Page 34 - Market Outlook

BSE Midcap index hits new high; analysts see more upside in months ahead

The S&P BSE Midcap index traded higher for a third straight day, surging 3.5 per cent during the period

SAIL at 14-yr high; Can steel stocks extend rally? Here's what charts say

The Nifty Metal index has gained 6% in the last 3 days outperforming the benchmark Nifty. Here's a technical outlook on SAIL, Tata Steel, JSW Steel and Jindal Steel.

Buy Redington, Triveni Engineering for up to 15% upside: HDFC Securities

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty needs to break from the 22,204-22,529 range for fresh direction.

Nifty Bank, Nifty Pvt Bank: Guide to trade in these banking indices

According to Ravi Nathani, an independent technical analyst, the Nifty Bank seems to be trapped in 47,625-47,375 trading range.

We don't sense any significant nervousness among investors: Saion Mukherjee

Sticky inflation and delay in rate cuts by the US Federal Reserve can emerge as a concern for the markets

BDL, Bharat Forge: How to trade defence related stocks? Get tech view here

Technical charts suggest defence related stocks can rally up to 21 per cent from present levels; watch out for these key levels.

Sensex can hit 77,000, Nifty 23,500 as bull-run to continue in FY25

The broader indices, the Nifty MidCap and SmallCap need to sustain above 48,000 and 7,100 levels, in order to reverse the recent negative sentiment at the counters, suggests technical charts.

Lok Sabha elections, repo rate cut: Factors that could sway markets in FY25

Stock market outlook: As we transition into the new financial year (FY25), markets look poised for continued upward momentum, analysts said

Trading strategies for Nifty, Nifty MidCap Select Indices

According to Ravi Nathani, an independent technical analyst, the 22,527 level on the upside and 22,170 on the downside are the key levels to watch out for on the Nifty 50 index.

Bajaj Auto, TaMo: Strategies for Nifty50 stocks that doubled in FY24

4 out of the Nifty50 stocks zoomed over 100 per cent in FY24; as per technical charts, here's are the key levels that should be closely monitored.

IIFL, Geojit: Brokerage stocks tank up to 40% in 2 mths; Time for pullback?

A retracement of up to 50 per cent of the recent fall, can lead up to 18% rally in shares of IIFL Securities, Geojit and Emkay, show technical charts.

Mid-, Small-Caps: Correction coming to an end; Time to buy, says Nuvama

Nuvama Institutional Equities, in report based on technical analysis, expects the Nifty MidCap to turn bullish above 48,100 and SmallCap above 15,400 levels.

Breakout stocks: SRF, Shoppers Stop can rally up to 10%, hint tech charts

Alok Industries and Chambal Fertilisers among others have recently bounced back above their 30-EMAs; charts suggest a possibility of an up move in the near-term.

Stock market outlook: What's working in favour of the bulls and bears?

Here are three key factors that are working in favour of the bulls and bears and could dictate the market trend going ahead as per the technical charts.

Investors richer by Rs 6 trn: Factors behind rally, market outlook & more

Stock market updates, March 21: The S&P BSE Sensex jumped 781 points intraday to hit a high of 72,882 level, while the Nifty50 reclaimed the 22,000-mark

Hindalco, JSW, Tata Steel: Tech charts hint at mixed outlook for metal stks

The NSE Metal index has rallied 3% so far this week, while the Nifty has edged 0.2% higher. Technical charts suggest select frontline metal shares can rally another 14% from present levels.

KRBL, Prestige Estates: Stocks exiting oversold zone; Ready for pullback?

Stocks like BSE, KRBL, Prestige Estates, Sharda Cropchem and Sumitomo Chemical are seen exiting oversold zone and can potentially rally up to 16 per cent in the ensuing pullback, suggest daily charts.

RIL, BPCL: Nifty below 50-DMA; Key levels to watch on stocks below this DMA

33 out of Nifty 50 stocks trade below their respective 50-DMAs; Charts suggest that select stocks can decline up to 13% in case the fall extends towards the 100-DMAs.

Time to start buying small-cap, mid-cap stocks for the long-term: Analysts

From a near-term perspective, analysts at J.P Morgan expect the small-cap and mid-cap stocks to remain volatile in the coming weeks, with margin funding and investor flows adding to risks

'Markets started building NDA's win in general elections in December 2023'

Inauguration of Ram temple in Ayodhya, weakening of the opposition coalition, etc. had further cemented hopes for the same.