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.
Stocks to buy: Choice Equity Broking Technical Research Analyst Aakash Shah suggests Netweb Technologies, IDBI Bank, and SBI Life Insurance Company for buying
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.
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.
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.
GIC RE stock has witnessed a falling trendline breakout after a phase of strong consolidation on the daily chart, says Om Mehra, technical research analyst at SAMCO Securities.
Gail, Balaji Amines, Schneider Electric: Om Mehra of SAMCO Securities has turned bullish on these 3 stocks across market capitalisation as they are showing signs of base-building on technical charts.
Stocks to buy: Aakash Shah of Choice Broking explains why Schneider, Senores and Sundaram Finance should be on investors radar, highlights key levels to track.
According to the government, 754 aircraft from six scheduled airlines were examined for repeated technical snags from January last year till February 3 this year
IDBI Bank stock has gained 13 per cent in February so far after the Union Budget rekindled hopes of disinvestment. Bonanza technical analyst expects the stock to target ₹125 - ₹130 in the near-term.
Nifty's Budget day high at 25,440, has now shifted from resistance to support, says Kunal Shah, Sr. Tech Analyst at Mirae Asset ShareKhan. On the upside, the analyst expects the Nifty to test 26,700.
At current levels, MCX Gold prices have retraced up to 38.2 per cent, and Silver up to 50 per cent, highlights Aamir Makda Commodity & Currency Analyst of Choice Broking.
A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.
52-week low lists become a common hunting ground to find investments among those that were the darlings of the market in the most recent run-up prior to the correction
