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S&P Global Market Intelligence's New Outlook Report Shows the Convergence of Public and Private Credit Markets and Expects the Trend to Continue into 2025
What Ryan Day said after losing to Michigan football -- again - WolverinesWireShares of This Little-Known Home Improvement Business Have Outperformed Home Depot Stock Over the Last 5 Years. Here's Why I Expect This Trend to Continue Over the Next 5 Years.
LOS ANGELES — Londynn Jones scored 15 points, making all five of her 3-pointers, and fifth-ranked UCLA stunned No. 1 South Carolina 77-62 on Sunday, ending the Gamecocks' overall 43-game winning streak and their run of 33 consecutive road victories. The Gamecocks (5-1) lost for the first time since April 2023, when Caitlin Clark and Iowa beat them in the NCAA Tournament national semifinals. Te-Hina Paopao scored 18 points and Tessa Johnson scored 14 for the Gamecocks, whose road winning streak was third-longest in Division I history. It was the first time UCLA took down a No. 1 team in school history, having been 0-20 in such games. The program's previous best wins were over a couple of No. 2s — Oregon in 2019 and Stanford in 2008. Elina Aarnisalo added 13 points as one of five Bruins in double figures. UCLA (5-0) dominated from start to finish, with the Bruins' suffocating defense preventing the Gamecocks from making any sustained scoring runs. South Carolina: The Gamecocks trailed by double-digits at halftime for the first time since Dec. 21, 2021, against Stanford, according to ESPN. Chloe Kitts, who averages a team-leading 14 points, finished the game with 2 points on 1 of 7 shooting. UCLA: The Bruins led 43-22 at halftime. Eight different players scored and contributed to 11-0 and 7-0 runs in the first and second quarters as they shot 52% from the field. The first quarter set the tone for a game in which the Gamecocks never led. They missed their first nine shots and were 4 of 18 from the floor in the quarter. UCLA ran off 11 straight points to take a 20-10 lead into the second quarter. The Bruins dominated the boards, 41-34, and held the Gamecocks well under their scoring average of 80.2 points. South Carolina travels to Florida to meet Iowa State in the Fort Myers Tipoff on Thanksgiving. UCLA travels to the Rainbow Wahine Showdown in Hawaii to play UT Martin on Friday. Get local news delivered to your inbox!NoneI am holding Axis Bank shares at ₹810. What is the long-term outlook? Dhayaanithi M, Hosur Axis Bank (₹1,079): The broader trend is up and strong. The stock touched a high of ₹1,339 in July this year and has been in a corrective fall since then. Immediate support is at ₹1,060. Next important support is around ₹1,000. A fall below ₹1,000 is unlikely. The stock can resume its uptrend from around ₹1,000 and target ₹1,500 by the end of 2025. Keep a stop-loss at ₹970 and protect some profit. Revise the stop-loss up to ₹1,220 when the price goes up to ₹1,380. Move the stop-loss further up to ₹1,340 when the price reaches ₹1,400. Exit the stock at ₹1,500. The bullish view will go wrong if the stock declines below ₹1,000. In that case, a fall to ₹920-₹900 can be seen. What is the short- and medium-term outlook for ONGC? Can I buy at current levels? Maneel ONGC (₹236): The short-term outlook is bearish. The trend is down since August and is strong. Resistance is in the ₹270-₹280 region. There is room for a fall to ₹210-₹190 in the coming months. So, for the short term you can stay out of this stock. However, this broad ₹210-₹190 is a strong support zone which can halt the fall. From a long-term perspective, there are good chances to see a rally from around ₹200. That can take ONGC share price up to ₹350. You can buy at ₹215 and ₹195. Keep a stop-loss at ₹160. Trail the stop-loss up to ₹230 when the price goes up to ₹280. Move the stop-loss further up to ₹290 when the price touches ₹310. Exit the stock at ₹350. I have bought Lupin at ₹1,778. What is the technical outlook? Pradeep Kabra, West Mumbai. Lupin (₹2,228): The stock has been in a strong uptrend since April 2023. The uptrend remains intact. Support is around ₹1,950. Chart indicates that one more leg of rally is still pending within the broad uptrend. Lupin share price has potential to target ₹2,700 in the coming months. So, keep a stop-loss at ₹1,880 and hold the stock. Move the stop-loss up to ₹2,300 when the price goes up to ₹2,480. Revise the stop-loss further up to ₹2,580 when the price touches ₹2,650. Exit the stock at ₹2,700. The bullish view will go wrong if the stock declines below ₹1,950. That in turn will bring in the danger of the stock price tumbling towards ₹1,500. What is the outlook for IDFC First Bank? I have bought this stock. Balaji, Tirupur IDFC First Bank (₹62.50): The stock has been in a strong downtrend since September 2023. There is no sign of a reversal. There is room to test the next support zone of ₹59-₹58 in a month or two. Even if a bounce happens from this support zone, it may not be a trend reversal. For the outlook to turn bullish and to confirm a trend reversal, IDFC First Bank share price has to rise above ₹70. That looks unlikely now. Even if that happens, it may take a lot of time. Although you have not mentioned your purchase price, this is not a stock to remain invested. So, we suggest you exit the stock at current levels. You can consider reinvesting that amount in some other stocks like Lupin or Axis Bank explained in the previous questions. Send your questions to techtrail@thehindu.co.in Comments
