Page 17 - Ravi Nathani

Nifty FMCG index could weaken below 51,120; Look to buy metals on dip

According to Ravi Nathani, an independent technical analyst, the bias for Nifty Metal Index is likely to remain bullish as long as it holds above 5,910.

Bias for Nifty PSU Bank, Pvt Bank indices remain bullish; here's why

According to Ravi Nathani, an independent technical analyst, the current consolidation in Nifty Pvt Bank index is more time-based rather than price-based.

Bank Nifty near lower-end of consolidation range; key support at 43,400

According to Ravi Nathani, an independent technical analyst, the Nifty 50 is seen consolidating in the 18,500 to 18,900 range.

Nifty Midcap 50 weekly chart signals caution; watch out for these levels

According to Ravi Nathani, an independent technical analyst, while the Nifty Midcap index has strong resistance around 10,125 level.

Trading strategies for Nifty Auto, Realty indices

While the Nifty Realty index is expected to pullback in the near-term, the Nifty Auto index seems to be trapped in a consolidation range, says Ravi Nathani, an independent technical analyst.

Nifty Pharma, FMCG indices trading near key resistance zone

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index is expected to face resistance around 52,250 - 52,375 range; and the Pharma index at 13,425.

Nifty Pvt Banks index may weaken; avoid shorting PSU Bank index

According to Ravi Nathani, an independent technical analyst, the short-term trend for the Nifty PSU Bank Index is bullish, indicating a positive outlook in the near term.

Resistance for Nifty seen at 18,900; Bias remains bullish

According to Ravi Nathani, an independent technical analyst, the Bank Nifty, however, remains trapped in the 44,500 - 43,375 range for now.

There two NSE indices look bullish on charts amid market volatility

Considering the bullish trend in the Nifty Energy Index, the recommended trading strategy would be to buy on dips

Nifty Pharma index may correct in near-term, downside target seen at 12,700

The Nifty Pharma Index is currently trading at a CMP of 12,976.80. The index is expected to undergo a consolidation phase with a negative bias

Nifty Auto index in 'overbought' zone, time to book profit, suggest charts

At current levels, charts suggest booking profits or even consider short-selling in Nifty Auto index. Support levels on the charts are expected around 13,900 and 13,500

Nifty Financial Services index may break below this level; check details

The index is expected to find support in the near term between the range of 19,375 and 19,290

Nifty, Nifty Bank eye range-bound moves; here's how to trade them

Given that the overall trend is bullish, the recommended trading strategy would be to consider buying NIfty50 near the support levels

Nifty Pharma likely to weaken in near-term; adopt sell on rise approach

Nifty Pharma is weak on hourly charts. Traders should be cautious and sell on every rise, while Nifty Energy Index is in a range-bound phase, says Ravi Nathani

Book profits as Nifty Auto, Nifty Financial index trade in overbought zone

Nifty Financial Services is exhibiting a triangle-shaped pattern, which indicates a period of consolidation and uncertainty, says Ravi Nathani

Book profits in Nifty FMCG and await clear direction in Nifty Metal index

Nifty FMCG is in the overbought zone, indicating that it is expected to trade sideways or experience a timewise or a pricewise correction, says Ravi Nathani

Sell Nifty Pvt Bank on rally; Nifty PSB to see profit booking below 4,050

A close below 4,050 in the Nifty PSU Bank index would likely attract profit booking in the near term, says Ravi Nathani, an independent technical analyst.

Nifty 50 to face resistance at 18,650; Nifty Bank may slip into downtrend

The Stochastic and RSI indicators are showing a downward slope for the Nifty Bank index, indicating a bearish outlook, says Ravi Nathani, an independent technical analyst

Trading strategies for Nifty Energy, Nifty Consumption indices

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is consolidating in the 23,460 - 24,460 range.

Nifty Realty chart indicates likely trend reversal, may slip up to 415

Meanwhile, the Nifty Pharma chart too is flashing caution signal for traders as it too could reverse, says Ravi Nathani, an independent technical analyst.