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Charts suggest stock-specific approach
Charts suggest stock-specific approach

Hans India

time05-05-2025

  • Business
  • Hans India

Charts suggest stock-specific approach

NSE Nifty continued to face strong resistance around 24,360 points. After a volatile week, the Nifty closed with 307.70 points or a 1.28 per cent gain. BSE Sensex is up by 1.63 per cent. The Midcap gained by 0.25 per cent, and the Smallcap index is down by 0.63 per cent. The Realty index is the top gainer with 2.58 per cent, followed by Auto with 1.33 per cent. The IT and Bank Nifty are up by 0.93 per cent and 0.83 per cent. The Media is the top loser with 1.71 per cent, followed by Consumer Durables with 0.97 per cent. The India VIX is up by 6.41 per cent to 18.25 per cent. The FIIs continuously bought the equities. They bought Rs2,769.81 crore in May, and the DIIs bought Rs3,290.49 crore worth of equities. The Nifty faced strong resistance around the 24,360-400 zone. On Friday, it faced resistance at the 61.8 per cent retracement level of the prior fall, and fell sharply. It formed a Shooting Star candle. Last week's Shooting Star candle failed to get the confirmation for its implications. The volumes were less than last week. However, the undertone of the market is not showing any weaker signals. The institutional buying gained momentum over the last two weeks. The Indo-Pak, geopolitical tensions remain a risk factor for the market. Due to this, the volatility index India VIX is rising for the last weeks and touched 18.25. This shows that they are enough risk-averse hedged positions were built in the market. Technically, the index formed a higher high and higher lows. The short-term average 8EMA is acting as strong support for now. It sustained above the 200DMA, which is at 24,050 points. It is the near-term support. Once the 200DMA enters into an uptrend, expect the market rally to continue. Though it closed below its previous week, strong buying support protected the fall. The index is above the 40 and 50-week averages. The 50-week average is at 23,962 points, which will be the crucial support. The 30 and 40-week averages are still in the downtrend. All the long-term averages must be in the uptrend for a strong uptrend. The weekly RSI is in the neutral zone and above the prior high. There is no divergence visible. The MACD is strongly bullish. However, the daily MACD histogram shows a decline in momentum due to range-bound trading. If the Nifty is able to close decisively above the 24,400-545 zone with high volume, expect to test 25,300 faster. If it closes below the 24,050-23,962 zone of support, it immediately tests 23,800 points. Stay highly cautiously optimistic on the trend and a stock-specific approach is needed. (The author is partner, Wealocity Analytics, Sebi-registered research analyst, chief mentor, Indus School of Technical Analysis, financial journalist, technical analyst and trainer)

Specsavers to launch Elton John eyewear collection
Specsavers to launch Elton John eyewear collection

Fashion Network

time02-05-2025

  • Entertainment
  • Fashion Network

Specsavers to launch Elton John eyewear collection

Music superstar Elton John is about to launch a signature range of eyewear with Specsavers. But given his global status, love of statement eyewear, and no doubt a legion of higher-end brands/retailers eager to sign the legend to an eyewear deal, why choose this particular UK-based high street retailer? 'Accessibility', husband and business partner David Furnish told at the pre-launch event in London. Standing in for the music legend (he was relaxing in his home garden at the time of the launch, Furnish revealed), he said it was 'so important that Elton's fans are able to readily have access to, afford, and enjoy his eyewear, a feature of his life that is so special to him'. And with access and price being key, the range launches through Specsaver's 2,800-plus stores and businesses globally (approaching 1,000 in the UK), and online from 7 May, priced from £130. More fashion than theatrical, the collection is inspired by key moments in John's life and career, with each 'named after an iconic song, personal milestone, or a pivotal period in his journey - from Yellow Brick Road and Tiny Dancer to Shooting Star and Crocodile Rock'. Each pair features key signature details, such as the 'E' mark symbolising his personal stamp of approval, and the star, 'a nod to his illustrious career'. Sir Elton added in a prepared release: 'Glasses have always been a big part of who I am. For me, style is all about confidence and expressing who you truly are. That's exactly what this collection is about, its helping people feel fantastic in frames that celebrate their individuality.' He noted: 'Specsavers and I share the belief that everyone should have access to eyewear that makes them feel like the best version of themselves.' Bianca Swan, Specsavers' style editor, added: 'Elton John's impact on music, fashion, and self-expression is undeniable, and this collection captures that magic. Each frame tells a story, offering a balance of everyday versatility with individuality and style at the core of the collection. Whether you want a subtle nod to Elton's iconic look or a bold show-stopping piece, there's something for everyone in this collection.'

