Page 36 - Market Outlook

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.

Can LS elections, IPL revive mood in media stocks? Here's what charts say

Analysts believe that Lok Sabha polls and IPL may provide short-term earnings boost, but the overall sentiment depends on how the RIL-Disney deal shapes up or a revival in Zee-Sony India merger talks.

IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks

As of 10 AM on Friday, Yes Bank, Voda Idea, IRFC, NHPC and Tata Steel were the top traded stocks among the Nifty 200 index. Here's a technical outlook on the select shares.

'Investors should take 3-5 year view when investing in small, midcaps'

Markets are evenly poised, anticipated rate cuts can provide positive impetus to the market going forward, believes Suresh Soni, CEO of Baroda BNP Paribas Mutual Fund.

Can the sell-off in mid, smallcap stocks spread to the large-cap universe?

Most analysts, however, do not think so as they expect a minor dip and a sharp recovery as investors flock to the large-caps in search of safety and value buying as the mid-and small-caps falter.

Exide, UTI AMC: 5 SmallCaps that hold promise in this market correction

Godfrey Phillips has been one of the key outperformers among SmallCaps thus far in 2024; presently the stock is seen testing support at its trend line, shows daily chart.

IndiGo: Promoter stake sale a non-event; analysts see up to 15% upside

Technical charts suggest that the stock is displaying a firm trend, and trading above its key moving averages.

Are the Nifty PSU indices staring at up to 15% fall from current levels?

This particular technical indicator on the weekly charts suggests that the Nifty PSE, CPSE and PSU Bank indices could consolidate or dip in the near-term

Laggards of 2023 scripting a rebound in 2024; Can the trend continue?

Borosil Renewable and EaseMyTrip can potentially rally up to 18% from present levels, while Adani Green and Epigral may consolidate, suggests technical charts.

These 2 Tata Group stocks can dip up to 16% in the near term, charts hint

Tata Chemicals had rallied 46 per cent in the last six trading sessions; a 50 per cent retracement of the rally could see the stock dip to Rs 1,217, shows chart

Nifty needs to breakout from this trading band for a directional move

According to Ravi Nathani, an independent technical analyst, the Nifty 50 index is seen range-bound between 22,400 - 22,580.