Mayank Jain of Share.Market by PhonePe flags key support and resistance levels for wires & cables stocks - Polycab, Havells India and KEI amid market correction post UltraTech's 'Ultravolt' launch.
When a stock becomes oversold, it does not automatically mean it is a good time to buy, cautions Pabitro Mukherjee, Deputy Vice President-Research at Bajaj Broking.
Muthuselvaraj M of Mirae Asset Sharekhan expects the short-term bias to remain sideways but sees positive prospects for Bank of India, UCO Bank and IOB among others from a medium-term perspective.
Amit Trivedi, technical and derivative research analyst at YES Securities flags key levels to track on MCX India, Ather Energy and Welspun Corp; these stocks rallied up to 39% in August.
HDFC Bank stock is testing its 100-month moving average - an eight-year mean - for the first time in its 30-year history; the ₹700-mark is key support to watch, says technical analyst, Drumil Vithlani
Midcap bank stocks - Yes Bank, IndusInd Bank and Bank of India are trading up to 50-94% away from their respective all-time highs even as the Nifty Midcap quotes at new peaks, shows data.
Axis Bank displays a notable structural shift, with its 50-DMA crossing below its 200-DMA, confirming the formation of a classic 'Death Cross' on the daily chart, explains Mayank Jain of Share.Market.
Gold-financers Muthoot Finance and Manappuram Finance saw a divergence in stock performance primarily due to stock re-rating, says Sunny Agrawal, Head of Fundamental Research at SBI Securities.
Pabitro Mukherjee of Bajaj Broking flags a bullish 'cup and handle' and 'falling trendline' breakout on these smallcap stocks Engineers India and Sagility on the charts.
Godawari Power and Ispat (GPIL) stock is seen trading within a well-defined 'Rising Channel' structure since 2024, highlighting a strong underlying uptrend, says Anand James of Geojit Investments.
Mayank Jain of Share.Market by PhonePe flags the formation of 'Bullish Flag & Pole' on IFCI and Action Construction Equipment charts; a pattern that suggests likely continuation of the prior uptrend.
Hitesh Rathi, Technical Analyst at Angel One reckons that BSE and MCX have witnessed a notable correction in recent months, and the charts now hint at presence of strong support at these counters.
Sudeep Shah, Technical Research Analyst at SBI Securities, expects the bearish trend to continue in technically oversold stocks - Lupin, Godrej Consumer and PFC-and flags key hurdles to watch out for.
Om Mehra, Technical Research Analyst at SAMCO Securities anticipates potential upside in Oberoi Realty, ICICI Prudential AMC and 360 One Wam stocks; flags key support levels to watch out for.
Muthuselvaraj M, technical research analyst at Mirae Asset Sharekhan says Mahindra & Mahindra, Jio Financial Services and Shriram Finance stocks look favourably placed on the technical charts.
Virat Jagad, technical research analyst at Bonanza identifies key support and resistance levels in 5 prominent Tata group stocks amid Tata Sons chairman Chandrasekaran's resignation on Wednesday.
Paytm stock surged 71% thus far in FY27, and a whopping 429% from its all-time low of ₹310 in May 2024. Tech analyst at YES Securities reckons that the stock can possibly test the IPO price from here.
BSE stock has declined over 22% from its record high of ₹4,447 hit in May 2026; Q1 results on August 4. Tech analyst at SBI Securities says stock structure looks weak, flags key near hurdles on chart.
Sun Pharma outlook: Analysts at Bajaj Broking flag a breakout above the monthly consolidation zone and the formation of higher-highs, higher-lows among key reasons for a bullish view on the stock.
