Page 65 - Market Technicals

ZEEL, NDTV: Will Zee Entertainment turn multi-bagger post NCLT clearance?

Zee Entertainment hits fresh 52-week high post approval by NCLT

F&O Strategy: Bear spread on Bank Nifty, suggests HDFC Securities

RSI has fallen below benchmark level of 50 for Bank Nifty, indicating a bearish trend, says Nandish Shah of HDFC Securities

Nifty Energy paves way for positive breakout; adopt buy-on-dips strategy

According to Ravi Nathani, an independent technical analyst, charts reveal an encouraging trend for Nifty Energy index, signaling a positive breakout

Mixed trend on charts in rate-sensitive stocks post RBI policy outcome

Trend in rate-sensitive stocks remains mixed, with stocks like Manappuram Finance, M&M and Union Bank of India showing resilient up move, while a few others display fragile outlook

SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy

Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.

Sensex, Nifty remains robust over 50-SMA support, show technical charts

While the trend looks fragile, key supports are continuing to bolster the up move

Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high

OMC stocks are displaying bearish sentiment, if fails to hold key supports then could enter medium-term selling bias.

Sell Nifty50 if it breaches below 19,300; Bias for Bank Nifty bearish

According to Ravi Nathani, an independent technical analyst, a downward correction is likely for Nifty50 if it breaches below 19,300-mark

Bajaj Auto, Hindalco: 5 stocks that you can buy now for the long-term

Bajaj-Auto, HIndalco, Dr. Reddy's Laboratories, NTPC, and IDFC First Bank may rally up to 15 per cent, show technical charts

Nifty Realty may see profit booking; Buy Nifty Infra at support of 5,864

The best trading strategy for Nifty Realty would be to exercise patience and wait for the index to undergo a corrective phase, says Ravi Nathani

D-Mart, HUL: These bull riders have dipped below 200-SMA as markets tumble

Hindustan Unilever to hit new 52-week low if the support of Rs 2,520 is breached

Gold needs to clear this hurdle for sentiment revival, shows chart

The MCX Gold October futures need to overcome the resistance at Rs 59,930, for fresh buying to emerge, indicates technical chart.

Nifty Metal to be range-bound; Pharma index bullish with need for caution

The Nifty Metal index is likely to oscillate between the levels of 6675 and 6580; a pullback should be awaited in Pharma index, says Ravi Nathani

Nifty holding above key DMAs, to make new high on breakout from this hurdle

Nifty is bullish as it has been holding above 20,50 and 100 DMAs, says Vinay Rajani, gives buy calls on Voltamp and Kalyani Steels

Sideways trend in Nifty FMCG, Private Bank index; Check key levels to watch

Nifty Private Bank index to face resistance between 23,550-23,650; Nifty FMCG remains range-bound, says Ravi Nathani

NTPC, Adani Power: Power stocks may surge up to 12% on robust trend

So far this year, NTPC has soared 36 per cent, Torrent Power zoomed 39 per cent and Power Grid Corporation of India advanced 21 per cent. Overall trend in these power stocks continues to remain sturdy

Nifty Financial Services may see correction; PSB index eyes profit booking

Within the range of 19700 to 19425, investors are advised to accumulate the Nifty Financial Services index and its constituents, says Ravi Nathani

Over 75% pharma stocks eye breakout; most may see up to 15% upside

Barring, Pfizer, Gland Pharma, and Laurus Labs, all other constituents of Nifty Pharm Index trade over the 200-day simple moving average (SMA),

Trend bullish for Nifty50, Bank Nifty indices; buy near support levels

Nifty50 and Bank Nifty indices crucial support (immediate) at 19,575 and 45,236; should be bought as the overall trend remains bullish, says Ravi Nathani

How to trade Bajaj Finance and Bajaj Finserv post Q1FY24 earnings?

Trend in Bajaj twins remains sluggish and may slide in bear's grip if key levels are breached