Axis Securities said that Canara Bank has confirmed a 'multiple resistance' breakout at Rs 119 levels on the daily charts, which shows a resumption of the prior uptrend.
YES Bank: The private lender's counter has been active lately, following State Bank of India's (SBI) announcement last month that it would offload 13 per cent of its stake in YES Bank to Japan's Sumitomo Mitsui Banking Corporation (SMBC) at a price of Rs 21.50 per share.
YES Bank share price: This sharp uptick comes just one day ahead of the private lender's scheduled board meeting, where key fundraising plans are expected to be discussed.
YES Bank share price: The stock eventually settled 9.77 per cent higher at Rs 20. At this price, it has gained 13.57 per cent in the last five trading days.
An analyst from Anand Rathi said that Paytm has recently found support following a brief pullback, with a notable rebound in the previous trading session from the S3 Camarilla pivot level.
An analyst from Arihant Capital Markets is observing that prices of IRFC are trading below the 200-day SMA on the daily charts, which is sign of weakness.
An analyst from StoxBox said that the shares of Nestle India is currently experiencing a downtrend, trading cautiously at its immediate support level around Rs 2,145.
An analyst from YES Securities said that LIC has recently seen a significant decline from its peak of Rs 1,222, approaching the 50 per cent Fibonacci retracement on the daily chart.
An analyst from LKP Securities said that BPCL resumed below the important 21 EMA which confirms the presence of further downside pressure forex.
An analyst from LKP Securities said that HCL Technologies has broken out of a consolidation pattern on the daily chart, indicating rising optimism, with RSI forming a bullish crossover.
Last week, the BSE benchmark climbed 85.31 points or 0.10 percent. The 30-share BSE Sensex hit its new all-time high of 81,587.76 on July 19. Markets were closed on July 17 on account of Muharram.





