the higher timeframe. This typically reflects early-stage trend acceleration rather than exhaustion, especially after a consolidation phase. The MACD histogram also appears to be stabilizing after a mild contraction, hinting at renewed upward momentum.

Additionally, the index sustaining above key breakout zones around the recent range highs strengthens the case for trend persistence. The steady higher highs formation visible on the chart further confirms underlying demand.

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Stocks such as Paras Defence, MTAR Technologies, Data Patterns, and Apollo have been gaining since the beginning of this month. In contrast, major players like BEL, BDL, Mazagon Dock, Cochin Shipyard, and GRSE have seen an uptick only since the beginning of this week and now appear to be attempting a reversal, which could gain traction in the coming weeks leading the index towards 9880-10000 region.

Transformers & Rectifiers (India) shares jumped 10% on Friday. More steam left?
Transformers & Rectifiers is poised for a large and sustained upmove, having completed an inverted Head and Shoulder pattern breakout. However, an evening star candlestick pattern formed in 2 hour charts on Friday points to a consolidation or slippage initially, which can be used for fresh entry into the anticipated upmove.

The New India Assurance Company stock ended the week 32% up. How would you trade now?
Despite the steep rise in the last two days, momentum appears to be in the stock’s favour as confirmed by volume participation as well as oscillators. We prefer to stay with the uptrend for now, with stop loss placed below 187.

Give us your top stock ideas for the week?
RADICO (LTPL 3769)
View: Buy
Target: 4000 – 4200
SL: 3480
Radico Khaitan is exhibiting a strong bullish continuation setup across higher timeframes. On the weekly chart, the stock has resumed its uptrend after a brief consolidation, forming a sequence of higher highs and higher lows, indicating sustained buying interest. The recent breakout above the 3,400–3,500 zone suggests a range expansion, supported by improving volume activity.

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Momentum indicators remain constructive. The weekly RSI is trending above 70, reflecting strong momentum, while the MACD has witnessed a bullish crossover with rising histograms, signaling acceleration in upward momentum. On the monthly chart, the structure remains firmly positive, with the stock holding above key support levels and continuing its long-term uptrend.

Despite the strength, short-term overheating cannot be ruled out given the sharp rally; hence, minor pullbacks or consolidation near current levels may occur. However, any such dips are likely to be buying opportunities as long as the structure remains intact.
Traders can consider a positive bias with an upside target of 4,000-4,200, while maintaining a strict stop-loss at 3,480 on a closing basis.

REDINGTON (LTPL 280)
View: Buy
Target: 315
SL: 264
Redington is exhibiting early signs of a recovery after a prolonged consolidation phase, supported by improving price action and momentum indicators. The stock has rebounded sharply from the 200–210 demand zone, forming a strong bullish candle on the weekly chart, which indicates renewed buying interest.

Price is now attempting to reclaim the 275–285 resistance band, a key supply zone that has capped upside in recent months. A sustained move above this region could confirm a short-term reversal, paving the way for further upside. The overall structure suggests a potential transition from a downtrend to a range breakout attempt. It has comfortably closed above the weekly Supertrend level of 273 indicating bullishness.

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On the momentum front, the RSI has turned upward from lower levels, indicating strengthening momentum, while the MACD has delivered a bullish crossover with expanding histogram bars, reinforcing the positive bias.

A positive bias can be maintained with an upside target of 315, while keeping a strict stop-loss at 264.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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9 Sensex stocks with up to 40% upside potential. Are these in your portfolio? – Money Makers

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9 Sensex stocks with up to 40% upside potential. Are these in your portfolio? - Money Makers

Analyst forecasts often offer more than just numbers; they provide insights into where the next wave of market opportunities may emerge. For investors scanning the Sensex for potential outperformers, the latest analyst consensus highlights several heavyweight stocks that could deliver strong returns over the coming year.

According to Trendlyne data, multiple Sensex stocks show attractive upside potential over the next 12 months based on average analyst target prices. This “upside” represents the expected gain from current levels and serves as a research-backed indicator for investors seeking to position themselves ahead of potential rallies. Among them, nine Sensex stocks stand out, with projected gains ranging from 20% to 40%, suggesting strong return potential in an increasingly selective market.

