Page 35 - Market Outlook

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.

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.