Om Mehra of SAMCO Securities decodes stock charts of Karur Vysya Bank, DCB and CUB, and shares insights on the likely trend and key levels to watch out for in the near-term.
Om Mehra of SAMCO Securities believes that Tata Capital stock is approaching a critical confluence zone around ₹300-mark; but adds that a move above its 20-DMA is key for a likely revival.
Coforge has rallied 12 per cent in the last three trading sessions. Technical analyst at Geojit highlights the formation of a higher-high on the weekly chart among key reasons.
Amol Athawale, technical analyst at Kotak Securities believes that M&M Finance is still showing some positive structure; while cautions of a weaker set-up in case of Larsen & Toubro and Hero MotoCorp.
Ajit Mishra of Religare Broking expects SAIL to rally to ₹240, and Dixon Technologies past ₹13,000-mark; whereas, he cautions Kaynes Technology could crack to ₹2,500 if it breaks key support.
Mid-, small-cap stock ideas: Rohan Shah, technical analyst at Asit C. Mehta Investment Interrmediates sees up to 23% upside potential in NCC, Zydus Wellness, Aarti Industries, VTL and Redington.
Analysts at Axis Direct recommend a buy on Apollo Hospitals, Amber Enterprises and CG Power in their weekly stock picks, for a potential upside up to 19 per cent.
Top stocks to buy below ₹100: Rajesh Bhosale of Angel One recommends buy on NHPC, NMDC, HCC, South Indian Bank and Lloyd Engineering for up to 23% upside potential based on technical chart patterns.
Anand James, chief market strategist of Geojit expects up to 22 per cent upside in Tata Chemicals, Ramkrishna Forgings and Crompton Greaves Consumer Electricals.
Maruti Suzuki India stock outlook: Technical analyst at Mirae Asset Sharekhan believes that Maruti can rally over 20% past the ₹15,000-mark, as and when it clears the 38% retracement level.
Eternal stock can retrace up to 61.8 per cent of the preceding fall, implying a potential upside target price of ₹310 in the near-term, explains Muthuselvaraj of Mirae Asset Sharekhan.
A technical breakout on charts, coupled with clear earnings visibility backed by rising order book are among the key reasons why analysts at Geojit are bullish on HFCL share price.
Technical analyst at Choice Broking expect CUB and LTF to rally up to ₹315 and ₹320 levels in the near-term; whereas Elara Capital projects a medium-term target levels.
Analysts at Bajaj Broking believe that Bharat Electronics stock is on the cusp of an upside breakout, according to the Flag formation pattern on the daily chart.
Technical analyst at Bajaj Broking is bullish on Vodafone Idea stock as it generated a breakout above a falling channel, and is seen sustaining above its 200-DMA.
Kunal Kamble is bullish on smallcaps Cupid, MMTC and South Indian Bank as the Nifty SmallCap 250 index attempts a breakout above its 200-DMA on the daily chart.
Midcap stocks to buy? Muthuselvaraj of Mirae Asset Sharekhan expects Waaree Energies, BSE and Phoenix Mills to surge up to 40% in the short- to medium-term.
Target price of Canara Bank share: Sumeet Bagadia of Choice Broking expects Canara Bank to find strong support around ₹125, its previous rounding bottom breakout level.
Premier Energies has outperformed the overall market thus far in March amid hopes of new incentive scheme for solar sector. Market strategist expects the stock to test 200-DMA on the upside.
