Page 5 - Anand Rathi

Nifty Bank may hit record high in coming days: Nilesh Jain of Anand Rathi

Nifty Bank has outperformed the benchmarks so far this month. The overall broader structure is hinting at a fresh new high in the January series and as long as it sustains above 31,550 levels

Stock picks by Nilesh Jain of Anand Rathi: Buy IGL, Colgate Palmolive

The stock of Colgate Palmolive has surpassed the upper band of the Bollinger band which hints of a fresh up move in the counter

Stock picks by Nilesh Jain of Anand Rathi: Buy Wipro, Godrej Properties

The stock of Wipro is also trading well above its short-term and long-term moving averages

Infosys, PI Industries, ICICI Bank: Top picks of brokerages for Samvat 2077

According to Axis Securities, the small and midcaps are picking up steam and they should deliver solid returns in 2021 as economic uncertainties will reduce and volatility will decline

Stock picks by Nilesh Jain of Anand Rathi: Buy Wipro, ICICI Lombard

The momentum indicator RSI has reversed from its oversold territory and is showing signs of reversal in Wipro

Stock picks by Nilesh Jain of Anand Rathi: Buy Jubilant Food, Piramal Ent

Jubilant Food's stock has reclaimed its short-term 21-DMA which was placed at 2230 levels. The momentum indicators and oscillators have turned positive on the daily chart which hints at a strong pull

Voltas, RBL Bk: Nilesh Jain of Anand Rathi picks stks in this volatile mkt

The stock of Voltas has provided a fresh breakout from a pennant pattern on the daily chart and has also been trading in a rising channel

Jindal Steel, Adani Ports: Two stocks that Anand Rathi is bearish on

The stock price of Adani Ports has formed a triple top formation on the daily chart at around 365 levels

Stock recommendations by Anand Rathi: Sell Piramal Enterprises, L&T Finance

The momentum oscillator MACD has provided fresh sell crossover on the weekly scale for Piramal's stock

Kamath committee: Analysts applaud criteria, but fear not all may benefit

Analysts remain skeptical of the timeline to implement the restructuring guidelines and the number of companies that may meet the eligibility criteria

Nifty outlook & stock calls by Anand Rathi: Buy Bajaj Auto, Relaxo Footwear

The stock of Bajaj Auto has breached its short term 21-DMA which was placed at 3020, which will now act as a major resistance

Nifty strategy by Anand Rathi: Buy on dips with stop-loss at 11,450

Banknifty has also started joining the market rally

Trading strategies by Nilesh Jain of Anand Rathi: Buy Deepak Nitrite, BHEL

BHEL's stock has provided a breakout from a falling wedge pattern on the daily chart

Trading strategies by Nilesh Jain of Anand Rathi: Buy Wipro, Polycab India

The stock of Wipro has provided breakout from a flag and poll pattern on the daily chart which is considered as a bullish continuation pattern

VIX shows no downside risk for Nifty in short-term: Nilesh Jain

The momentum indicators and oscillators on the weekly scales are still in 'buy' mode

Nifty view and stock picks by Anand Rathi: Buy Tata Consumer, Sell Escorts

The stock of Tata Consumer Products made a fresh all-time high and has provided breakout from a cup pattern on the daily chart

Stock calls by Nilesh Jain of Anand Rathi: Sell Tata Motors, Bajaj Finserv

Tata Motors' stock has provided breakdown from a head and shoulder pattern on the daily chart

Bata India, McDowell: Stocks that Nilesh Jain of Anand Rathi is bullish on

Bata India's stock is on the verge of a breakout from a downward sloping trend line

Nifty view & stock calls by Anand Rathi: Buy Bharti Airtel, Manappuram Fin

The momentum indicators and oscillators are very well in the buy mode on the weekly scale which hints that bulls are making a comeback and the current pullback is likely to extend further

Defensive traders should refrain from aggressive bets on Nifty: Nilesh Jain

The overall fall in volatility is hinting at no major move in the short-term