Page 7 - Daily Technicals

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

Hold longs in Nifty with stop loss of 18500; Hikal, Nesco bullish on charts

The breadth of the market is bullish as more than 67 per cent of the stocks are trading above their 200 DMA, says Vinay Rajani of HDFC Securities

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

Despite signs of fatigue, market breadth shows bulls have upper hand

Every minor correction may see addition of long positions, say experts

Bull Run: 5 smallcaps hit new 52-week highs; charts show up to 19% upside

Stocks setting new 52-week highs demonstrate aggressive chart structures

As Nifty Pvt Bank index sets new peak; Here's how to trade banking stocks

Shares of IDFC First Bank, IndusInd Bank, Bandhan Bank, and Axis Bank may surge up to 15 per cent, show technical charts.

Stake buy: Strategies for ICICI Bank, ICICI Lombard General Insurance

Technically, ICICI Bank is poised for an upside up to 10 per cent, while ICICIGI must sustain over the 200-DMA

TVS Motor, Bajaj-Auto: Auto index hits record high, may rise up to 5%

Selective automobile stocks may soar up to 15%, show charts

Nykaa, Paytm, Zomato: How to trade new-age companies post Q4 results?

Barring Fsn E-Commerce Ventures and Delhivery, Zomato, Paytm, and PB Fintech may rally up to 19%, show technical charts

Midcaps to outdo benchmarks in setting historic peak; 50% flash leadership

if the Nifty Midcap index succeeds to absorb selling pressure emerging at current level of 33,000 mark, the probability of breaking out over the previous historic peak of 33,245 becomes more plausible

SBI, PNB, Bandhan Bank: Trading strategies in bank stocks post Q4 results

Nifty Bank index may rise up to 2.25% once hits a new historic peak, shows technical charts

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Among banking majors, Axis Bank, ICICI Bank, HDFC Bank and State Bank of India (SBI) appear on track to hit new all-time high in the weeks ahead, charts suggest

SBI Q4 Results: Buy May call option if stock holds Rs 590-mark

Technically, State Bank of India's shares are well placed above the breakout mark of Rs 565 from a short-term to medium-term perspective.

Avoid Vodafone Idea as charts show 'Death Cross' pattern; support at Rs 5

The broader trend for the shares of Vodafone Idea continues to remain negative

DLF, Sobha: Realty index can hit life-time peak if it conquers 484 level

When Nifty Realty index hits a new 52-week high, the next positive rally shall aim at setting a new all-time high

Zee Ent, UPL: 5 Nifty 500 stocks flash bearish signals, may fall up to 15%

Technically, stocks inversely proportionate to the benchmark indices' trend are safe to bet during weakness.

IHCL, Kamat: Hotel stocks at 52-week high; check out the trading strategies

Shares of Kamat Hotels India are on the course to double this year, while Royal Orchid Hotels and Oriental Hotels have both gained 30 per cent each.

FMCG index likely to hit 50,000; ITC, Britannia, Marico may rally up to 20%

The FMCG index has risen 10 per cent since the start of the current year, with ITC, Nestle India, Radico Khaitan, and Varun Beverages zoomed 31 per cent, 12 per cent, 11 per cent and 10 per cent each

29 out of Nifty 500 stocks overbought; ABB, Apar Inds signal up to 20% gain

While it is risky to be bullish on the stock trading in the overbought category, the underlying trend must to be followed at all time.