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​Inverted Hammer Pattern is a one-day candlestick pattern in which there is a small red real body and upper shadow extending from the body and is formed at the bottom of a downtrend.​

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The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Bata India has reported 4% growth in standalone net profit at Rs 65 crore for the quarter ended March. Revenue from operations rose 17% to Rs 778 crore during the quarter under review.

​The Futures Long Position Scan conducted today revealed that there were Aggressive New Long positions taken on 4 largecaps. This indicates a bullish sentiment in the market.​

​Aggressive New Short means the average traded quantity for 5 days along with cumulative Open Interest for the stock has increased whereas the price has decreased. Here are 4 stocks displaying such a trend:​

Oil prices fall on strong dollar, sticky inflation

Updated at : 2023-05-19 08:20:01

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Oil prices fell slightly in early Asian trade on Friday as optimism that a U.S. debt default will be avoided weighed against sticky inflation data that could portend more interest rate hikes from global central banks. Brent futures were down 2 cents at $75.84 a barrel as at 0015 GMT. U.S. West Texas Intermediate (WTI) crude fell 10 cents, or 0.043%, to settle at $71.76. Earlier this week, U.S.

​I genuinely believe there is enough opportunity. I have driven programmes which are multi-year programmes, efficiency programmes. So, I do see that kind of opportunity having spent now more than six months in the company, I am very confident that these initiatives or a culture that I want to build of continuous process improvement, be it starting from discounts to food cost, logistics cost, manpower cost, store operations cost and G&A will carry us through irrespective of how the market pans out.

The economic shock was anticipated in 2023 and we seem to be in a window right now where we are transitioning from the price shock into the economic shock –we are seeing issues within credit in US and the regional US banks.

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"The dispute is between the Hiremath family and BNK family, and there are no monetary claims against the company. The management of the company strongly believes that this dispute between the shareholders, as private parties, is not expected to cause any negative impact or have any contagion effect on the performance and operations of the company," Hikal said in an exchange filing.

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The resolution process timeline, which was initiated in April 2022, ends on May 25 after taking into account the various procedural delays. But banks will petition the National Company Law Tribunal (NCLT) as soon as Friday to extend the timeline by at least 15 days to ensure enough time for voting.

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