Page 39 - Market Technicals
Ravi Nathani decodes trading strategies on Nifty metal, consumption
The Nifty metal index is poised for a minor correction in the near-term following a sharp decline, while, Nifty consumption index is exhibiting a range-bound movement in the near term
 "Ravi Nathani decodes trading strategies on Nifty metal, consumption")
HDFC Sec's Nandish Shah recommends a Bull Spread strategy on L&T Fin
Long build up is seen in the L&T Fin Futures, where we have seen 18 per cent rise in the open interest with price rising by 2.5 per cent
 "HDFC Sec's Nandish Shah recommends a Bull Spread strategy on L&T Fin")
Ravi Nathani suggests 'buying on dips' in Nifty Energy, cautious on FMCG
The Nifty Energy index is currently consolidating, while, Nifty FMCG has witnessed a temporary technical bounce
 "Ravi Nathani suggests 'buying on dips' in Nifty Energy, cautious on FMCG")
Ajit Mishra of Religare Broking recommends these 3 stocks on Nov 28
The Nifty has demonstrated resilience throughout this consolidation phase, and the upcoming monthly expiry of November derivatives contracts on Thursday
Ravi Nathani suggests profit booking in Nifty IT, wait and watch for Auto
The Nifty IT index has recently witnessed a sharp rally, while Nifty Auto is currently in a consolidation phase following a sharp correction
 "Ravi Nathani suggests profit booking in Nifty IT, wait and watch for Auto")
Ravi Nathani suggests 'Buy on dips' for Nifty Bank, Financial Services
The Nifty Bank index is on the brink of a potential breakout, with stiff resistance at 52,580, while, the Nifty Financial Services index is currently exhibiting a bullish trend
 "Ravi Nathani suggests 'Buy on dips' for Nifty Bank, Financial Services")
Bullish cues: Notable Put-writing seen for first time in 2 mths; F&O data
Derivatives market update for Nov 25: FIIs net purchased 46,700 contracts of index futures on Friday - the most in a single day since September 22; thus reducing some of their short bets.
 "Bullish cues: Notable Put-writing seen for first time in 2 mths; F&O data")
Jigar S Patel of Anand Rathi suggests buying these three stocks on Nov 25
In the previous trading session, it broke above the highs of the last four days, supported by a bullish divergence on the daily chart, which further strengthens the case for upward momentum
 "Jigar S Patel of Anand Rathi suggests buying these three stocks on Nov 25")
Rajesh Bhosale of Angel One recommends buying these 2 stocks on Nov 25
Bhosale recommends one auto stock and one fertiliser stock to buy today
Nifty poised for recovery, Midcap Select awaiting breakout: Ravi Nathani
The Nifty index has witnessed a sharp correction, positioning it firmly in the oversold zone, Nifty Midcap Select index is currently exhibiting range-bound behaviour
 "Nifty poised for recovery, Midcap Select awaiting breakout: Ravi Nathani")
It is a sell on a rise market now with Nifty upside capped, suggest charts
As persistent selling at higher levels continues, Chandan Taparia of Motilal Oswal believes a 'sell-on-bounce' trend is firmly in place at least for now.
 "It is a sell on a rise market now with Nifty upside capped, suggest charts")
Silver is poised to trade with positive bias in near-term: Sharekhan
Traders are concerned that the Russia-Ukraine war is likely to take dangerous turns on escalating tensions
 "Silver is poised to trade with positive bias in near-term: Sharekhan")
Ravi Nathani says Nifty FMCG still correcting, Pharma showing bearish trend
The Nifty FMCG index is currently exhibiting a downward trend in the near term, while Nifty Pharma index continues to exhibit a bearish trend in the near term
How to trade Brent crude oil today; Mohammed Imran of Sharekhan decodes
As North Korea may deploy as many as 100,000 troops to aid Russia's war on Ukraine, increasing the likelihood of North Korea becoming more directly involved in the conflict
 "How to trade Brent crude oil today; Mohammed Imran of Sharekhan decodes")
Ravi Nathani suggests trading strategy for Nifty Bank, Financial Services
The Nifty Financial Services index is trading within a narrow range of 23,500-23,075, meanhwile, the Nifty Bank index is currently trading within a well-defined range of 50,650-49,800
Oversold Alert: 5 stocks with RSI around 15; Colgate tests 20-year support
Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.
 "Oversold Alert: 5 stocks with RSI around 15; Colgate tests 20-year support")
Jigar S Patel of Anand Rathi suggests buying these three stocks on Nov. 18
Havells has corrected 25 per cent in the past month, dropping 516 points from its peak of Rs 2,106
 "Jigar S Patel of Anand Rathi suggests buying these three stocks on Nov. 18")
Ravi Nathani sees buying opportunity in Nifty; cautions on midcap select
The Nifty index, currently trading at 23,532.7, has undergone a sharp short-term correction, pushing it into oversold territory
Rajesh Bhosale of Angel One recommends buying these 2 stocks on Nov. 18
Rajesh Bhosale of Angel One has recommended one auto stock and one hotel stock
 "Rajesh Bhosale of Angel One recommends buying these 2 stocks on Nov. 18")
Ajit Mishra of Religare Broking suggests buying these two stocks on Nov 14
Ajit Mishra gives trading strategy for November 14, recommends buying 2 stocks and selling one futures