Page 24 - Market Technicals

Muthoot Finance at new high; charts foresee 32% upside for gold loan shares

Muthoot Finance and Manappuram Finance have gained up to 19% thus far in June after RBI eased norms on small-ticket gold loans. Technical charts hint that these stocks can potentially rally 32% more.

Nifty MidCap sees breakdown, can dip 8%; SmallCap clinches to key support

The Nifty MidCap index can slip another 4%, or extend the fall towards 19,600; hints the technical chart. The SmallCap index is yet to confirm a downside breakout.

BSE stock price can crash 19% as Sebi okays expiry day switch

Technical chart shows that BSE stock is likely to trade with a negative bias as long as it sustains below ₹2,924 levels. Here are the key support levels to track.

SCI, GE Shipping in focus as Baltic Dry Index up 47% in 1-mth; time to buy?

The Baltic Dry Index now quotes at a 8-month high. Technical charts hint at a potential 36 per cent upside for select shipping stocks like SCI, Dredging and Seamec. Details here

HAL vs BEL: One defence stock that is a must-have in your portfolio

Technical charts show that HAL and BEL have zoomed around 1,000 per cent in little more than 5 years post a significant breakout on the monthly scale.

Market crash ahead? Sensex faces 2,000 points downside risk from here

The BSE Sensex may trade in the 79,600 - 82,600 range this week; technical chart indicates that the bias is likely to remain positive above 79,150 levels. Nifty near support seen at 24,512.

NSE Nifty sinks below 24,500; is the market bullish set-up under threat?

Technically, the near-term bias for the Nifty is likely to remain favourable as long as it holds above 24,512; below which the index can slip another 2 per cent to test its 200-day moving average.

Breakout stocks: Nifty Pharma, Biocon, Cipla break over 200-DMA; what next?

The Nifty Pharma index and select shares such as Biocon, Cipla, Zydus Life and Gland Pharma were trading above the respective 200-DMAs after more than 2 months; show technical charts.

This tech indicator turns positive for these 3 IT stocks; details here

Infosys, Persistent Systems and Mphasis are likely to trade with a favourable bias as a key momentum indicator - the MACD has turned positive on the technical charts for these 3 IT stocks.

Stocks of Mukesh Ambani-owned companies dip up to 58% from 2024 high

Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable, part of RIL-group holdings, were seen trading with huge losses even as RIL stock hit a 8-month high on Wednesday.

Silver price outlook: Analyst suggest buying on dips; key levels to watch

Silver price outlook: On June 10, the white metal closed with a loss of 0.40 per cent at $36.59 as investors waited for US-China trade talk outcome

Nifty Bank likely to hit 60,000; these 5 bank stocks likely to gain

Technical chart shows that the Nifty Bank has near resistance at 57,000 levels; above which the index can potentially rally past the 60,000-mark. Here are 5 banking stocks that can potentially rally.

5 stocks to buy under ₹100: Hind Motors, HCC, Suzlon; full list here

Technical charts suggest that stocks like Hindustan Motors, HCC, Paisalo Digital, Equitas SFB and Suzlon Energy, which at present trade below ₹100; can potentially zoom up to 73% from here on.

Can Sensex, Nifty breakout this week? Check support, upside target levels

Indian benchmark stock indices, the Sensex and the Nifty have been consolidating for the last seven weeks; Will the RBI jumbo rate cut trigger an upside breakout? Here's what the charts say.

Eternal, Trent top stock calls by Angel One's Osho Krishan; here's why

Technical indicators suggest that Eternal and Trent may be entering a period of sustained growth, according to Osho Krishan

Nifty trading strategy, June 6: Use 'Short Strangle' strategy to capitalise

Nifty trading strategy: With a likely trading range mentioned above for the coming week, a Short Strangle strategy could be an effective way to capitalize on expected consolidation

Adani Enter., Green, Power: Which Adani group stock is worth investing in?

Technical chart shows that the prospects for Adani Green Energy are more favourable compared to Adani Enterprises and Adani Power.

Gold price outlook: Analyst suggests buying on dips; key levels to watch

Gold outlook: Spot gold is likely to range trade ahead of the US ISM services and nonfarm payroll reports

Motilal Oswal recommends these three stocks to buy today; Check out target

Stocks to buy: Motilal Oswal suggests purchasing these on three stocks today

Nifty chart shows Golden Cross formation; will its 6-year history hold?

The Nifty has hit a new high in each of 5 occasions post formation of 'Golden Cross' on the daily chart since 2019, clocking an average gain of 24.4%; shows historical study.