Shares of Nocil and Butterfly Gandhimathi Appliances are seeing buying momentum even in the overbought territory, indicating underlying strength
Although there are ups and downs in the market cycle, having an in-depth understanding of these phases facilitates the trading behaviour and improves the trader's morale
HCL Tech has surpassed the hurdle of the previous swing high of late and is gradually inching towards its record high
The primary trend of the markets is bullish as short term moving averages are trading above medium to long term moving averages and Nifty has been holding higher tops and higher bottoms
If IDFC First Bank stock stays above the Rs 70-mark, it may rally in the direction of Rs 120 and Rs 135 from a medium-term perspective
With Friday's move, 15,200 - 15,400 has become a sturdy wall for Nifty and it would really be a daunting task surpassing this in the absence of any major trigger
The chart of Bajaj Auto looks attractive with the RSI also improving the bias and indicating a trend reversal to signal a buy
L&T Tech's stock price has broken out from the long-term consolidation, which it held for the last two months
Most IT stocks are holding strong despite the recent volatility in the market and now look upbeat for a rebound
HDFC Life is continuously holding the support of 50-DMA, currently place at Rs 702 mark
At current juncture, Bandhan Bank's stock is hovering just above the clusters of moving averages on daily chart
Hindustan Unilever has shown signs of picking up momentum, thus improving the bias, and has the potential for an upside from hereon
The stock price has broken out on the daily chart where it closed above 200-day EMA with higher volumes
In the past couple of sessions, the stock of LIC Housing Finance has consolidated near the previous high, indicating strong hands accumulating the counter at higher levels
We can witness short-covering move along with addition of fresh position only if Nifty breaches 15,250
With the Tata Chemicals' stock continuously witnessing buying momentum in the overbought condition of Relative Strength Index (RSI), the strength remains intact
The trend of midcap and smallcap stocks has been strong and stock specific bullishness is likely to continue
Tata Motors has witnessed a fresh breakout on March 2, after consolidating in a range for a month
Whenever the stock price shows a reversal near the major moving averages, the turnaround is expected to be sharp, and the volumes tend to increase
With a strong gap-up on March 2, 2021, BPCL stock is near the resistance range of Rs 481 to Rs 483 levels