Technical analysts flag that the HDFC Bank stock rebounded after forming a base around ₹680 in September. Jatin Gedia and Drumil Vithlani expect support for the stock in the ₹710-680 zone.
Stocks to buy today by Angel One: Hitesh Rathi is bullish on GE Vernova, Cyient and Graphite India. He flags 22,200-22,000 as all-important support band, and hurdle at 22,550-22,600 for Nifty.
Stocks to buy today: IDBI Bank has moved above both its 50-day EMA, which indicates that the near-term trend is turning positive, says Sachin Gupta of Choice Broking.
Tech analyst at Mirae Asset Sharekhan and SAMCO Securities flag 22,000-22,500 range as key support for Nifty in the short-term, and caution of further weakness in Bank Nifty in the H2FY27 outlook.
On the broader market outlook, Jatin Gedia of Teji Mandi expects the Nifty to consolidate within 22,500-22,800 band for now.
Stocks to buy today: Kunal Kamble, technical analyst at Bonanza Sona BLW stock has broken out of the falling channel that capped the price movement through August and September.
Stocks to buy today: Chandan Taparia of Motilal Oswal flags formation of a 'bullish' candle, and respect of the 50-DEMA support as the key positive factors for Paytm stock on technical charts.
Shrikant Chouhan of Kotak Securities believes that Ujjivan Small Finance Bank has navigated the stress cycle better than most, and the shift to secured lending broadens the earnings base.
The Nifty cracked 1.4% to a low of 22,807.55 on Monday, reaching within striking distance of its 200-week moving average at 22,607. The index last closed below the 200-WMA in June 2020, shows chart.
Stocks to buy today: 23,000 remains the key support and a critical level for the bulls to defend, said Osho Krishan of Angel One.
Stocks to buy today: On the weekly chart, PGIL has given a breakout from a Pole & Flag pattern, supported by higher trading volumes, indicating strong buying interest.
Nandish Shah of HDFC Securities has recommended a Bear spread on Bank Nifty and a Bull spread on Canara Bank.
Shares of IFCI and New India Assurance surged up to 53% in the last two months, only to erase gains amid the NSE IPO launch. Tech analysts decode strategy in these two stocks.
Stocks to buy today: The overall setup remains constructive, and MCX appears poised for the next leg of up move and potential new highs, says Ajit Mishra of Religare Broking.
The Nifty closed in the green above the falling channel on Wednesday indicating signs of a trend reversal, says Jatin Gedia of Teji Mandi. The analyst is bullish on Indus Towers and South Indian Bank.
Stocks to buy: Chandan Taparia of Motilal Oswal is bullish on Bandhan Bank and Sona BLW Precision Forgings.
Shrikant Chouhan, Head of Equity Research of Kotak Securities explains why the analyst is bullish on LIC and Axis Bank.
Anand James of Geojit Investments identified three stocks Lupin, Akums Drugs and Heritage Foods with a favourable technical set-up on charts at current levels.
Hitesh Rathi of Angel One advocates adopting a strategy where dips in Nifty could be bought into, while rallies towards key resistance zones can be utilised to consider short positions.
Stocks to buy today: Sachin Gupta of Choice Broking sees favourable chart structures for Aditya Birla Capital, Jubilant Foodworks and RBL Bank.