Page 30 - Stock Calls

Gold trading strategy: Support seen at Rs 73,000; Resistance at Rs 75,200

After consolidating in the $2470-$2530 range for nearly three weeks, spot gold rallied to a fresh record high of $2555 on Thursday.

Bull spread strategy recommended for Nifty Bank by HDFC Securities today

Short covering is seen in the Bank Nifty Futures, where we have seen 9 per cent fall in the open interest with Bank Nifty rising by 1.49 per cent.

How to trade oil futures amid weak demand, Hurricane Francine? Outlook here

Crude oil strategy, Sept 12: WTI crude oil rice may fall to $65 in medium-term

Auto stocks may see fresh sell-off if Nifty Auto breaks 25,150, show charts

Traders should closely monitor this level, as any breach could lead to further downside, and the market might see a sell-off in auto stocks.

Ajit Mishra of Religare Broking recommends buying these stocks on Sept 12

We are seeing noticeable traction in the FMCG counters and ITC is trading in sync with the move. It has formed a buying pivot, after registering a breakout from bullish continuation pattern.

Silver trading strategy today: Buying on dips suggested; Resistance at $30

Spot silver was steady around $28.30 at the time of the MCX closing. The MCX December silver contract at Rs 73,700 was up around 0.07 per cent.

Chandan Taparia of MOFSL recommends buying these stock on September 11

PI Industries is in a strong uptrend and holding the gains at higher zones.

Gold trading strategy today: Resistance at $2,550; Support at $2,446

Spot gold was trading with a gain of around 0.20 per cent at $2514 at the time of the MCX closing. The MCX October gold contract at Rs 71,903 (LTP) was up 0.38 per cent.

Here's how to trade Nifty Bank, Private Bank today; key levels here

The Nifty Bank Index is currently range-bound between the levels of 51,375 and 51,175. A breakout or breakdown from this range will likely trigger momentum in the respective direction.

Crude Oil Strategy today: Check target price, resistance & other key levels

Oil prices showed marginal recovery on Monday to settle a per cent up at $68.71, following its worst weekly fall since October 2023 as WTI fell 8 per cent and Brent was down 10 per cent.

SBI Card, Laxmi Organic and GAEL among top bets by Jigar S Patel for today

Over the past 7-8 weeks, Laxmi Organic Industries has been trading within a relatively narrow range of approximately Rs 235-270, indicating a period of consolidation.

Buy on dips strategy suggested for Nifty; Check support & other levels here

The recent correction in the Nifty 50 index should be seen as a pullback within an overall bullish trend on short-term charts. The best trading strategy for both traders & investors is to buy on dips.

Nandish Shah of HDFC Sec recommends 'Bull Spread' strategy on M&M Finance

Long build up is seen in the M&M Finance futures during the September series till now where we have seen 7 per cent rise in 'Open' interest with price rising by 5 per cent

Nifty IT faces resistance at 43,200; should you book profits on rise?

The Nifty IT Index is currently displaying signs of nearing a critical resistance level. The immediate resistance level to watch is 43,200

Biocon, PFC, Chambal Fert; top picks by Ajit Mishra of Religare Broking

The pharma sector is showing notable resilience, with Biocon taking the lead. The stock has broken out from a bullish rectangle pattern, accompanied by a strong surge in volumes

These are top three stocks recommended by Chandan Taparia of MOFSL

ICICI Prudential has formed an Ascending Triangle with a Breakout near the ATH Price on daily chart indicating buyers are squeezing out the sellers and are ready for a bullish move

Trading Strategy: Nifty PSU Bank, Private Bank eye breakout; key levels

The Nifty PSU Banks Index is currently range-bound, oscillating between the levels of 7,090 and 6,910. This indicates a phase of consolidation, where the index lacks clear direction

Stocks to Buy: CEAT, Star Health are top picks of Vinay Rajani of HDFC Sec

CEAT is on the verge of breaking out from inverted head and shoulder pattern on the daily chart. Price rise was accompanied by healthy volumes

Jigar S Patel of Anand Rathi suggests buying these three stocks today

Recently, Allcargo Logistics has formed a bullish Bat pattern, which is a harmonic chart pattern known for indicating potential reversals.

Nifty Financial Services shows bullish trend in near-term; details here

For near-term traders, the optimal strategy is to book profits at current levels, given the proximity to resistance.