Page 56 - Market Outlook

Top triggers likely to set market direction in second-half of 2022

Investors complete the first half of CY2022 with burned pockets. All eyes are now on what the remaining six months will look like. Take a dive into the factors that may set the market's direction

Pricol, Minda: Here's why you should consider buying auto ancillary stocks

According to the technical charts, auto ancillary stocks, like Talbros Automotive, Jupiter Wagons and Minda Industries are likely to rise another 15 per cent in the upcoming trading sessions.

ITC, Sun Pharma: 5 defensive stocks that may gain up to 25%. You own any?

Pharma stocks like Torrent Pharmaceuticals, Sun Pharmaceutical Industries, and Cipla can easily run up to 18 per cent

June qtr could see some more earnings downgrades: Anoop Bhaskar, IDFC MF

We have raised cash levels across several of our funds, both for funding redemption pressure as well as pouncing on emerging opportunities, Bhaskar said

Indian stocks set to post their worst half-year performance in two years

Among sectors, the largest decline was seen in metal & information technology (IT) stocks, while relative outperformance was seen in auto counters

Mehul Kothari recommends this strategy on Bajaj Finserv and LTTS

According to the technical analyst from Anand Rathi, Bajaj Finserve should be bought on rise above Rs 12,000, while one should consider buying LTTS on dips near Rs 3,000-mark.

Major hurdle for Gold seen at Rs 51,300; Silver awaits decisive move

Gold futures need to break above Rs 51,300 for fresh gains to emerge, on the downside break of Rs 50,300 can trigger a slide to Rs 49,400-odd level.

Planning to reshuffle your portfolio? These 5 stocks may pump up gains

ITC, Varun Beverages, TVS Motor Company, Coromandel International and Hindustan Aeronautics can rally up to 25 per cent, technical charts suggest

Macrotech, Brigade Ent: Bet on these stks to benefit from real estate boom

Among other real-estate stocks, Indiabulls Real Estate remains in the bear trap, while Sobha and Godrej Properties were seen struggling to make a come back.

5 reasons why BofA Securities has cut year-end Nifty target to 14,500

Clarity on macro and monetary policy outlook in the US/India, it said, is the silver lining that could see markets bottom out by August/September 2022., it said

BoI, PNB, IOB: 5 PSBs form 'falling knife' pattern; charts say stay away

State Bank of India is the only stock that has bucked the trend. The stock has amplified investors' wealth by 250 per cent in the last five years and 550 per cent in the twelve-year period

MCX Crude Oil may drop to Rs 8,050; Natural Gas likely to bounce back

The MCX Crude Oil futures seem on course to test the 100-DMA around Rs 8,050-level; Select momentum oscillators on Natural Gas have hit oversold territory, thus a pull-back rally can be expected.

Here's why Vinay Rajani of HDFC Securities is bullish on MphasiS, Sobha

The technical analyst sees Nifty support moving higher to 15,400, and resistances for the NSE benchmark at 15,750, 15,883 and 16,150.

Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood

In the short-term, Wood suggests that investors should sell stocks on a rally. The bet for a sustained equity market rally before 2022 end is a possible change in the US Fed's language, he said

Tata Group stocks: Tata Motors, Tata Elxsi can rally up to 14%, show charts

Among other Tata Group stocks, Tata Steel, Tata Power and Titan look weak on the charts, and are likely to see more downside.

MCX Gold, Silver futures seem range-bound; Key levels to watch out

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

Telecom sector in focus: Charts suggest up to 25% upside for Airtel, TTML

Charts suggest that Bharti Airtel can rally to a new high of Rs 800; However, investors need to wait for a confirmed breakout if considering to buy shares of Vodafone Idea.

F&O Strategy: Nandish Shah recommends Bear Spread strategy on DLF

The technical analyst from HDFC Securities recommends buying DLF June 300 Put and simultaneously selling 280 Put.

Paytm, Zomato, Indiabulls Housing look oversold; can jump up to 25%

Among the beaten down mid- and small-cap stocks, Paytm and Zomato can provide some relief to investors, while stocks like Metropolis Healthcare and Latent View Analytics could see further pain

Nifty may turn bullish once it crosses 15,858, says Vinay Rajani

The technical analyst from HDFC Securities recommends buying Birla Soft and ABB India for near term gains.