Technical Snapshot — NIFTY 50
Short-term momentum after breakout above 22,200. Watch support 22,000 and resistance 22,650.
- 50-day SMA tilting up; RSI ~62.
- Volume surge confirms breakout.
Fundamental Pick — Horizon Ltd (Q3)
Earnings beat led by export demand; valuation attractive with P/E ~12.5.
- Revenue +14% YoY; EBITDA margin expanded.
- Strong free cash flow; buyback announced.
Market Headlines
Expert Commentary
“This consolidation is healthy — wait for confirmation above resistance before adding exposure.” — R. Mehta