Specsavers to launch Elton John eyewear collection
Specsavers to launch Elton John eyewear collection

Fashion Network

time02-05-2025

  • Entertainment
  • Fashion Network

Specsavers to launch Elton John eyewear collection

Music superstar Elton John is about to launch a signature range of eyewear with Specsavers. But given his global status, love of statement eyewear, and no doubt a legion of higher-end brands/retailers eager to sign the legend to an eyewear deal, why choose this particular UK-based high street retailer? 'Accessibility', husband and business partner David Furnish told at the pre-launch event in London. Standing in for the music legend (he was relaxing in his home garden at the time of the launch, Furnish revealed), he said it was 'so important that Elton's fans are able to readily have access to, afford, and enjoy his eyewear, a feature of his life that is so special to him'. And with access and price being key, the range launches through Specsaver's 2,800-plus stores and businesses globally (approaching 1,000 in the UK), and online from 7 May, priced from £130. More fashion than theatrical, the collection is inspired by key moments in John's life and career, with each 'named after an iconic song, personal milestone, or a pivotal period in his journey - from Yellow Brick Road and Tiny Dancer to Shooting Star and Crocodile Rock'. Each pair features key signature details, such as the 'E' mark symbolising his personal stamp of approval, and the star, 'a nod to his illustrious career'. Sir Elton added in a prepared release: 'Glasses have always been a big part of who I am. For me, style is all about confidence and expressing who you truly are. That's exactly what this collection is about, its helping people feel fantastic in frames that celebrate their individuality.' He noted: 'Specsavers and I share the belief that everyone should have access to eyewear that makes them feel like the best version of themselves.' Bianca Swan, Specsavers' style editor, added: 'Elton John's impact on music, fashion, and self-expression is undeniable, and this collection captures that magic. Each frame tells a story, offering a balance of everyday versatility with individuality and style at the core of the collection. Whether you want a subtle nod to Elton's iconic look or a bold show-stopping piece, there's something for everyone in this collection.'

Specsavers to launch Elton John eyewear collection
Specsavers to launch Elton John eyewear collection

Fashion Network

time02-05-2025

  • Entertainment
  • Fashion Network

Specsavers to launch Elton John eyewear collection

Music superstar Elton John is about to launch a signature range of eyewear with Specsavers. But given his global status, love of statement eyewear, and no doubt a legion of higher-end brands/retailers eager to sign the legend to an eyewear deal, why choose this particular UK-based high street retailer? 'Accessibility', husband and business partner David Furnish told at the pre-launch event in London. Standing in for the music legend (he was relaxing in his home garden at the time of the launch, Furnish revealed), he said it was 'so important that Elton's fans are able to readily have access to, afford, and enjoy his eyewear, a feature of his life that is so special to him'. And with access and price being key, the range launches through Specsaver's 2,800-plus stores and businesses globally (approaching 1,000 in the UK), and online from 7 May, priced from £130. More fashion than theatrical, the collection is inspired by key moments in John's life and career, with each 'named after an iconic song, personal milestone, or a pivotal period in his journey - from Yellow Brick Road and Tiny Dancer to Shooting Star and Crocodile Rock'. Each pair features key signature details, such as the 'E' mark symbolising his personal stamp of approval, and the star, 'a nod to his illustrious career'. Sir Elton added in a prepared release: 'Glasses have always been a big part of who I am. For me, style is all about confidence and expressing who you truly are. That's exactly what this collection is about, its helping people feel fantastic in frames that celebrate their individuality.' He noted: 'Specsavers and I share the belief that everyone should have access to eyewear that makes them feel like the best version of themselves.' Bianca Swan, Specsavers' style editor, added: 'Elton John's impact on music, fashion, and self-expression is undeniable, and this collection captures that magic. Each frame tells a story, offering a balance of everyday versatility with individuality and style at the core of the collection. Whether you want a subtle nod to Elton's iconic look or a bold show-stopping piece, there's something for everyone in this collection.'

Nacogdoches student named winner of Congressional Art Competition
Nacogdoches student named winner of Congressional Art Competition

Yahoo

time23-04-2025

  • Entertainment
  • Yahoo

Nacogdoches student named winner of Congressional Art Competition

ANGELINA, Texas (KETK) – A Congressional Art Competition was held at Angelina College last weekend to showcase artwork from promising young artists in East Texas. AFFIDAVIT: Parent arrested for giving vodka-laced Jell-O shots to kids at Tyler elementary Christmas party The Congressional Art Competition is held every spring and is attended by U.S. House Members who select one piece of artwork to be displayed in the U.S. Capitol building. Several high school students from East Texas entered their artwork into the competition. The event was attended by U.S. Rep Pete Sessions, who currently serves as representative of District 17 in Washington. Photos courtesy of Angelina College. Alicia Dowell, a student at Nacogdoches High School, was awarded first-place for her submission. Dowell's piece was titled 'Shooting Star' will now be considered among other Texas artists to be displayed nationally. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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