Page 116 - Market Technicals

Lupin, Reliance Industries: Stock picks by Ajit Mishra of Religare Broking

We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors

Nifty outlook & stock picks by Vinay Rajani: Buy Ashok Leyland, Tata Steel

The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222

Stock calls by Nilesh Jain of Anand Rathi: Buy Titan, Sell Bajaj Finance

Bajaj Finance stock earlier formed a "double top" formation and, since then, has been witnessing a continuous fall

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The chart looks attractive for further upside movement in SPARC with the RSI indicator also showing a trend reversal

SBI Cards, HCL Tech: 88 stocks from Nifty500 show strength amid volatility

Adani Enterprises, Berger Paints (I), Bharti Airtel, Eicher Motors, Grasim Industries are among the other notable names

Trading recommendations by Nilesh Jain of Anand Rathi: Buy HPCL, UPL

The stock of HPCL has witnessed a built-up of long positions with the addition of 10 per cent open interest

Here is how On Balance Volume indicator helps traders track smart money

In OBV indicator, a positive close candle volume is added cumulatively and negative close volume is subtracted to determine the trend

Three stock ideas by Ajit Mishra: Buy Britannia, Muthoot Fin, Piramal Ent

Britannia has been among the top-performing FMCG counter for the last several years

Auto, PSU stocks to outperform in the short-term: Vinay Rajani of HDFC Sec

Immediate resistance for the Nifty is seen at 14,890

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

Edelweiss Securities expects earnings momentum in the sector is likely to accelerate in Q3FY21 driven by good start to Rabi along with a healthy cash flow position of farmers

SBI, HDFC Bank: Trading strategies for bank stocks post RBI's GNPA warning

Nifty Bank index may hit record levels of 33,000 if it surpasses the resistance of 32,300

Stock picks by Nilesh Jain of Anand Rathi: Buy Hero Moto, Colgate Palmolive

The volume in Colgate Palmolive stock was higher than average on January 11 which supports the price action and we can expect the upside momentum to continue

HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested

ITC stock is struggling to conquer the resistance of Rs 215 to Rs 220 levels. The downside support stays at Rs 200

Two trading ideas by Vaishali Parekh of Prabhudas Lilladher

Technical charts indicate a trend reversal in Can Fin Homes and Schneider Electric stocks with potential to rise further in the coming days

TCS, Infosys: Positive Q3 results may trigger next leg of rally in IT stks

In a departure from past trend, analysts believe that Indian IT companies may post a strong performance for the third quarter of FY21 (Q3FY21)

Trading strategies for Gold and Aluminum by Bhavik Patel of Tradebulls Sec

Low interest rate is also making gold an attractive bet. We might see inflation coming up in 2021 so that will also be another positive factor for gold

Different chart types used in technical analysis and how to read them

The three basic charts are: Line charts, Bar charts, and candlestick charts

Nifty needs to hold 14,100 to remain in uptrend: Gaurav Garg of CapitalVia

We can witness profit booking only if Nifty breaks level of 14,000. Therefore, traders should try to create long position keeping close eye on 14,000

ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show

Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent

Immediate target for Nifty is at 14,310: Vinay Rajani of HDFC Securities

Support for the Nifty index has shifted to 13,950 levels