Page 33 - Market Outlook

Iran-Israel war: NSE Nifty index nears 100-DMA; Key levels to watch out for

The NSE Nifty 50 is seen quoting close to its 100-DMA for the first time in six months amid the rising geopolitical tensions in the Middle East. Here's what the Nifty chart suggests.

Nifty IT index likely to rebound, Nifty Auto may weaken; suggest charts

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is quoting close to its support range of 33,400 - 33,300, with key momentum oscillators in oversold zone.

Stocks to Buy: Here's why HDFC Securities recommends BDL, Escorts

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty has reached crucial support zone of 22,000 - 21,000 on the charts.

Ola Impact: TVS Motor stock price can slide up to 14%, suggests chart

Among others, Bajaj Auto stock may slip up to 5 per cent, while Aether Industries is expected to trade on a range-bound note, technical charts indicate.

Nifty Bank, Nifty Financial Services charts signal downtrend in near-term

According to Ravi Nathani, an independent technical analyst, the Nifty Bank index can slide to 47,000 - 46,200 levels; while the Financial Services Index can dip to 20,800 - 20,600 levels.

Indian markets are getting too confident, excited & aggressive: Jim Rogers

War has never been good for the stock markets. The exception is the oil and gold markets where the prices go up, said Jim Rogers, chairman of Rogers Holdings in this exclusive interview.

Suven Pharma stock can surge up to 19% from here; check key levels

Technical charts suggest that Suven Pharma may trade with a positive bias in the near-term, provided the stock manages to hold above these key support levels.

VIP Industries stock can rally up to 18% from here, technical charts show

Shares of VIP Industries have under-performed its benchmark NSE 250, with a fall of nearly 29 per cent as against a rally of 67 per cent in the last 18 months.

Nifty may have formed a short-term top; momentum indicators turn bearish

According to Ravi Nathani, an independent technical analyst, the Nifty may underperform and seek support around 22,445, 22,365, and 22,250 in the near term.

High anticipation of capital market reforms in the full budget: Lunawat

Some new-age technology companies might be in trouble as the PE tap has dried up. However, one cannot generalise the same for the entire sector, Lunavat said in this interview

Are the stock markets prepared for a delay in interest rate cut?

As regards rate cuts, analysts expect the global central banks, especially in Asia, to follow the Fed in rate cutting cycle

Gold can rise 5% to Rs 75,000; Silver by 2.5% to Rs 85,000, charts suggest

The MCX Gold futures have scaled new highs in the last 9 trading sessions, and surged 8.5 per cent. Charts suggest some consolidation likely ahead, as technical indicators are in overbought zone.

Sensex hits 75K in pre-election rally; on track to hit 81,000, charts say

The BSE benchmark gained the last 5,000 points in just four months, with the rally gaining momentum in the last one week on hopes of stronger-than-expected Q4 corporate earnings.

Nifty SmallCap up 16% in 1 month; key levels to watch on overbought stocks

Apar Industries, CESC, Glenmark, Jubilant Pharma and Power India are trading in overbought zone; charts suggest bias to remain positive as long as these support levels hold.

Nifty50 in consolidation mode: Check key support, resistance levels here

It is advisable for traders to consider booking profits on upward price movements near the resistance level

Breakout stocks: CoForge, TechM, Sonata can rally up to 14%, suggest charts

The Nifty IT index as underperformed the benchmark Nifty 50 so far this year. Will the upcoming Q4 results revive sentiment at these counters? Charts suggest that these 4 IT stocks look promising.

F&O strategy: Bull spread recommended on Tech Mahindra for April series

Nandish Shah of HDFC Securities recommends to Buy Tech Mahindra 1300 CALL and simultaneously Sell 1340 CALL for the April expiry.

Nifty Energy, Pharma: In a downtrend; look to sell on rally, hint charts

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index can be sold with a stop at 40,320.

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

Nifty IT, Auto indices present divergent trading opportunites, show charts

According to Ravi Nathani, an independent technical analyst, one can consider to buy the Nifty IT index on dips, whereas the Auto index can be short closer to the key resistance level.