SPONSORED BY

Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
 
Business Standard

Web Exclusive: Technical trends for select index stocks

Check out the technical trends in select mid-cap stocks with Ranak Merchant, Technical Analyst (Strategies) at Sushil Finance

Related News

Check out the technical trends in select mid-cap stocks such as Infosys, ITC, Cipla, Bharti Airtel and NTPC with Ranak Merchant, Technical Analyst (Strategies) at Sushil Finance

Smartinvestor : ITC is among the top Sensex gainers today. The stock has corrected from Rs 305-306 levels. Is the stock likely to resume its uptrend and what are the near term targets for the stock?

Ranak Merchant : ITC appears to have found some support near 278 post the corrective fall. 289 is a likely resistance for the stock, the level being an important average. With index in consolidation FMCG may attract interest in the extreme short term, but a runaway move not expected in the counter.

Smartinvestor : Software major which has been range bound between Rs2,300 and 2,375 is witnessing correction after recent gains ahead of its third quarter earnings later this week. What are the near term supports for the stock?

Ranak Merchant : Infy has gained the reputation of being an extreme volatile stock on results day. The upward bounce of the stock from lows of near 2250 are experiencing exhaution near 2445 levels, thus marking it as a broader range for the stock. Supports continue to be near the 2200-2250 mark.

 

For detailed transcript please CLICK HERE

Read more on:   
|
|

Read More

Today's picks

Nifty, Bank Nifty, Reliance Industries, DLF & Wipro

Recommended for you

Quick Links

Market News

Nifty ends above 8,900 on growth oriented Budget; Axis Bank up 8%

The 30-share Sensex ended 141 points higher at 29,361 and the 50-share Nifty surged 57 points to close at 8,902.

Sensex gains 233 points; private banks lead

Provisionally, the 30-share Sensex surged 233 points to end at 29,454 and the 50-share Nifty gained 75 points to close at 8,920.

Market reactions to Union Budget 2015

Here is how leading market experts interpret the Union Budget 2015 proposals

Bank Nifty zooms over 500 points; Axis Bank surges 8%

IndusInd Bank, Yes Bank and Kotak Mahindra Bank rallied between 4-6% on NSE.

Pharma shares gain; BSE Healthcare index up nearly 200 points

SPARC, Aurobindo, Sun Pharma, Ranbaxy Laboratories and Dr Reddy's Laboratories are up 2-7% on BSE.

 

Back to Top