Kunal Kamble, technical analyst at Bonanza helps decode a trading strategy in oil & gas related stocks as Crude Oil prices surge to a multi-year high around $119 per barrel on Monday.
The recent up move in Nifty Defence reflects renewed buying after a long phase of consolidation, says Om Mehra, technical analyst at SAMCO Securities. The analyst is bullish on BEL, BDL and GRSE.
AWL Agri has cracked 80% from its peak, and registered 16 new life-time lows this year, after the stock dipped below its listing day low on Jan 9. The previous record low was ₹227, hit on Feb 8, 2022.
Mazagon Dock, Concor, IRCTC, DLF and SRF can bounce back from oversold levels owing to a positive divergence on the RSI indicator, explains Muthuselvaraj, technical analyst at Mirae Asset ShareKhan.
Within the Nifty 500, 14 stocks, including AWL Agri, LTIMindtree, Wipro, CoForge and IRFC were trading with a RSI reading below 20; technically the oversold threshold for the RSI parameter is 30.
Bullish signs on charts: Hitesh Tailor of Choice Broking explains that BEL has witnessed a decisive symmetrical triangle breakout, while Dr Reddy's and Triveni Engineering saw 'Golden Crossovers'.
PSE stocks have rallied up to 19% thus far in CY26, and up to 45% so far in FY26. Anand James of Geojit Investments expects BPCL, IOC and PFC to gain another 10% from current levels.
Drumil Vithlani, Technical Analyst at Bonanza, decodes trading strategy in IDFC First Bank, AU SFB following the recent adverse stock reaction on the NSE.
Stocks to buy, February 24: Kotak Securities Equity Research Head suggests placing bets on Britannia Industries and Smartworks Coworking Spaces. Here's why
Vodafone Idea stock is currently witnessing a distribution phase rather than an uptrend, says Hitesh Tailor of Choice Broking. Here are the key levels to watch out for as per the technical analyst.
Here's why technical analysts at Kotak Securities and Bonanza are bullish on Trent, Tata Steel, Titan and Voltas. Tata Sons board meet on Tuesday, February 24.
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.
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.
