Page 3 - Market Technicals

Sun Pharma sees Golden Cross; other pharma stocks with similar pattern

Technically, the term 'Golden Cross' has bullish implications with short-term support seen moving higher. Apart from Sun Pharma, Aurobindo Pharma and Divi's Labs too witnessed this formation recently.

Nifty, Bank Nifty outlook; Shriram Fin, Ashok Leyland among top stock picks

On the daily chart, Nifty formed a bearish candle and continues to maintain a sequence of lower highs and lower lows for the fourth straight session indicating sustained pressure

Trading guide, Nov 26: Check key Nifty levels to watch; two stocks to buy

A decisive close below 25,838 level could mark a short-term trend reversal for Nifty from bullish to bearish, potentially paving the way for a decline towards the next support near 25,740

Deep Diamond technical analysis: What chart suggests for this stock?

Deep Diamond India stock had zoomed 125% in October; the medium-term trend for the penny stock is likely to be positive above ₹6.90, hints the technical chart.

ICICI Bank stock at crossroads, may test multi-year supports: Tech charts

ICICI Bank is seen trading close to its weekly trend line support, and the 50-MMA; key technical indicators the stock has not violated since May 2023 and November 2020, respectively; show charts.

Defence stocks HAL, BEML, MIDHANI sink below 200-DMAs; chart check here

The Nifty Defence index has shed nearly 3 per cent in November, with stocks such as BEML, MIDHANI and HAL among others falling up to 17% despite 1% gain on the Nifty 50.

Hindalco, Nalco, Tata Steel among top metal bets by HSBC; tech view here

Technical charts suggest that Tata Steel, Hindalco and National Aluminium can potentially rally up to 10%; here are the key levels to watch out for on these metal stocks.

Ambuja, NCL, India Cements seen favourably placed on charts; eye 13% upside

The price-to-moving averages hints at a favourable trend for India Cements; similarly, select technical factors augur well for cement stocks such as Ambuja Cements, Ramco Cements and NCL Industries.

Hudco, Medanta among top analyst bets; check target price, stop-loss

Hudco has shown a decent correction over the past couple of trading sessions, retesting the 20-day EMA on the daily chart, while Medanta has experienced a pronounced correction in recent weeks

Gold outlook: Fed decision to dictate short-term moves in yellow metal

Gold will react mainly to the shifting odds of a December rate cut, which means that the September NFP report may further weigh on the yellow metal, analyst said

Nifty taking a breather as it nears record high; key levels to track

The Nifty can rally to 26,350 - 26,500 as and when it clears the 26,200 hurdle, says Drumil Vithlani, Technical Analyst of Bonanza.

JP Power shares soar 29% in 2 days; how much can the stock gain? Tech view

Adani-JAL impact: Jaiprakash Power Ventures stock zooms 29% in two days; tech chart suggests the stock could re-visit July-month highs. Here are the key levels to watch out for.

Can the Sensex hit 90,000 by December 2025? What tech chart says

The BSE Sensex has gained 6% thus far in the December quarter, and around 9% so far in 2025. The Fibonacci chart suggests the BSE benchmark could hit 91,500 levels by year-end.

Will Nifty scale new highs soon? Analyst decodes with three stock picks

Stocks to buy: Ajit Mishra of Religare Broking recommends buying Bank of Baroda, Coforge, and Sun Pharma; also suggests Nifty trading strategy

Analyst flags short-term trend reversal; Top stocks that standout on charts

Stocks to buy: Vinay Rajani, senior technical and derivative Analyst at HDFC Securities, recommends 'Buy' on M&M Finance and Federal Bank

Nifty consolidation to continue? Top stocks now flashing 'Buy' calls

Chandan Taparia, head of derivatives and technicals, Wealth Management at Motilal Oswal Financial Services, has recommended buying shares of Bharat Forge, Hudco and Bharti Airtel

5 stocks to avoid in current market; SRF, Devyani, 3 more may dip up to 15%

SRF, Devyani, Sumitomo have witnessed the formation of 'Death Cross', while Sona Coms and PI Industries saw a negative crossover on the MACD indicator, show the stocks daily chart.

Technical lens: Analyst picks three stocks that have up to 10% upside

Kunal Kamble, senior technical research analyst at Bonanza, is bullish on Angel One, FSN E-Commerce Ventures, and Marico

TCS, Amber Ent top 'Buy' stocks today? Here's what makes them bullish

Shrikant Chouhan, head of equity research at Kotak Securities, remains upbeat on TCS and Amber Enterprises shares today. Check out the key reasons here

Infosys, TCS, HCL Tech: Nifty IT up 8% since Oct; time to buy or sell?

Technical charts suggest that the IT index may gain another 5%, with heavyweights Infosys, TCS and HCL Technologies possibly rallying up to 17%. Wipro and Tech Mahindra, however, may see tepid trends.