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Street Signals: Technical charts point to further upside for Nifty

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Street Signals: Technical charts point to further upside for Nifty
The Nifty’s recent upmove could continue towards 24,300–24,600, though some near term consolidation is possible after the recent rally. Analysts see the 23,700–23,900 zone as key support and recommend buying on dips.

AMOL ATHAWALE

VP—TECHNICAL RESEARCH, KOTAK SECURITIES

Where is the Nifty headed? The weekly charts display a Doji candlestick pattern, signalling uncertainty and indecision between bulls and bears. Trading Strategy The short-term market outlook remains optimistic, with traders advised to buy on dips and sell on rallies. For the Nifty, the 50-day SMA around 23,850–23,750 is expected to act as a key support zone, while resistance is seen at 24,200–24,400. A fall below 23,750 may prompt traders to exit long positions.

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TOP BETS FOR THE WEEK
Britannia Industries: Buy; CMP: Rs 5,195; stop loss: Rs 5,100; target: Rs 5,450

After finding support near Rs 5,050, the stock reversed and is undergoing positive consolidation near its 20-day SMA, indicating that the pullback may continue. Rs 5,100 is likely to act as a crucial support level, and sustaining above it could extend the move towards Rs 5,450.
Grasim Industries: Buy; CMP: Rs 3,150; stop loss: Rs 3,085; target: Rs 3,300
On both the daily and weekly charts, the stock remains in a strong uptrend, with Rs 3,090 emerging as a critical support level. As long as it stays above this mark, the rally could extend towards Rs 3,300, while a fall below Rs 3,090 may warrant an exit from long positions.

Screenshot 2026-06-22 060728Agencies

RUCHIT JAIN
HEAD – EQUITY TECHNICAL RESEARCH, MOTILAL OSWAL FINANCIAL SERVICES

Where is the Nifty headed? The Nifty has recovered steadily from the 23,000 mark, forming a higher bottom near the 61.8% Fibonacci retracement level and reclaiming its 50-day DEMA, signalling improving momentum. If the upmove sustains, the index could head towards 24,500, where the 200-day DEMA and a previous swing high may act as key resistance. On the downside, immediate support is placed at the 20-day DEMA near 23,700, and holding above this level would keep the short-term bullish bias intact.

Trading Strategy: Traders are advised to maintain a positive bias and use corrective declines to create fresh long positions. Dips towards 23,900–23,850 can be used as buying opportunities, with a stop loss below 23,700, while the Nifty may target 24,250 initially and 24,500 if momentum strengthens.

TOP BETS FOR THE WEEK
Aditya Birla Capital: Buy; CMP: Rs 376; stop loss: Rs 360; target: Rs 405
The stock is on the verge of breaking out of a sixmonth consolidation range, suggesting a continuation of its broader primary uptrend. A decisive breakout could trigger fresh momentum and attract follow-up buying.

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Premier Energies: Buy; CMP: Rs 1,080; stop loss: Rs 1,020; target: Rs 1,180.
The stock has been forming a higher-top, higher-bottom structure. Prices are respecting the support range of the 20- and 50-day DEMAs, while the RSI oscillator indicates positive momentum.

PABITRO MUKHERJEE
DEPUTY VICE PRESIDENT— TECHNICAL, BAJAJ BROKING

Where is the Nifty headed?
The bias remains positive, and the Nifty is expected to extend its upmove towards 24,300 and 24,600 in the coming weeks. While some consolidation after the recent 1,100-point rally cannot be ruled out, dips towards the 23,800–23,900 support zone should be used to accumulate quality stocks. The broader market is likely to continue outperforming, with the Nifty Midcap 100 targeting 63,500 and the Nifty Smallcap 100 moving towards its CY25 high of 19,225. Trading Strategy Buy Nifty futures at current levels and on dips towards 23,900 for targets of 24,300 and 24,600.

TOP BETS FOR THE WEEK

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Bharat Electronics: Buy; CMP: Rs 427; stop loss: Rs 411; target: Rs 452
The stock has broken out above the falling channel that contained its two-month decline and has also closed above its 20- and 50-day EMAs, offering a fresh entry opportunity. The stock is likely to gradually move towards Rs 452, which marks the 80% retracement of the previous decline from Rs 464 to Rs 399.

Eternal: Buy; CMP: Rs 264; stop loss: Rs 249; target: Rs 290
The stock is on the verge of breaking out above its eight week consolidation range of Rs 234–265, offering a fresh opportunity. A bullish crossover of the 20-day EMA above the 50-day EMA supports positive bias, with the stock expected to move towards Rs 290–295 in the coming months.

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Pandora Down Today? Users Report Playback, Login and App Issues as Complaints Spike Across the Country

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FTSE 100 Surges 0.8% Today as Oil Eases and Markets

Some Pandora users across the United States reported difficulty accessing the music streaming service Thursday, after outage tracking platform Downdetector recorded a noticeable rise in user complaints throughout the day.

