Chanakya

News

Oyo received Sebi nod, what investors should do

OYO (Prism) IPO Nearing Reality

The biggest takeaway from the latest development is that SEBI has approved the IPO of Prism (formerly Oravel Stays, OYO’s parent company).

Read More

Main Board IPOs

Issue Date

SME IPOs

Issue Date

Read More

NCD

Issue Date

Read More

Right Issue

Issue Date

Read More

Market Insights

Reliance Levels Today

Reliance Targets Today

Reliance has reclaimed its 20, 34 and 50-day SMAs and closed above its 50-day EMA of Rs. 1,309.71. This is encouraging. However, the stock is now approaching its 89-day moving-average resistance around Rs. 1,329–1,331

Chanakya Market Dashboard

Chanakya Market Dashboard | 6 August 2026

Gift Nifty 🔴 Mildly Negative Opening Likely – 24,674 (-0.27%)
Nifty 🟡 Neutral to Mildly Bearish; 24,650–24,700 opening battle
Bank Nifty 🟡 Selective; banking strength needed for market recovery

Gift Nifty Opening Today

What Gift Nifty Signals for Today’s Market Opening

Gift Nifty is trading at 24,674.00, down 0.27%, signalling a mildly negative to cautious opening for the Indian equity market on 6 August 2026.
Global cues are mixed. Dow futures are positive after the index registered another record close,

Sumit Bagadia's breakout stocks

Sumeet Bagadia’s Breakout stocks

For the next trading session, Nifty 24,750–24,800 and Bank Nifty 58,000–58,200 are the crucial resistance zones. On the downside, traders should closely monitor 24,400–24,450 for Nifty and 57,200–57,400 for Bank Nifty.

Bank Nifty Levels Today

Bank Nifty Levels Today

Bank Nifty ended the previous session at 57,739.95, declining 0.29%, but continues to trade above most of its important moving averages. While the short- and medium-term trends remain technically bearish, the long-term trend is still bullish,

SBI Levels Today

SBI levels today

SBI continues to display a constructive technical setup after closing at Rs. 1,055, comfortably above all its major moving averages. The stock has gained 4.07% during the past week,

Break out Stocks by Nilesh Kotak

BASF India is a 5–7 trading-day momentum trade, with the recommended entry strictly above Rs. 3,975. The stock’s RSI of 64.1 falls comfortably within the preferred 56–68 momentum band

Read More

Commodity Insights

Gold Option Trade Strategy Today

Gold – favours further upside

MCX Gold enters 6 August 2026 with a distinctly improved short-term setup. The previous close is around 145,234, while international gold is trading near $4,287, up 0.94%. The option chain also shows a notable shift in positioning around 145,000,

crude trading strategy today

MCX Crude Oil – bearish setup

Crude needs to reclaim 7,165, today’s pivot, to establish the first sign of recovery.
Above this, 7,253 becomes the immediate upside target. A sustained breakout above 7,253 could trigger short covering towards 7,396.

Currency

USD/INR levels today

USD/INR Levels Today

USD/INR – USD/INR witnessed profit booking after a strong rally over the previous few sessions. The latest candlestick has formed a bearish reversal candle