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M-cap of nine of top 10 most valued firms jumps Rs 2.15 lakh cr; Airtel biggest winner

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M-cap of nine of top 10 most valued firms jumps Rs 2.15 lakh cr; Airtel biggest winner
The combined market valuation of nine of the top-10 most valued firms jumped by Rs 2.15 lakh crore last week, with Bharti Airtel emerging as the biggest winner, in line with improving global risk sentiment.

Last week, the BSE benchmark Sensex jumped 1,274.95 points, or 1.68 per cent.

“Indian equity markets extended their recovery during the week, supported by easing geopolitical concerns, softer crude oil prices, and improving global risk sentiment. Although negotiations remain ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment,” Ponmudi R, CEO – Enrich Money, an online trading and wealth tech firm, said.

The market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms.

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Life Insurance Corporation of India (LIC) added Rs 51,675.23 crore, taking its valuation to Rs 5,56,726.30 crore.


The valuation of Bajaj Finance soared by Rs 26,553.71 crore to Rs 5,98,501.25 crore, and that of Reliance Industries jumped by Rs 22,464.02 crore to Rs 17,71,882.96 crore.
Also Read | Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: Report
The market capitalisation (mcap) of Larsen & Toubro climbed Rs 21,929.12 crore to Rs 5,79,126.95 crore, and that of State Bank of India rallied Rs 16,753.57 crore to Rs 9,55,415.07 crore.
HDFC Bank‘s mcap edged higher by Rs 11,948.72 crore to Rs 12,01,263.14 crore, and that of Hindustan Unilever advanced by Rs 6,661.1 crore to Rs 5,15,946.75 crore.

The valuation of ICICI Bank rose by Rs 4,724.22 crore to Rs 9,66,021.99 crore.

However, the market value of TCS declined by Rs 12,699.49 crore to Rs 7,69,350.13 crore.

Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever.

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Bulldogs Grind Out Vital Win Over Injury-Ravaged Saints to Climb Ladder

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Bulldogs Grind Out Vital Win Over Injury-Ravaged Saints to Climb

MELBOURNE — The Western Bulldogs secured a much-needed victory in a low-scoring affair, defeating an injury-hit St Kilda side 12.11 (83) to 8.13 (61) at Marvel Stadium on Sunday afternoon. The win propelled the Bulldogs into seventh place on the AFL ladder, keeping their finals hopes firmly alive.

It was a contest that tested the Bulldogs’ resilience from the opening bounce. St Kilda, already battling injuries, lost key players during the game, compounding their struggles in a match they needed to keep their own postseason aspirations on track. The Bulldogs controlled large portions of the game through midfield dominance but had to withstand a Saints fightback before sealing the result late.

Marcus Bontempelli was the standout performer for the visitors, collecting 34 disposals, 13 clearances and booting a goal, including a highlight-reel roving major in the second quarter that brought the crowd to its feet. His leadership and work rate set the tone for a Bulldogs side that has shown glimpses of its premiership pedigree this season. Tom Liberatore’s return added further steel to the midfield, with the veteran gathering 23 disposals and five clearances in his first game back since Round 6.

The Bulldogs jumped out of the blocks, kicking the first three goals of the match, mirroring a pattern St Kilda has endured in recent weeks. However, the Saints responded to trail by just 16 points at halftime. The second half remained a grind, with both teams trading blows in a physical encounter under the closed roof.

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St Kilda’s injury woes worsened dramatically. Co-captain Jack Sinclair hobbled off early with a calf injury after recording just one disposal, and scans are expected to determine the severity. Ruckman Tom De Koning, a significant recruit for the Saints, was forced from the field in the second quarter after copping a knee to the ribs in a contest. He briefly returned but was ruled out at halftime. Rowan Marshall also spent time off the ground in the third quarter after a heavy hit in the ruck contest.

