Page 22 - Nifty Outlook

Nifty headed for upside target of 16,000: Vinay Rajani of HDFC Securities

Momentum indicators are in favour of bulls

Stock picks by HDFC Securities: Buy Adani Ports, Tata Communications

The Nifty has recently made higher bottoms at 14,416, 14,591, and 14,884 and continues to trade above the 20 and 50-day SMA, which gives further evidence of an uptrend

Sameet Chavan of Angel Broking expects Nifty to hit 15,600 soon

On the flipside, 15,300 - 15,150 - 15,000 are to be considered as immediate supports.

Nifty remains in an intermediate uptrend: Subash Gangadharan of HDFC Sec

Nifty has recently made higher bottoms at 14,416 and 14,591 and continues to trade above the 20 and 50-day SMA

Nifty outlook & stock picks by Sameet Chavan: Buy Piramal Entp, Jamna Auto

Looking at the broad-based participation on Friday, especially the way banking space is poised, we will not be surprised to see the index heading towards record its high in the first half of this week

Nifty outlook & trading ideas by Gaurav Garg of CapitalVia Global Research

Traders should try to create short position keeping close eye on 15,200

Nifty outlook & trading ideas by HDFC Sec: Buy Berger Paints, ICICI Bank

The immediate target for the Nifty50 index is seen above the all-time high of 15,432 odd levels

Stock picks by Sameet Chavan: Buy ITC, sell Dr Lal PathLabs

Dr Lal PathLabs' stock seems to have lost its sheen now as we are seeing consistent corrective moves over the past few weeks

Nifty eyeing fresh breakout from consolidation phase: Vinay Rajani

Confirmation of breakout in Nifty would come, once it sustains above 15,000 levels

Nifty close below 14,416 would be bearish for short-term: Vinay Rajani

Below 14,416, Nifty could slide towards next support of 14,150

Nifty outlook & stock picks by Gaurav Garg: Buy Quess Corp, Coromandel Intl

Quess Corp's stock is forming bullish flag pattern on daily charts

Nifty outlook and trading ideas by HDFC Sec: Buy SBI, Glenmark Pharma

On Tuesday, the stock of SBI has given breakout from the downward sloping trend line

Exit trading longs below 14,190 in Nifty: Vinay Rajani, HDFC Securities

The sustained level below 14,190 could drag Nifty towards 13,600-odd levels

Stock picks by Sameet Chavan: Buy Strides Pharma, sell Grasim

We finally witnessed a decisive price and volume breakout from the recent congestion zone in Strides Pharma

Foreign brokerages temper return expectation from Indian equities

Goldman Sachs analysts now see the Nifty at 16,300 levels in 12 months (16,500 earlier). However, they have retained their 'overweight' stance on India for now

Nifty pullback can extend till 14,700: Vinay Rajani of HDFC Securities

Longs should be protected with the stoploss of 14,275 in Nifty

Nifty outlook and stock picks by Sameet Chavan: Buy Balrampur Chini, Pfizer

The deciding factor in days to come has to be the financial space

'Nifty's direction will be clear once it breaks the range of 14,500-14,800'

It is better to take stock-specific approach as the Nifty index is likely to remain choppy. Midcap and Smallcap Indices are expected to outperform

Stock picks by Sameet Chavan: Buy Happiest Minds, Prakash Industries

The recent price chart displays a 'Bullish Flag' breakout in Happiest Minds' stock

Nifty's short-term trend has turned bullish: Nandish Shah of HDFC Sec

Oscillators like RSI and MFI have broken out from the downward slopping trendline, indicating strength in Nifty's current rally