Page 18 - Ravi Nathani

Nifty FMCG index likely to face stiff resistance at 51,000

Meanwhile, charts suggest that the Nifty Metal index too may be due for a reversal or consolidation, says Ravi Nathani, an independent technical analyst.

Look to sell Nifty Financial Service, PSU Bank indices on rise

According to Ravi Nathani, an independent technical analyst, the Nifty Financial Service Index is currently trading near the higher end of the anticipated trading band of 19,100 - 19,650.

Nifty at 18,500; Charts hint breakout on cards?

Meanwhile, charts suggest that the Bank Nifty is sustains above 44,140 can rally to 45,000 - 45,300 levels says Ravi Nathani, an independent technical analyst.

Nifty Energy, Commodities indices may languish in near-term, show charts

According to the technical analyst, traders must adopt 'sell-on-rise' strategy for both Nifty Energy, and Commodities indices

Nifty Pharma index looks weak on charts; support at 11,700-11,800 levels

Sell the Nifty Pharma index and its constituents and book profits, as the index has been underperforming in recent days

Nifty FMCG, Auto indices likely to underperform in near-term, show charts

The Nifty Auto index is expected to underperform in the near future, and the current rally provides an opportune moment to sell the index and its constituents

Nifty Pvt bank index is consolidating; track these levels for next big move

If the index manages to surpass 22,480 and 22,650, it could indicate a bullish breakout.

Nifty could enter corrective phase; sell rallies with stop loss at 18,500

A stoploss of 18,500 will help limit potential losses in case the index moves against the anticipated correction

Sell Nifty Energy, Commodities indices on rise, suggest charts

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index can dip towards the 23,000 level, while Commodities index could test 5,605 on the downside.

Nifty Pharma likely to remain bearish in near-term, can dip below 12,000

Meanwhile, charts suggest that Nifty Realty and Media indices are experiencing a phase of consolidation says Ravi Nathani, an independent technical analyst.

Trading strategy for Nifty Metal, FMCG indices in the short-term

According to Ravi Nathani, an independent technical analyst, in case the Nifty Metal index closes below 5,625 it could weaken further.

Sell Nifty Private Bank, Financial Service indices on rise, suggest charts

According to Ravi Nathani, an independent technical analyst, the charts are indicating a likely range-bound trade on the Nifty PSU Bank index.

Short-term trend remains bullish for Nifty; resistance likely around 18,500

According to Ravi Nathani, an independent technical analyst, one can look to 'Book Profits on rise' as the Nifty 50 index is expected to face resistance in the 18,450 - 18,500 range.

Charts show Nifty Commodities in overbought zone; sell-on-rise strategy apt

The recent bullish run has propelled Nifty Commodities into an overbought zone, implying optimal trading strategy to capitalise on any upward price movements by selling, said technical analyst

Charts exhibit bearish trend for Nifty Realty, Pharma indices in near-term

By booking profits and staying away from the market, investors can avoid potential losses and capitalise on future price fluctuations that may occur, said the technical analyst

Charts hint near-term correction for Nifty FMCG, sell-on-rise approach apt

It is recommended that traders adopt a cautious approach while trading in Nifty FMCG index, given the overextended market conditions and the likelihood of a correction in the near term, said analyst

Charts reveal bearish trend for Nifty Private Bank index in near-term

By maintaining a strict stop-loss limit and implementing a sell-on-rise approach, investors can navigate present market trends with ease and mitigate potential losses, said the technical analyst

Charts signal bullish trend for Nifty50, Nifty Bank over short-term

According to the technical analyst, the indices current market price, and identified short-term bullish trend, presents an opportunity for investors to potentially generate positive returns

Charts show Nifty Realty in 'overbought' zone, adopt sell-on-rise strategy

Ravi Nathani, independent technical analyst said that the Nifty Realty index has entered an overbought zone, and therefore, traders must exercise caution in their bullish trading decisions

Charts show near-term resistance for Nifty Auto, Nifty FMCG; here's why -

Nifty Auto, and Nifty FMCG indices are likely to face resistance in the near-term, hence the best trading strategy to adopt is to sell-on-rise, said the technical analyst