Page 24 - Stock Calls
Nifty Energy, FMCG indices shows signs of consolidation; key levels here
The Nifty Energy Index is currently in an oversold zone, as suggested by technical indicators like the MACD and RSI.
 "Nifty Energy, FMCG indices shows signs of consolidation; key levels here")
Ajit Mishra of Religare Broking suggests buying this stock on October 24
Markets remained volatile and ended slightly lower, taking a breather after Tuesday's decline
 "Ajit Mishra of Religare Broking suggests buying this stock on October 24")
Nifty Pvt Bank, Auto indices: Check resistance, support & other key levels
The Nifty Private Banks Index is currently experiencing a downward trend, supported by short-term moving averages, all of which are sloping downwards
Gold rate today: US election, Brics, Mid East war may take gold to Rs 80200
Gold rate today: As gold prices are expected to be highly volatile, especially due to Brics headlines, buying the dips is the preferred strategy
 "Gold rate today: US election, Brics, Mid East war may take gold to Rs 80200")
Silver rate today: White metal has resistance at Rs 1,06,000; strategy here
Silver rate today: Unless we see a sharp decline in gold or copper prices, silver is likely to trade with a bullish bias
 "Silver rate today: White metal has resistance at Rs 1,06,000; strategy here")
Nifty IT shows bearish signals with room for more corrections; details
The Nifty IT Index has shown signs of weakness, recently experiencing a breakdown on the charts.
 "Nifty IT shows bearish signals with room for more corrections; details")
Chandan Taparia of MOFSL recommends buying these two stocks today
City Union Bank stock opened with a gap up and sustained its bullish strength which suggests strong bullish sentiment.
 "Chandan Taparia of MOFSL recommends buying these two stocks today")
Nifty Fin Services, PSU Bank: Check support, resistance & other key levels
The Nifty Financial Services Index has recently shown a positive breakout from its consolidation phase, with a strong close above 23,911.
Buy on dips advised for Nifty50 as index moves into this key tech formation
The Nifty 50 Index appears to be approaching a bottom formation in the near term, signaling that a further downside move seems unlikely
 "Buy on dips advised for Nifty50 as index moves into this key tech formation")
Jigar S Patel of Anand Rathi recommends buying these three stocks on Oct 21
BEML Ltd. has recently formed a triple bottom pattern near its 200-day Exponential Moving Average (DEMA), indicating strong support at this level
 "Jigar S Patel of Anand Rathi recommends buying these three stocks on Oct 21")
Tube Investments, HDFC Life; top stock picks by Rajesh Bhosale of Angel One
HDFC Life had already shown a bullish breakout on the weekly chart but consolidated within a rangedue to subdued market conditions
 "Tube Investments, HDFC Life; top stock picks by Rajesh Bhosale of Angel One")
Gold may continue to trade with positive bias; Buying dips best strategy
Presently, gold is not affected by the traditional drivers. Traders are focusing rather on uncertainties over the US Presidential election outcome and possibility of resurgence of inflation in
 "Gold may continue to trade with positive bias; Buying dips best strategy")
Silver may get dragged down with industrial metals; Dip buying preferred
Silver is expected to trade with a positive bias in near-term on the US presidential election uncertainties, healthy ETF inflows, and strong demand in India amid geopolitical tensions
 "Silver may get dragged down with industrial metals; Dip buying preferred")
Nandish Shah of HDFC Sec suggests 'Bear Spread' strategy on Bank Nifty
Short build up is seen in the Bank Nifty Futures, where we have seen 6 per cent rise in the open interest with Bank Nifty falling by 1 per cent.
 "Nandish Shah of HDFC Sec suggests 'Bear Spread' strategy on Bank Nifty")
Nifty Metal, FMCG approaching key support levels; trading strategy here
The Nifty Metal Index has been experiencing a downward trend in the near term, as indicated by the recent sharp correction.
 "Nifty Metal, FMCG approaching key support levels; trading strategy here")
Crude Oil: Here's your trading strategy for October 17; target price & more
Crude oil prices have been steadier on Thursday around $70.50/b in Asian hours, ahead of the weekly EIA inventory release from the US.
 "Crude Oil: Here's your trading strategy for October 17; target price & more")
Nifty Auto, Energy indices: Buy on dips suggested; check key levels here
The Nifty Auto Index is currently positioned at a key juncture on the charts, presenting an opportunity for traders to buy on dips.
Gold price today: Trading strategy for yellow metal ahead of China stimulus
If China's stimulus details prove to be convincing to investor community, it is highly likely that gold prices may come under increased downside pressure
Chandan Taparia of MOFSL recommends buying these three stocks on Oct 16
Oberoi Realty has broken out of a consolidation zone and is headed up with higher-than-average buying volumes
 "Chandan Taparia of MOFSL recommends buying these three stocks on Oct 16")
Vijaya Diagnostic, Mastek; top technical bets by Vinay Rajani of HDFC Sec
Vijaya Diagnostic is placed above all important moving averages. Stock has entered in to bullish momentum zone
 "Vijaya Diagnostic, Mastek; top technical bets by Vinay Rajani of HDFC Sec")
