Subash Gangadharan

The technical & derivative analyst from HDFC Securities recommends buying SAIL and and Hindalco

A larger correction is likely once the 16,782 supports are broken

The technical & derivative analyst from HDFC Securities expects weakness in Nifty to continue

The technical & derivative analyst from HDFC Securities recommends buying Chambal Fertilisers and Info Edge

The Nifty has recently made higher bottoms at 14,416, 14,591, and 14,884 and continues to trade above the 20 and 50-day SMA, which gives further evidence of an uptrend

Nifty has recently made higher bottoms at 14,416 and 14,591 and continues to trade above the 20 and 50-day SMA

Nifty50 index also remains above the 20-day SMA and has now closed at a new life time high after clearing the recent highs of 12,963

Trading ideas by Subash Gangadharan, Senior Technical & Derivatives Analyst, HDFC securities.