Page 14 - Chart Reading

DLF, Godrej Properties: Realty stocks that have gained in 2019

A Golden Cross breakout can trigger an upside rally in DLF

SBI, PNB: Should you buy PSU banks after RBI kept interest rate unchanged?

Both the technical parameters - Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) for Nifty PSU Bank index are trading with negative crossover and indicate weakness

Sensex can scale higher if it breaches 40,800; bank stocks likely to shine

The daily chart shows buying around 40,200. If this level holds, then a further upside looks certain. Although, MACD trades with a negative crossover, the charts do not indicate any major weakness

BPCL, HPCL, IOC: Here's how OMCs have performed over the past few weeks

The finance minister stated the strategic disinvestment of the two state-run companies is critical for the government to meet its disinvestment target of Rs 1 trillion for the current fiscal year.

RIL crosses Rs 1,500; up 35% in 2019. Charts show Rs 1,760 is in the offing

A decisive close above Rs 1,400 triggered short-covering, resulting in the new up move. That apart, a "flag pattern" with a breakout suggests Rs 1,420 and Rs 1,450 will act as an immediate support

Chart check: Here's how metal stocks have fared at the bourses

Tata Steel has witnessed "Death Cross" pattern on the weekly chart but RSI and MACD are trading with a positive crossover.

Realty, NBFC, Cement: Select stocks from these sectors set to rise over 10%

While the development is a step in the right direction as regards the real estate sector, non-bank fiannce companies (NBFCs) and the cement sector, too, will reap benefits, some experts say

Bharti Airtel, Voda-Idea: How to trade telecom stocks post AGR judgement

According to the experts, the verdict will have a devastating impact on the telcos and Vodafone-Idea will be the worst-hit.

Glenmark and Lupin: Are pharma stocks a good contrarian bet?

Glenmark Pharma is continuously going down from Rs 600 levels and is not showing any sign of recovery.

Indiabulls Housing Finance, HDFC: Should you stay away from HFCs?

Till Indiabulls Housing Finance does not consolidate at the current levels at least for two months with above average volumes, one should not be optimistic

Bear grip getting stronger? Over 50% Nifty F&O stocks trade below 200 DMA

The 200-day moving average (DMA) is one of the important indicators to ascertain buy or sell trends.

Sensex zooms over 3,000 points in two days. Is it time to book profit?

The index had witnessed 10 per cent correction from June, 2019 and an upside of over 5 per cent in the past two sessions has strengthened the positive view on the technical charts

Chart check: Sensex must cross 37,700 level to attract follow-up buying

The S&P BSE Sensex on Tuesday tanked 642 points or 1.73 per cent to end at 36,481.09 while the NSE's Nifty50 settled at 10,818, down 186 points or 1.69 per cent.

InterGlobe Aviation and SpiceJet are ready to fly higher, show charts

Indigo is set to move towards its new all time high, while SpiceJet has absorbed selling pressure around higher levels

Balrampur Chini, Kothari Sugar: Is it the right time to buy sugar stocks?

The Union Cabinet recently approved a subsidy of Rs 6,268 crore for the export of 6 million tonnes of sugar. The development triggered a rally in select counters

Is Infosys a good bet post Rs 8260-crore buyback? Here's what charts say

The stock has absorbed all the selling pressure in the range of Rs 760 - Rs 770 and is ready for a fresh upside. Although it witnessed mild selling above Rs 800, the overall trends still looks bullish

Markets may see selling pressure; Sensex faces resistance at 37,000 mark

A bigger upside rally is expected only if it has added volumes and the Sensex is able to hold above the resistance zone

NMDC, Tata Steel, Vedanta: What do tech charts indicate for metal stocks?

Tata Steel, Vedanta and SAIL have seen sharp fall in their stock prices in the recent months.

PNB, IDBI, Bank of India: 3 stocks that can dip 10% from the current level

If the Nifty Bank index stays below 2,600 level for another week, then a major breakdown may lead to a long term bearishness, tech charts suggest.

Chart reading: Sensex, Nifty show reversal, but will this rebound sustain?

As the market breadth turns negative, only sideways consolidation or V-shape recovery can revive the positive sentiment.