Reliance stock has decisively crossed the 20-day EMA, and is seen hovering around the 200-week EMA, highlights Sudeep Shah, technical & derivative analyst at SBI Securities.
Aakash Shah of Choice, has recommended buying shares of India Cements, Asian Paints, and CDSL
Hitesh Rathi of Angel One recommends adopting a buy on dips approach for the Nifty, near key support zones in the benchmark indices
Kunal Kamble of Bonanza has recommended three stocks to buy today - Piramal Pharma, Authum Investment, Vaibhav Global
Nandish Shah, senior technical/ derivative analyst at HDFC Securities reckons that MidCap Nifty and Bajaj Finance have seen long build-up, and are favourably placed on the charts.
Rohan Shah, technical analyst at Asit C. Mehta Investment Interrmediates reckons that share prices of Canara Bank, Bank of India and Union Bank of India can appreciate by up to 16 per cent from here.
On the overall market set-up, Ajit Mishra, SVP - Research at Religare Broking reckons to maintain a 'Buy-on-dips' approach, with a preference for relatively stronger stocks across sectors.
Muthuselvaraj M of Mirae Asset Sharekhan expects Kalyan Jewellers, Paytm and Lodha Developers to target ₹665, ₹1,600 and ₹1,375 on the upside owing to bullish formations on the technical charts.
Technical analysts believe that the Nifty is showing mixed signals on the short-term chart amid the renewed US-Iran war worries and high oil prices. Here are the key levels to watch out for.
Nishchal Jain, Quant Researcher, Share.Market by PhonePe explains why these 5 smallcap stocks look strong on charts, and suggests indicative support and resistance levels for these shares.
Anand James, chief market strategist at Geojit Investments, is bullish on the shares of CMS Info, Aurionpro Solutions, Ashapura Minechem today
Shrikant Chouhan of Kotak Securities continues to like Deepak Nitrite from a near-term perspective, as elevated phenol spreads and a stronger Q1FY27 should support robust earnings
Aakash Shah of Choice Equity Broking suggests buying the shares of LIC, Bajaj Finserv, Metropolis Healthcare today
Kunal Kamble, sr. technical research analyst at Bonanza, has recommended buying shares of Northern Arc Capital, CDSL, Knowledge Marine
Technical analyst at Mirae Asset Sharekhan believes that the short-term trend for TCS seems 'Neutral', but 'Bullish' from the medium-term perspective; hence expects an upside towad ₹2,500 levels.
Nandish Shah of HDFC Securities recommends a 'Bull Spread' strategy on MidCap Nifty and PNB Housing Finance as the analyst notes a positive bias, and build-up of long positions at these counters.
Ajit Mishra of Religare Broking says that Ather Energy and Sun Pharma have a given a upside breakout after a period of consolidation, while ITC seems to be losing momentum on charts.
Jatin Gedia of Teji Mandi reckons that the Nifty, Bank Nifty have slipped back into the correction zone; he recommends buy on Oil India and Exide Industries.
The BSE Realty index turned positive on an YTD basis in July, having gained over 43% from its calendar year low. Analysts flag a positive bias in the short-term, but caution over long-term; here's why
Indian market are likely to trade on a cautious note after fresh US strikes on Iran; key support for Nifty seen at 24,300 and 24,200, says Ponmudi R of Enrich Money.