The IT index decline gathered pace after it broke down from a Head and Shoulders pattern on the weekly chart - a classic signal of a structural trend reversal, explains Sachin Gupta of Choice Broking.
Drumil Vithlani, Technical Analyst at Bonanza, decodes trading strategy in IDFC First Bank, AU SFB following the recent adverse stock reaction on the NSE.
Stocks to buy, February 24: Kotak Securities Equity Research Head suggests placing bets on Britannia Industries and Smartworks Coworking Spaces. Here's why
Vodafone Idea stock is currently witnessing a distribution phase rather than an uptrend, says Hitesh Tailor of Choice Broking. Here are the key levels to watch out for as per the technical analyst.
Here's why technical analysts at Kotak Securities and Bonanza are bullish on Trent, Tata Steel, Titan and Voltas. Tata Sons board meet on Tuesday, February 24.
Angel One Equity Technical Analyst Rajesh Bhosale said that NTPC has an overall strong trend, and Petronet is trading above all major moving averages, reinforcing a positive bias
Stocks to buy: Choice Equity Broking Technical Research Analyst Aakash Shah suggests Netweb Technologies, IDBI Bank, and SBI Life Insurance Company for buying
Kunal Shah of Mirae Asset ShareKhan expects breakout on the Nifty Pharma index above 23,500 levels; the analyst recommends Lupin, Biocon and Torrent Pharma as top sectoral stock bets.
Hitesh Tailor, technical analyst at Choice Broking predicts up to 11 per cent upside for Sundaram Finance, HSCL and VTL following the 'Golden Crossover' and bullish set-up on the charts.
Ajit Mishra of Religare Broking recommends Nifty strategy and three stocks to buy; check details here
Stocks to buy today: Kunal Kamble of Bonanza recommends buying Prime Focus, GMDC and Choice International; here's why
Anand James of Geojit Investments reckons that the momentum oscillators for Infosys are yet to show signs of full reversal, and flags key support for the stock around ₹1,340 levels.
Om Mehra, tech analyst at SAMCO Securities highlights that Torrent Pharmaceuticals after a recent consolidation phase, has witnessed a strong breakout above ₹4,200 levels.
Vinay Rajani of HDFC Securities suggests Nifty trading strategy and suggests buying Bank of Maharashtra and LG Balakrishnan; here's why
Chandan Taparia of Motilal Oswal decodes how to trade Nifty and Bank Nifty today; here are stock bets and strategy
Om Mehra, tech analyst at SAMCO Securities explains that Britannia is trading in a well-defined rectangular range, or more precisely, a Darvas Box repeatedly finding support near the lower boundary.
Stocks to buy today: Shrikant Chouhan of Kotak Securities suggests placing bets on ICICI Bank and Lupin; here's why
Aakash Shah of Choice Broking reckons that Apollo Pipes has closed above short- and medium-term EMAs, and broken above the falling trendline; thus confirming a breakout on the charts.
Analysts at Choice Broking expects Dr Reddy's Laboratories stock to gain up to 15.5%, and test ₹1,465 levels on the upside in the medium-term given the favourable structure on the weekly chart.
Minda Corp stock is near ₹610-breakout with higher lows, while Bajaj Consumer stock is seeing long-term reversal above ₹345. Aakash Shah suggests buy levels, stop loss and share price targets