Listeners described a range of problems, including playback interruptions during streaming, trouble loading the Pandora app, and login failures when attempting to sign into their accounts. The reports prompted many users to turn to social media and outage-tracking sites to ask whether Pandora was experiencing a broader, platform-wide service disruption.

As of Thursday afternoon, Pandora had not issued an official confirmation of a widespread outage affecting the service, despite the increase in user-submitted reports on Downdetector. The company has not released a statement identifying a specific cause for the issues some users experienced, and the scope of the disruption, whether it affected a small subset of users or a larger portion of Pandora’s overall user base, remained unclear based on publicly available information.

Downdetector, the outage-tracking platform where many of Thursday’s complaints were logged, works by aggregating user-submitted reports about service disruptions across thousands of websites and applications, rather than directly monitoring the internal systems of the companies it tracks. Because the platform relies on self-reported user complaints rather than direct access to a company’s server infrastructure, spikes in reported issues can sometimes reflect genuine service outages, while other spikes may result from more localized problems affecting individual users, internet service providers or specific devices rather than a true platform-wide failure.

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Separate monitoring services tracking Pandora’s status, including those affiliated with Sonos, which integrates Pandora’s streaming service into its home audio products, reported the platform as operational during checks conducted around the same period Thursday. One such service noted only a single user-submitted outage report over a 24-hour window, a volume of complaints within the range the service characterized as normal rather than indicative of a significant disruption.

Pandora, founded in 2000, has grown over more than two decades into one of the best-known platforms for personalized internet radio and music streaming in the United States. The service uses a recommendation system built around what the company calls the Music Genome Project, which analyzes musical attributes of songs to generate personalized listening stations based on a user’s stated preferences. Pandora has faced increasing competition in recent years from rival streaming platforms including Spotify and Apple Music, both of which have continued to expand their own personalized recommendation features in ways that have narrowed some of the differentiation Pandora’s algorithm-driven approach to music discovery once offered.

For users experiencing difficulty accessing Pandora, general troubleshooting steps commonly recommended for streaming service disruptions include restarting the Pandora app or closing and reopening it entirely, checking for available app updates through a device’s app store, verifying that the device’s internet connection is functioning properly by testing other online services, and, if accessing Pandora through a web browser, performing a full page refresh or clearing the browser’s cached data. If a service-side outage is confirmed to be the underlying cause of access problems, however, individual troubleshooting steps taken by users are unlikely to resolve the issue until the company restores normal service on its end.

Thursday’s reported issues with Pandora were not an isolated case of technology service disruptions drawing attention that day. Separate reports also surfaced regarding possible chat, login and API issues affecting Anthropic’s Claude AI system across multiple regions, including the United States, Australia and the United Kingdom, according to outage-tracking reports published around the same time, suggesting a broader pattern of scattered technology service disruptions being reported and tracked across different platforms that day, though the reported issues involving Pandora and other services do not appear to be directly connected to one another based on currently available information.

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Users seeking updates on Pandora’s service status are generally advised to monitor the company’s official social media channels or support pages for any formal acknowledgment of an outage, since third-party outage-tracking platforms like Downdetector, while useful for gauging the scale of user-reported complaints in near real time, do not have direct access to a company’s internal systems and cannot independently confirm whether reported issues stem from a true platform-wide outage, a more limited regional or device-specific problem, or unrelated individual technical issues affecting different users simultaneously.

As of the most recent available information, Pandora had not provided an estimated timeline for resolving the issues some users reported experiencing Thursday, and the company had not responded publicly to inquiries about the elevated complaint volume registered on Downdetector throughout the day. Users continuing to experience problems accessing the service were encouraged to check for updates directly through Pandora’s official channels rather than relying solely on third-party outage trackers for the most current and authoritative information about the platform’s operational status.

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Cerus Corporation (CERS) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Cerus Corporation’s Second Quarter 2026 Earnings Conference Call. Please be advised, today’s conference is being recorded. I would now like to hand the conference over to Tim Lee, Cerus’ Head of Investor Relations. Tim, you may begin.

Timothy Lee
Head of Investor Relation

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Thank you and good afternoon. I’d like to thank everyone for joining us today. As part of today’s webcast, we are simultaneously displaying slides that you can follow. You can access the slides from the Investor Relations website at ir.cerus.com. With me on the call are Vivek Jayaraman, Cerus’ President and Chief Executive Officer, and Kevin Green, Cerus’ Chief Financial Officer. Cerus issued a press release today announcing our financial results for the second quarter ended June 30, 2026, and describing the company’s recent business highlights. You can access a copy of this announcement on the company’s website at www.cerus.com.

I’d like to remind you that some of the statements we’ll make on this call relate to future events and performance, rather than historical facts and are forward-looking statements. Examples of forward-looking statements include those related to our future financial and marketing results, including our 2026 product revenue guidance, our expectations for gross margins, non-GAAP adjusted EBITDA performance, and our expected expense levels, as well as our commitment to achieving GAAP profitability. Expected future growth in our growth trajectory and market opportunities, our expectations that we will deliver P&L leverage in 2026, the availability and related timing of data from clinical trials, planned regulatory submissions and

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First Solar, Inc. (FSLR) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript