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.
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.
Aakash Shah, technical analyst at Choice Equity Broking expects ONGC, Oil India and BPCL to gain up to 10 per cent from here based on the strong chart patterns.
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.
Tech analysts Drumil Vithlani of Bonanza and Aakash Shah of Choice Equity Broking decode trading strategy in Apex Frozen Foods, Rallis India, Coromandel and Tata Consumer Products ahead of Budget 2026
Stocks to buy from agri, defence ahead of Union Budget: Gaurang Shah of Geojit Investments prefers defence shares such as - Bharat Electronics, Cochin Shipyard, MTAR Technologies and BHEL.
HPCL has retreated sharply from its all-time high, and also underperformed its peers BPCL and IOC in the month of January thus far. Tech chart shows the stock is trading at the 200-DMA on Friday.
F&O stocks Indian Bank, SAIL, Uno Minda, TCS, KEI Industries, Wipro, Patanjali Foods, Oil India, RVNL and Naukri have witnessed high rollovers, states the Axis Securities report.
Post the sharp 20% fall, IndiGo stock seems to be forming a base near ₹4,700 levels, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.
Drumil Vithlani of Bonanza expects Eternal to consolidate in the existing trading range, as one of the key momentum oscillators indicates lack of directional trend for the stock.
