Page 16 - Nifty Outlook

Sell Nifty Private Bank, Financial Service indices on rise, suggest charts

According to Ravi Nathani, an independent technical analyst, the charts are indicating a likely range-bound trade on the Nifty PSU Bank index.

Short-term trend remains bullish for Nifty; resistance likely around 18,500

According to Ravi Nathani, an independent technical analyst, one can look to 'Book Profits on rise' as the Nifty 50 index is expected to face resistance in the 18,450 - 18,500 range.

HDFC Securities recommends Buy on Triveni Engineering, NFL; check why

On the broader market outlook, Vinay Rajani the technical & derivative analyst expects the Nifty to move in the 17,842-176,84 range in the near term.

Indian markets likely to remain range-bound in the near term: Analysts

Rising interest rates, firm crude oil prices and geopolitical concerns, they believe, will keep the sentiment back home in check.

Here's why you should consider selling PSU, Pvt Bank indices on rallies

According to Ravi Nathani, an independent technical analyst, the Nifty Private Bank index can also be sold at current levels, with 21,250 seen as a crucial support for the index.

Chart suggests 'Sell on rise' strategy for Nifty Bank index

According to Ravi Nathani, an independent technical analyst, the Bank Nifty is expected to face resistance around 42,615-42,950-43,600.

Hold longs on Nifty with a stop at 17,500: HDFC Securities

Among individual stocks, Vinay Rajani the technical & derivative analyst recommends to Buy Ircon International and ABFRL.

Pivot point for Nifty stands at 17,858, chart suggests

In case the Nifty faces resistance at 17,858, Ravi Nathani recommends adopting buy on dips strategy with support around 17,610 and lower levels.

HDFC Securities picks two stocks with bullish breakout patterns; Check here

The stock of Bank of Baroda is on the verge of breaking out from the symmetrical triangle

Charts suggest Nifty 50, IT Index may enter consolidation phase

Technical analyst Ravi Nathani expects the NSE benchmark index to consolidate in 17,150 - 17,850 range

Bias for Nifty likely to remain bearish below 17,210: HDFC Securities

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to Buy Mahanagar Gas and Dr.Reddy's Labs.

Nifty showing signs of a trend reversal, says Vinay Rajani

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends a Buy on Coromandel International and Zensar Tech.

Will the markets regain lost glory in March despite volatility?

Despite high volatility in the months of March the Nifty has ended higher in five of the last seven occasions.

Traders should keep a close eye on 17,315 on the Nifty: Ravi Nathani

The technical analyst sees 17,315 as a critical support level for the near term.

Market rebound: Short-covering, or is the worst behind us now?

The weekly F&O data also highlights significant build-up in open interest at the 17,700 Put, suggesting likely support at this level.

Traders can adopt buy on dips strategy on Nifty, Bank Nifty: Ravi Nathani

The technical analyst expects an upside target of 17,800 - 17,900 on the Nifty, with stop loss of 17,400.

Nifty IT, Realty indices look bullish on chart: Ravi Nathani

The technical analyst also expects a pullback in the Nifty Pharma index.

Nifty can tumble over 15% from here on if it breaks 17,300, charts suggest

In the interim, the 200-WMA at 16,975 could be another key level to watch out for, as the Nifty had bounced back from there during the correction in the first half of 2022.

Here's why the Nifty can rally to 18,200; Ravi Nathani explains

According to the technical analyst, the Nifty is in the process of forming an Inverse Head and Shoulder pattern, which is a bullish chart pattern.

Nifty charts suggest upward bias likely in the near-term, says Vinay Rajani

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Poonawala Fincorp and ICICI Bank