Despite the setbacks, St Kilda showed fight, particularly through their forward line and pressure around the ball. However, their inaccuracy and the Bulldogs’ ability to win the stoppages proved decisive. The Saints now sit outside the top eight with a challenging run ahead before their mid-season break.

Western Bulldogs coach Luke Beveridge would be pleased with the four-point haul, especially after recent inconsistencies. The return of Liberatore provided a boost, while players like Matt Kennedy contributed goals and contested work. The Bulldogs’ defense held firm in the final quarter to repel Saints surges and secure the 22-point victory.

This result highlights the competitive nature of the middle of the 2026 AFL ladder. For the Bulldogs (now 9-6), it reinforces their status as a dangerous finals contender when their best players fire. Bontempelli’s performance, in particular, underscores why he remains one of the league’s premier midfielders. His ability to influence contests at both ends of the ground was pivotal in a game lacking high-scoring flair but rich in intensity.

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For St Kilda, the afternoon was a reminder of the fragility of their campaign. Coach Ross Lyon faces a significant challenge in managing the injury list while trying to extract more consistency from a group capable of strong performances but prone to slow starts. The loss of Sinclair and De Koning disrupts their structural balance, particularly in defense and ruck. Marshall’s availability will also be monitored closely.

The match statistics reflected the Bulldogs’ midfield control. They won the clearance battle decisively, allowing them to generate repeated forward entries. While St Kilda competed in tackles and contested possessions at times, they struggled to convert opportunities into scores, finishing with more behinds than goals.

Key moments included Bontempelli’s second-quarter goal, which came after a slick handball chain and highlighted the Bulldogs’ transition speed. In the final term, with the margin inside two goals, the Dogs’ experienced heads steadied the ship. Multiple players contributed to the defensive effort, denying the Saints clean looks at goal in the closing stages.

The Bulldogs’ forward setup, bolstered by returning players, provided enough targets to keep the Saints’ defense honest. Kennedy’s presence added another dimension, with his work alongside the likes of Aaron Naughton and others creating headaches for St Kilda’s back six.

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This victory comes at an important time for the Western Bulldogs. With several teams jostling for ladder position, every point counts. Their ability to grind out a win in less-than-ideal conditions — against an opponent missing key personnel — bodes well for the business end of the season.

St Kilda, meanwhile, will regroup during the bye period. The club will hope for positive news on their injured stars to mount a late charge. Their home ground advantage at Marvel Stadium has been solid, but on this occasion, it wasn’t enough to overcome the Dogs’ determination and superior midfield.

The game drew a solid crowd to Marvel Stadium, with fans treated to a tough, attritional battle typical of AFL at this level. While not a high-scoring spectacle, it delivered in physicality and highlighted the depth required to succeed in the modern game.

As the season approaches its midpoint, the Bulldogs have positioned themselves well. Consistency remains the key for both sides, but Sunday’s result

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Uruguay Faces Cape Verde Test in Miami With Two Key Absences Looming Large

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Sebastián Cáceres

MIAMI GARDENS, Fla. — Uruguay head to Hard Rock Stadium on Sunday, desperate to secure their first victory of the tournament. La Celeste controlled early possession against Saudi Arabia but struggled to convert that dominance into meaningful chances, ultimately settling for a frustrating 1-1 draw. Marcelo Bielsa will demand a far more ruthless attacking display against Cape Verde. With European champions Spain waiting on matchday three, maximum points here are not just important — they are essential.

Two Surprise Results Have Left the Group Wide Open

A pair of surprise opening results for Uruguay and Cape Verde, albeit for differing reasons, leaves Group H wide open before they meet in Sunday’s World Cup clash. Cape Verde held Spain to a shock goalless draw in their debut at FIFA’s top event, despite facing 27 shots from the European champions across almost 100 minutes. Coincidentally, Uruguay also attempted 27 efforts in their tournament opener but were left frustrated by a 1-1 draw with Saudi Arabia.

With all four Group H teams currently tied on one point, Cape Verde may be sensing another opportunity to move closer to an unlikely progression. Their chances of featuring in the last 32 have jumped to 47.6% from the 32.9% the Opta supercomputer gave them before a ball was kicked in North America.

