One can expect up to 7 per cent gain in NBFC stocks if the positive momentum is held decisively
The short term trend is positive where the stock is trading above its 5-, 20- and 50-day EMA
HEG stock after trading with a strong uptrend recently underwent some consolidation
Upon crossing the immediate resistance, Axis Bank's stock may see a rally towards Rs 750 and Rs 765-mark
On Tuesday, the stock of SBI has given breakout from the downward sloping trend line
Most metal stocks are trading at their record highs and showing no sign of slowing down
From 740 in November 2020, Thermax entered an uptrend, making several higher bottoms at 880-940-1140
Off late, the private banks have underperformed but they are showing signs of base formation
We anticipate for further upside movement in the coming days in HDFC and RITES stocks
All the three insurance stocks are successfully holding the support of 200-DMA and may see upside of over 5 per cent in the near-term
The short-term trend of the stock turned positive as stock price closed above its 5-day EMA, first time after 07-April 2021
This pattern indicates a negative sentiment in the stock which, if met with follow-up selling, can aggravate the negative sentiment further
The sustained level below 14,190 could drag Nifty towards 13,600-odd levels
The price pattern is very strong on the technical parameters and Dr Reddy's Labs could outperform once there is more clarification on the developments of vaccine
The stock of HDFC AMC is moving above the 50-EMA level of 2,935 and is showing further strength
We finally witnessed a decisive price and volume breakout from the recent congestion zone in Strides Pharma
All the stocks are trading above their respective important averages, indicating upward bias
The mean of the Bollinger band has historically proven strong support for Adani Enterprises, making it a favourable risk-reward ratio for a short-term duration
If the Nifty FMCG index manages to sustain above the 35,000-levels, it is expected to see a fresh breakout toward 36,200 to 36,400 levels
Hind Petro has been witnessing profit-taking in line with other OMCs and now reached its major support zone of long-term moving average(200 EMA) on the daily chart