Analysts at Choice Equity Broking expect the stock to rally past ₹1,500-mark on the upside, indicating a potential upside of over 14 per cent from current levels.
Analysts attribute the pullback in Godfrey Phillips to value-buying, as the stock had shed nearly 50% in the last five months. ITC, meanwhile, has witnessed a gradual 29% dip from September 2024 high.
Bajaj Finance stock is seen testing the 200-DMA for the first time since January 2025. That apart, Radico Khaitan is also seen testing the long-term moving average after a gap of 10 months.
More than 50% of Nifty Smallcap 250 stocks are seen trading with a 'Death Cross' pattern, show technical charts; 15 smallcaps witnessed this bearish chart formation in New Year 2026.
The Nifty IT index needs to breakout above 38,500 resistance, for a likely 13 per cent rally, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.
The Nifty is seen quoting below its short-term moving averages, and today testing the key supertrend line support, shows the daily charts. Here are the key levels for the index.
Technical charts show that ITC, Godfrey Phillips, Jubilant FoodWorks, AWL Agri Business and United Breweries are trading in oversold zones based on the 14-day RSI parameter.
Defence related stocks have rallied up to 5% this year. Sachin Gupta of Choice Broking believes that there is pre-Budget optimism, and projects up to 12% upside in 5 shares based on technical charts.
Technically, the term 'Death Cross' means that the 50-DMA has slipped below the 200-DMA. Chart shows that LIC stock now trades below both the key moving averages.
Analysts at JM Financial have maintained 'ADD' rating on Dixon Technologies and Indian Energy Exchange; while Nomura retained 'BUY' on Dixon. Here's how these 2 beaten-down stocks are placed on charts
EIH stock has witnessed the formation of 'Death Cross'. ITC Hotels, EIH Associated Hotels, Taj GVK and Mahindra Holidays have also seen the similar bearish formation in the recent past.
Nitant Darekar of Bonanza believes that railway stocks present a compelling investment opportunity, and merit accumulation for investors seeking infrastructure exposure ahead of Budget 2026.
Coal India, IDBI Bank, Jindal Stainless, Ajanta Pharma and Graphite India were seen trading above the higher end of the Bollinger Bands backed by strong volume on charts.
The Nifty Auto index has zoomed as much as 157.8 per cent in the last four calendar years as against a 50.6 per cent surge in the benchmark Nifty 50, shows data.
Devarsh Vakil, Head of Prime Research at HDFC Securities reckons that investors should wait for a 10-15 per cent price correction in Hindustan Copper and Hindustan Zinc.
