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Finolex Cables is currently trading near ₹765, below its 50-day and 200-day moving averages indicating short-term bearish momentum. Technical indicators such as RSI (~28) and MACD point to oversold conditions, suggesting potential near-term reversal or consolidation. However, immediate resistance is seen around ₹790-800, and the stock needs to sustain above this for a bullish breakout.…

Vedanta is currently in a bullish technical phase supported by strong MACD and moving averages on daily and weekly charts. The stock trades significantly above its 50-day (around ₹472) and 200-day (around ₹445) moving averages, reflecting solid upward momentum. RSI is in a healthy range, confirming strength without being overbought. Key support is near ₹500,…

HEG is currently in a consolidation phase near the ₹580 level after a strong rally, showing signs of short-term profit booking. Key support levels are around ₹530-540, while resistance is near ₹600. Momentum indicators like RSI and MACD suggest cautious optimism with RSI around 44-45 indicating room for upside but not yet overbought. The 50-day…

BANKNIFTY IS IN UPTREND STRUCTURE