Page 117 - Market Technicals

Gold prices climb to 8-week high; is it time to invest in gold financiers?

The trend in Muthoot Finance's stock looks promising as it is trading well above the 200-days moving average (DMA) placed at Rs 1,059 levels

BEML, RCF: Divestment may trigger a breakout in PSU stocks, charts show

If the Nifty PSE Index sustains above 2,800 levels on the closing basis, it may see a rally towards 3,100 levels

Nifty eyeing 14,200; broader markets to outrun benchmarks: Sameet Chavan

The real action lies in the broader markets which may continue to provide better trading opportunities

Trading strategies for Bharat Forge and Escorts by Vaishali Parekh

The stock of Bharat Forge is currently indicating a momentum pick up to improve the bias with a trend reversal

Escorts, M&M: Tractor stocks could see 20-30% upside, charts suggest

Tractor stocks such as M&M and Escorts are indicating a bullish outlook for coming sessions

Three stocks that Nilesh Jain of Anand Rathi Shares is bullish on

The stock of Hindustan Petroleum Corporation (HPCL) has formed a strong base at around 205 levels and is making a higher top and higher bottom formation on the daily chart

Stock suggestions by Gaurav Garg of CapitalVia: Buy Maruti Suzuki, Voltas

The stock of Maruti Suzuki India might show further strength if it moves above 7,620

Stock market outlook: Bull run to continue in 2021; Nifty may hit 15,000

If the current bull sentiment remains intact, the Sensex may scale 51,000 while the Nifty50 may hit 15,000 in 2021

Cycle indicators that traders can use to predict stock movement

The two major cyclical indicators that assists in identifying the shift in cyclical trend are: Commodity Channel Index (CCI) and Detrended Price Oscillator (DPO)

Trading calls by Ajit Mishra of Religare Broking: Buy Cipla, Eicher Motors

Eicher Motors' stock has been witnessing profit taking for the last one month, and is likely to see a gradual recovery from hereon

Trading ideas by Nilesh Jain of Anand Rathi: Buy L&T, IDFC First Bank

L&T stock has witnessed a build-up of long positions with the addition of 6 per cent open interest

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

HDFC Bank stock has maintained a good support base near Rs 1,340 levels and picked up momentum

Here's a Bull Spread Strategy on Aurobindo Pharma by HDFC Securities

The stock price has broken out from the downward slopping trendline

Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

If Nifty again slide below 13,626, we may see some corrective move in the concluding week of the current calendar year

Trading calls by Nilesh Jain of Anand Rathi: Buy ICICI Bank, HDFC Life

HDFC Life stock has provided a breakout from a falling channel on the daily chart and the conservative target for the same is coming around Rs 680 levels

Cabinet approves 100% FDI in DTH sector; should you buy related stocks?

A sustained move above Rs 38 levels may see an aggressive upside in Hathway Cable and Datacom

Tech View: Dalal Street's top wealth creators of 2020 show further upside

The stock of Dixon Technologies has tripled during the current calendar year from the levels of Rs 3,800 to around Rs 12,535

Pullback rally may not last; stay cautious at higher levels: HDFC Sec

The recent recovery seems more like a dead cat bounce which could last for some more time but it would be advisable to remain cautious at higher levels. Nifty has got strong resistance at 13,600

Tata Steel, UPL, Tata Motors: Bear grip firm on stocks with UK exposure

A Gap down closing on December 21, 2020 dismantled the upside bias in Tata Steel stock

Chart check: Bull-run may not be over just yet for Sensex, Nifty

The medium-term trend of Sensex is bullish till the time it defends 44,000 levels