New Delhi, Aug. 26 -- On Monday, 25 August, Indian equities closed on a firm note, with the Nifty 50 advancing 97.65 points or 0.39% to settle at 24,967.75, while the BSE Sensex climbed 329.06 points or 0.40%, ending the session at 81,635.91.
The Bank Nifty, however, showed relative weakness, slipping by 10.10 points or 0.02% to close at 55,139.30, as profit-taking weighed on financial names.
Why Emami Realty is recommended:Emami Realty is showing improving momentum, with the daily RSI at 66, reflecting a positive bias. The MACD has turned positive at 2, while ADX at 16 signals that a new trend is developing.
On the daily chart, the stock has broken out of an upper triangle channel, which often indicates the beginning of a strong rally...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.