Kunal Shah of Mirae Asset ShareKhan expects breakout on the Nifty Pharma index above 23,500 levels; the analyst recommends Lupin, Biocon and Torrent Pharma as top sectoral stock bets.
Hitesh Tailor, technical analyst at Choice Broking predicts up to 11 per cent upside for Sundaram Finance, HSCL and VTL following the 'Golden Crossover' and bullish set-up on the charts.
Anand James of Geojit Investments reckons that the momentum oscillators for Infosys are yet to show signs of full reversal, and flags key support for the stock around ₹1,340 levels.
Om Mehra, tech analyst at SAMCO Securities highlights that Torrent Pharmaceuticals after a recent consolidation phase, has witnessed a strong breakout above ₹4,200 levels.
Om Mehra, tech analyst at SAMCO Securities explains that Britannia is trading in a well-defined rectangular range, or more precisely, a Darvas Box repeatedly finding support near the lower boundary.
Aakash Shah of Choice Broking reckons that Apollo Pipes has closed above short- and medium-term EMAs, and broken above the falling trendline; thus confirming a breakout on the charts.
Analysts at Choice Broking expects Dr Reddy's Laboratories stock to gain up to 15.5%, and test ₹1,465 levels on the upside in the medium-term given the favourable structure on the weekly chart.
Minda Corp stock is near ₹610-breakout with higher lows, while Bajaj Consumer stock is seeing long-term reversal above ₹345. Aakash Shah suggests buy levels, stop loss and share price targets
ICICI Bank & Max Health shares show bullish technical setups with breakout patterns and EMA crossovers, says Osho Krishan of Angel One. Check buy levels, stop loss, price targets for near-term upside
Delivery platform stocks Eternal and Swiggy are showing a positive trend after 4 months. Kunal Shah, technical analyst at Mirae Asset Sharekhan helps decode trading strategies in these 2 stocks.
Despite the sharp volatility, the Nifty is seen holding above the 20-DMA and 200-DMA on the technical charts; analysts see 25,500 as the key support for now.
Nandish Shah of HDFC Securities suggests Bajaj Finance bull call spread for 24 Feb expiry. Check cost, max profit, breakeven, margin, and technical rationale
SBI, Federal Bank, Shriram Finance and Ujjivan SFB are showing strong bullish uptrend, with all 4 stocks trading above the key moving averages across time-frames, suggest technical charts.
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
