Page 56 - Market Technicals

F&O strategy: Bull spread on McDowell for the February series

Nandish Shah of HDFC Securities recommends to Buy McDowell 1150 CALL and simultaneously Sell 1200 CALL of the February expiry.

Nifty Energy to face stiff resistance at 40,000; Pharma seems range-bound

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is trading in overbought zone, hence some reversal can be anticipated.

Nifty IT, Auto: Key levels to watch out for on these two indices

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is likely to face stiff resistance between 38,000 - 38,125.

Here's how to plan your trades in Nifty IT, Auto indices

According to Ravi Nathani, an independent technical analyst, the Nifty IT index seems range-bound on charts, while auto in a declining trend.

Nifty Smallcap 250 index tests 50-DMA. Is there more room for downside?

The index had slipped below the 50-DMA back in November 2023, too, but recovered.

Trading strategies for Nifty PSU, Private Banks & Financial indices

According to Ravi Nathani, an independent technical analyst, the Nifty Financial Index seems to be in a discernible downtrend.

NTPC, Gail: How to trade these 5 stocks that turned ex-dividend this week?

As many as 49 stocks turned ex-dividend on the bourses this week. Here's a quick chart check on select five among them.

Will ITC break Rs 400-mark as BAT mulls stake sale? Here's what chart say

Technically, the stock seems placed unfavourably on multiple parameters. However, a pullback cannot be ruled out, as it trades in oversold zone too.

F&O strategy: Bull spread on Bank Nifty for the weekly expiry

Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 45000 PUT and simultaneously sell 44500 PUT of the 14-Feb expiry.

Divergent trend seen in Nifty FMCG, Metal and Realty; check key levels

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG exudes a bullish short-term trend; while the Metal and Realty indices suggests a sell strategy.

Nifty Energy, Pharma: Trading strategies for indices in overbought zone

A trade below 37,968 could prompt a stop-loss trigger for bullish positions on the Nifty Energy index, says Ravi Nathani, an independent technical analyst.

These stocks command market-cap of over Rs 15 trn each. Can they rise more?

As per the technical charts, Reliance and TCS seem placed favourably on the charts; hence, the stocks could see further gains in the coming trading sessions.

Nifty IT, Auto Indices: Look bullish on charts, await dips to enter

According to Ravi Nathani, an independent technical analyst, the Nifty IT index may face resistance around 38,380 and 39,360; while hurdle for the Auto index is placed at 20,450.

Should you buy or sell Nifty PSU or Pvt Banks? Here's what charts recommend

According to Ravi Nathani, an independent technical analyst, the Nifty PSU index is current exhibiting a range-bound pattern; whereas Pvt Bank seems weak.

IOC, BPCL, HPCL: OMCs shares on fire post Interim Budget; check key levels

IOC is likely to trade on a bullish note as long as the stock sustains above Rs 165, suggests the daily chart.

Nifty, Bank Nifty: Wait for confirmed breakout from trading range

According to Ravi Nathani, an independent technical analyst, the Nifty is moving in a trading band of 21,650 - 22,000.

Downtrend on charts for Nifty FMCG, Nifty Pharma: Check key levels

The Nifty FMCG Index reveals a near-term downtrend on charts, with a support level expected around 53,725

SBI, BoB, PSB: Track these levels while riding the rally in PSU Banks

The Nifty PSU Bank index was the top performing sector post Interim Budget on Thursday; the index was up almost 12 per cent in the last four days.

IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?

Barring IRFC, RVNL which have rallied sharply in the recent pasts, other rail-related stocks like IRCTC, Titagarh Rail Systems and RailTel could rally up to 23 per cent, suggest charts.

Nifty PSU Bank in correction, Nifty Private Bank facing near-term downturn

The Nifty PSU Bank index is undergoing a correction phase, and a fresh buying momentum is anticipated only if it closes above 6,225, as per Ravi Nathani