Page 29 - Rex Cano

Diwali stock picks: ICICI Bk, ITC, Lodha can zoom up to 54% in Samvat 2081

5 stock ideas for Samvat 2081: ICICI Bank, ITC, Macrotech Developers, Varun Beverages and Thyrocare Technologies can rally up to 54%, suggests technical charts.

Nifty pivot at 24,500; FIIs trim shorts, net buyers in F&O for last 4 days

F&O cues for Oct 29: Analysts expect the Nifty to extend gains in case of sustained trade above 24,500 levels; key support on the downside seen at 24,100.

Can the Sensex hit 125,000 in Samvat 2081? Here's what chart say

After surging up to 25% in Samvat 2080; the Sensex and the Nifty have cooled-off a bit in the last one month. Here's a technical outlook on the benchmarks and sectoral indices for Samvat 2081.

FIIs, proprietary traders holding shorts in Nifty at start of expiry week

F&O cues for Oct 28: Both FIIs and Proprietary traders hold near about 2 bearish bets in index futures for every bullish trade. In contrast, retail investors hold the opposite position.

Tech charts suggests IndusInd Bank could dip another 22% hereon

IndusInd Bank on Friday logged its biggest intra-day fall since March 2020; technically the stock has given a fresh downside breakout on multiple time-frames.

Aster DM, Laurus Labs among 5 smallcap stock ideas in a falling market

Eris Lifesciences, BLS International and Five-Star Business are the other 3 smallcap stocks that look favourably placed on the technical charts in an otherwise weak market.

Analysts expect short-covering in Nifty; FIIs trim Bank Nifty bearish bets

F&O cues for Oct 25: The PCR data suggests 'max pain' for Nifty at 24,450 and for Bank Nifty at 51,700, said Dhupesh Dhameja of SAMCO Securities.

Market crash? Nifty can fall another 1,000 points from here, charts suggest

If the Nifty is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels, charts suggest.

F&O Cues: FIIs continue to hold bearish bets, while retail remain long

F&O cues for Oct 24: The 24,378 level is a crucial short-term support; in case the Nifty holds above this, it might pull back towards the 24,600 - 24,700, said Hrishikesh Yedve in a note.

ALERT: Here's why 24,400 is an important support for Nifty bulls

A weekly close below 24,400 shall indicate a significant change in the medium-term trend to bearish, with a risk of sustained fall to near about 23,000 levels on the Nifty 50 index; suggest chart.

HPCL, Siemens, Petronet among 5 stocks with up to 22% downside risk

Technical chart shows that the key momentum oscillators for these 5 NSE stocks have turned negative; In case of a pullback, here are the key resistance levels for these 5 stocks.

Nifty futures down 7% thus far in Oct; FIIs remain short, retail bullish

F&O cues for Oct 23: FIIs have been net short in index futures since Oct 10; at present they hold 2 short bets for every long trade; Retail investors' long-short ratio stands at 1.75.

RIL stock sees 'Death Cross' on charts just days ahead of bonus record date

Reliance could seek support around its 100-WMA in the run-up to the bonus record date; Whereas, PNC Infratech too has witnessed a 'Death Cross' and could slide another 21% from here on.

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

Nifty futures premium erodes; options hints at more pain below 24,700

F&O cues for Oct 22: Breakout from 24,700-25,250 range to trigger the next directional move, said Sahaj Agarwal of Kotak Securities. IndiaMart InterMesh and RBL Bank among 16 stocks in F&O ban today.

MicroCap stocks shine amid volatility; 1 in every 10 zoom over 10% this Oct

Stocks like IIFL Securities, IFB Industries and Dhani Services soared over 25% so far this month; Experts attribute the outperformance to stock specific news, rather terming it as broader market trend

Nifty resistance stands at 25,000-mark; Bias for Bank Nifty turns positive

F&O cues for Oct 21: Despite Friday's recovery, Nifty options continues to reflect cautious sentiment, with call writing outweighing put writing on Friday, said Dhupesh Dhameja of SAMCO Securities.

Trading strategy ahead of Samvat 2081: Buy the dips, Sell the rallies

Financials, IT, Energy and Auto sectors account for over 52% weightage on the Nifty 50 index; here's how the Bank Nifty, IT, Energy and Auto indices are placed on the charts, and likely trend ahead.

Nifty pivot stands at 24,800, Bank Nifty 51,800; shows F&O data

F&O market update Oct 18: The Nifty options data suggests likely resistance for the index near 24,800 - 25,000, and support between 24,500 - 24,700; says Dupesh Dhameja of SAMCO Securities.

Nifty Auto skids below 100-DMA; Bajaj Auto, Hero Moto can dip another 9%

Two-wheeler stocks bore the brunt of the selling pressure in auto on Thursday, as the Nifty Auto index plunged below its 100-DMA for the first-time in 18 months; Tech charts suggest more pain ahead.