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Cape Verde’s Disciplined Defensive Blueprint

Cape Verde will likely sit deep again in Miami against Bielsa’s side, given how that blueprint worked against La Roja. Coach Bubista will have been delighted with how disciplined his side were off the ball. Cape Verde conceded only one foul — the fewest by any team in a World Cup match on record since 1966 — despite Spain having over 74% of possession.

Much of that defensive resilience traced back to a standout individual performance in goal. Forty-year-old goalkeeper Vozinha delivered an inspired display for Cape Verde. His seven saves was the most by a goalkeeper keeping a clean sheet against Spain in any competition since October 2020, when Ukraine’s Georgiy Bushchan managed eight. Vozinha was aided by a resilient backline in front of him, led by Pico Lopes, whose 11 clearances on matchday one was the most by a debutant in the World Cup for an African team since Tunisia’s Karim Haggui against Saudi Arabia in 2006.

Uruguay’s Two Critical Absences

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Bielsa is without two key players ahead of this fixture. Ronald Araújo is ruled out with a calf injury, while Giorgian de Arrascaeta is also sidelined with a calf problem of his own. The absence of De Arrascaeta in particular strips Uruguay of their most creative passer.

Losing Ronald Araújo reshapes the defense, with Sebastián Cáceres alongside Mathías Olivera. The absence of De Arrascaeta leaves a creative hole against a team that just kept a clean sheet against Spain. Uruguay may need to be more direct and lean harder on Vinas and the runners from deep.

Uruguay’s Likely Lineup

Fernando Muslera retains his place in goal after a record-breaking appearance against Saudi Arabia. Sebastián Cáceres partners Mathías Olivera in central defense, with Guillermo Varela and Juan Manuel Sanabria as the full-backs. Federico Valverde and Rodrigo Bentancur provide the creative drive in midfield, with Manuel Ugarte offering defensive cover behind them.

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In attack, Bielsa faces a decision over Darwin Núñez, who struggled against Saudi Arabia and was substituted at halftime. Federico Vinas is the likely replacement should Bielsa opt for a change. Agustín Canobbio offers pace and directness from the flank. Maximiliano Araújo, who scored the late equalizer against Saudi Arabia, is expected to retain his place.

Uruguay’s possible starting XI: Muslera; Varela, Cáceres, Olivera, Sanabria; Valverde, Bentancur, Ugarte, Araújo; Canobbio, Núñez.

A Statistical Edge in Set Pieces

Maximiliano Araújo is expected to again be central to any creative exploits for Uruguay given his recent form from dead-ball situations. As well as equalizing, his five chances created — all from set-pieces — was the most by a Uruguay player in a World Cup game since Diego Forlán managed as many against Mexico in 2010. Cape Verde’s defense should expect a heavy aerial workload given Uruguay attempted 34 crosses from open play on matchday one, the most of any team across Groups A to H, and also their most on record in a World Cup match since 1966, though only nine were successful.

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Uruguay’s Encouraging Recent History

Despite the missing personnel, Uruguay’s broader recent record at the World Cup offers some reassurance. Uruguay have only lost one of their last nine group games on FIFA’s global stage, with six wins and two draws, that lone defeat coming 2-0 to Portugal at Qatar 2022. Those nine matches have seen just 15 goals scored overall, 11 for and four against, at an average of 1.7 per game.

Cape Verde, by contrast, have struggled specifically against South American opposition in their limited history. Bubista’s team have lost their only two matches against CONMEBOL sides — they suffered a 1-0 defeat against Ecuador four years ago and a 4-2 loss to Chile in March this year.

Match Details and How to Watch

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The Group H fixture kicks off at 6 p.m. Eastern Time on Sunday, June 21, 2026, at Hard Rock Stadium in Miami Gardens, Florida. The match will be broadcast on FS1, Telemundo, and FOX One in the United States. UK viewers can watch the match live and free-to-air on BBC One, with a live stream available via BBC iPlayer and the BBC Sport website.

