Page 62 - Market Technicals

Nifty trapped in 19,300-19,800 range; Bias posiitve Bank Nifty above 43,600

According to Ravi Nathani, an independent technical analyst, Traders can either await a decisive breakout or opt for a riskier approach by shorting near the upper consolidation boundary.

Nifty Pharma, Nifty Auto: Check these key levels for your trading strategy

The prevailing bias suggests a positive outlook, emphasizing a buy-on-dips strategy for Nifty Auto and its components, said Ravi Nathani

Buy Max Financial Services October Futures, suggests HDFC Securities

RSI Oscillators is sloping upwards and placed above 50 on the daily chart, indicating strength in the stock, says Nandish Shah

Sell Nifty PSU Bank on rise; buying opportunity in Nifty FMCG at this level

According to Ravi Nathani, traders eyeing Nifty FMCG index might find value in purchasing when the index nears the lower limit of its current range

Paytm, Sun Tv, Prestige: 5 stocks where the momentum has turned favourable

Among the key momentum oscillators, the 14-day RSI, MACD and Stochastic Slow on selective basis have turned positive for these five stocks.

Nifty Financial, Nifty Private Bank: Wait for these breakouts for direction

According to Ravi Nathani, initiating trades before the breakout occurs is laden with risk, traders should act once the breakout signals the market's chosen direction

Nifty struggling to cross 20-DEMA; UCO Bank, Lemon Tree top technical picks

As per Vinay Rajani, Nifty's 20 DEMA is placed at 19,700 odd levels. A sustainable level above this could result in a bullish trend reversal in Nifty

Nifty50, Bank Nifty: Buy when the indices approach these support levels

According to Ravi Nathani, caution is paramount as the Nifty index teeters precariously near a significant support level at 19,600

Trading strategies for stocks that doubled your money in 2023

1 out of every 25 shares from the Nifty 500 index has more-than-doubled investors wealth in 2023 so far, with Apar Industries, Mazagon Dock and JBM Auto as the top movers.

Option Trading Strategy: Bear Spread on Nifty for 12-Oct expiry; here's why

Buy Nifty 19500 Put option and simultaneously Sell 19300 Put of the 12-October expiry, recommends Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.

Nifty Energy index awaits breakout; Auto looks weak on charts

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index seems trapped in the 26,975 - 27,350 trading range.

Nifty Metal, Pharma: Trading strategies for these 2 sectoral indices

According to Ravi Nathani, an independent technical analyst, the Nifty Metal index seems to be trading in a range-bound manner, with a negative bias; whereas, the outlook seems positive for the Pharma

Britannia, CDSL, Polyplex among 5 low-risk stocks to add to your portfolio

Data Patterns (India) and Godfrey Phillips are the other two stocks which seem to be favourably placed on the charts, thus making a case for lower-risk at current levels.

Nifty needs to sustain above 19,550 for bullish bias to hold

Among individual stocks, Vinay Rajani, technical & derivative analyst of HDFC Securities, recommends a Buy on Union Bank and GSFC.

Buy the dips in Nifty FMCG, Financials; here's why

According to Ravi Nathani, an independent technical analyst, the 'buy the dips' strategy seems particularly relevant in the current market conditions.

Nifty Pvt, PSU Bank indices: What should be your trading strategy here?

According to Ravi Nathani, an independent technical analyst, one should adopt a 'Buy on Dips' strategy for Nifty Private Bank index, while a 'Sell on Rise' strategy in case of the PSU Bank index.

Bajaj Finance, SBI, Inox Green: Trading strategies for stocks in news

Among the stocks in focus on Monday, Shree Renuka Sugars looks strong on charts, while Inox Green Energy seems weak.

Pivot level for Nifty stands at 19,336, near support seen at 19,600

According to Ravi Nathani, an independent technical analyst, break of 19,336 on the Nifty could usher in a bearish trend.

Nifty FMCG, PSU Bank indices: Near-term trading strategies

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index seems range-bound, while one can adopt a 'sell on rise' strategy for the PSU Bank index.

Nifty Pvt Bank index to remain bullish as long as it holds 22,770

According to Ravi Nathani, an independent technical analyst, the interim support levels for the private bank index are placed at 23,420, 23,120, 22,900.