Page 44 - Market Outlook

Nifty, Bank Nifty likely to consolidate in the near-term

According to Ravi Nathani, an independent technical analyst, all the Nifty may seek support in the range of 19,550 - 19,300 levels.

Trading strategies for Nifty Energy, MNCs, Commodities indices

According to Ravi Nathani, an independent technical analyst, all the three indices are presently displaying a bullish trend on charts.

Nifty Pharma, Realty near key resistance levels; Time to be cautious

According to Ravi Nathani, an independent technical analyst, the Nifty Pharma index needs to clear hurdle at 14,150; whereas, the Realty index may show signs of correction by the month-end.

History shows momentum rallies lift Nifty 25% in 134 days; will it repeat?

Based on the average gain and duration of the past momentum-driven rallies, the NSE Nifty 50 can potentially rally past the 23,000-mark by January 2024.

Buy GMDC, Rites for gains up to 16%, recommends HDFC Securities

On the broader market outlook, Vinay Rajani the technical & derivative analyst says that the Nifty could trade in the range of 19,612 - 19,819 in the near term.

Nifty Metal looks weak; sell with stop loss at 6,564, suggests chart

Meanwhile, the Nifty FMCG index is expected to consolidate in the range of 53,971 and 52,484, says Ravi Nathani, an independent technical analyst.

Fin Nifty needs to clear hurdle at 20,500; Pvt Banks index looks bullish

According to Ravi Nathani, an independent technical analyst, the outlook for Nifty Metal, Energy and Pharma indices is bullish and hence recommends to buy at CMP or on dips.

Nifty bulls need to keep an eye on these two key levels, show charts

Meanwhile, if the Bank Nifty closes above 45,150 it would indicate fresh strength, says Ravi Nathani, an independent technical analyst.

Nifty Energy, Commodity indices show bearish trends on charts

In such a scenario, traders can benefit by adopting a selling strategy, particularly when the index rallies

ACC, Ambuja, Dalmia Cement: Analysts remain selective on cement stocks

UBS and Nomura expect volume growth of 10 per cent and 8 per cent, respectively, in FY24 aided by an uptick in the real estate cycle.

Nifty needs to cross 19,523 to resume uptrend, has support at 19,300

Any level below 19,300 could lead to correction in the Nifty50 index, show charts

Nifty PSU Bank index may rally another 10% from here on, show charts

The final target for the ongoing up trend in the Nifty PSU bank index is projected to be in the range of 4,620 to 4,875

Bias for Nifty Energy index bullish in near-term; buy near support levels

Ravi Nathani, independent market analyst shares his trading strategies for Nifty Energy, and Nifty Commodities indices

Tech view: Maruti could rally up to Rs 10,700 in the near-term

The share price of Maruti crossed Rs 10,000 mark for the first-time ever on Wednesday, after the company launched Invicto - its first car in Rs 20 plus lakh segment.

Nifty Metal, Pharma indices exhibit range-bound moves; wait for breakout

Ravi Nathani, independent market analyst shares his trading strategies for Nifty Metal and Nifty Pharma indices; check out

After the sharp run in H1-CY23, buy mid, small-caps selectively: Analysts

Analysts suggest investors stay selective and look for valuation comfort and earnings visibility before investing in the mid-and small-cap segments.

Bias for Nifty may remain bearish below 19,300: HDFC Securities

Vinay Rajani of HDFC Securities sees bullish near-term patterns for Central Bank, and Ujjivan Small Finance Bank

Bias for Nifty FMCG, auto indices remain bullish; sell-on-rise apt strategy

According to independent market analyst, Ravi Nathani, both Nifty FMCG, and Auto indices hint at a bullish trend in the near-term, and traders can employ sell-on-rise strategy

Not the time to cash out of this market rally: Nirav Sheth of Emkay Global

India's macroeconomic fundamentals are resilient, with growth/inflation dynamics better than those of many developed markets

What's cooking in ITC's kitchen that's made analysts bullish on the stock?

Analysts at Jefferies beleive the stock could top the Rs 600-mark, an upside of over 34 per cent from current levels