The Betting and Statistical Outlook

The numbers point heavily toward Uruguay despite their personnel concerns. The Opta supercomputer struggled to see past a win for Uruguay, who claimed all three points in a massive 67.2% of 25,000 pre-match simulations. Cape Verde are afforded just a 12.2% chance of victory in the same data-led simulations, while the draw accounted for 20.6% of scenarios. Separate market pricing from Kalshi traders shows a similar lean, with Uruguay priced at 67% to win, the draw at 23%, and Cape Verde at 11%.

With Spain looming on matchday three and all four Group H sides level on points after the opening round, Sunday’s result carries outsized importance for both nations’ paths through the remainder of the group. A Uruguay win would put Bielsa’s side in firm control of their own destiny heading into the decisive final fixture, while another surprise result for Cape Verde would mark a second remarkable result in as many matches for the tournament’s smallest participating nation, and would meaningfully boost their already-improved odds of reaching the knockout rounds for the first time in their history.

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CTO Realty Growth: Hold Common Stock For Dividend, Buy Preferred For 7.5% Yield

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CTO Realty Growth: Hold Common Stock For Dividend, Buy Preferred For 7.5% Yield

This article was written by

I am a financial analyst with a background in corporate finance, credit analysis, and market research, with a particular focus on fixed income and income-generating assets. My work on Seeking Alpha focuses on preferred stocks, bonds, REITs, BDCs, and fixed income investment assets, areas where I believe rigorous credit analysis is often underrepresented in the volume of equity-focused commentary available to individual investors. My approach to investing is fundamentally driven by risk-adjusted returns. I look for situations where the market has mispriced a security relative to its credit quality. I pay close attention to balance sheet structure, asset coverage ratios, dividend coverage, and preferred redemption schedules, as these are the factors that most directly determine the risk and return profile for preferred holders. Professionally, I have experience in analyzing structured credit instruments, valuing corporate balance sheets, and building models for valuing income securities. My background is in finance and economics. I have been actively following the fixed income and hybrid markets for several years, with a particular interest in periods of interest rate volatility.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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UK business minister says he has no reason to think PM Starmer will resign on Monday

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UK business minister says he has no reason to think PM Starmer will resign on Monday


UK business minister says he has no reason to think PM Starmer will resign on Monday

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After the fracture: how Britain’s financial industry recovered from Brexit

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After the fracture: how Britain’s financial industry recovered from Brexit


After the fracture: how Britain’s financial industry recovered from Brexit

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Week Ahead: Digesting Last Week’s Evolving Developments

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Week Ahead: Digesting Last Week's Evolving Developments

Financal technology concept. FINTECH.

metamorworks/iStock via Getty Images

Last week was momentous. There was a fragile 60-day de-escalation during negotiations between Washington and Tehran. However, the allies of both (Hezbollah and Israel) continue to clash, stalling talks. Still, oil prices tumbled 7-9%. At the same time, a new era at the Federal

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Secretive Wall Street Powerhouse Jane Street Seizes the AI Spotlight

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Secretive Wall Street Powerhouse Jane Street Seizes the AI Spotlight

Mystery has long shrouded Jane Street, the Wall Street trading giant. Its traders rely on proprietary algorithms, making it hard to understand how the firm generates all its profits. It’s privately owned and only trades with its own money, so its moves are difficult to track. It’s also an unusually flat organization, with no one leader at its helm to speak on business television or serve as its public face.

The firm’s location adds to its enigma. Jane Street occupies a nondescript office building in Brookfield Place across from the World Trade Center, rather than the Greenwich Village street it randomly picked for its name. 

Now, as the firm pushes to become an artificial-intelligence powerhouse, it’s edging into the spotlight.

Jane Street has surged in size from a handful of staffers when it was founded 26 years ago to 3,500 employees, and it wants to get much bigger, with plans to recruit more than 500 employees this year. To become a major AI investor and supercharge its trading with the technology, it needs to catch the attention of AI startups and talent.

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Earnings call transcript: Accenture Q3 2026 results spark sharp stock selloff

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Earnings call transcript: Accenture Q3 2026 results spark sharp stock selloff

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