Page 31 - Stock Calls

Nifty IT shows bearish trend, Nifty Auto overbought; trading strategy here

The Nifty Auto Index appears overbought on the near-term charts, indicating a potential pullback in the coming sessions, likely after the monthly expiry.

Buy calls are slowly vanishing from the booming stock market of India

The Nifty 200 index is valued at about 24 times its 12-month forward earnings estimates, versus last decade's mean of about 19 times

Gold strategy: Yellow metal may extend its rally; Support at Rs 75,500

Gold hit a fresh record high of $2664 and closed with a hefty gain of 1.09 per cent at $2657.

Here's how to trade Silver on September 25; Check resistance, support here

On Tuesday, silver surged sharply higher on an unexpectedly huge stimulus package announced by China's Central Bank and the Chinese authorities.

Vinay Rajani of HDFC Securities suggests buying these stocks on Sept 25

Nifty has formed a spinning top like pattern on Sept 24 after remaining in a 125 points range. Nifty could now face resistance from 26,250 while 25,611-25,791 band could offer support

Tata Power, Siemens among top bets by Chandan Taparia of MOFSL for today

Tata Power is trading near its all-time high price and given a range breakout on the weekly chart. The ADX indicator has turned up which supports the bullish trend.

Nifty Bank in overbought zone; Pvt Bank on the cusp of breakout; details

The Nifty Bank Index has entered the overbought zone according to technical indicators, signalling a potential near-term correction.

Here's how to trade Nifty Financial Services, PSU Bank indices on Sept 24

The Nifty Financial Services Index has recently approached its resistance level of 25,000, which is a crucial round figure for short-term traders.

Osho Krishan of Angel One recommends buying Marico & JSW Energy on Sept 23

Marico has showcased a strong resurgence from the pivotal support of the previous breakout on the daily time frame chart and has soared to record-high levels.

Sell Nifty50, MidCap Select on the rise; Check support & other levels here

The Nifty 50 Index remains bullish but overbought, indicating a possible near-term correction or profit booking.

Jigar S Patel of Anand Rathi suggests buying these stocks on September 23

Recently, Adani Power broke through a key bearish trendline on the daily chart, suggesting a potential reversal in momentum from its previous downtrend.

Outsized 50-bps Fed rate cut positive for Silver; check trading strategy

Spot silver was extremely volatile in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September 18.

Gold trading strategy today: Resistance at Rs 75,100; Support at Rs 71,800

US yields and the US Dollar Index surged on no recession talks, which sent the yellow metal to $2547 in today's Asian session.

Nifty Pharma, FMCG indices range-bound; Check support and other levels here

The Nifty Pharma Index is currently trading in a defined range between 23,700 and 22,700. This suggests that the market is experiencing indecision, with neither buyers nor sellers dominating.

Crude Oil Strategy Today: Check target price, support & other key levels

With Israel looking to carry out its offensive against Hezbollah to the next level, traders will monitor the evolving situation in Middle East closely for possibility of disruptions to oil supplies.

Nifty Auto, Energy bearish on charts; check key levels and trading strategy

The Nifty Energy Index is showing a bearish trend in the near term, as indicated by multiple technical indicators such as RSI, MACD, and Stochastic, which all suggest further downside movement.

Hero Moto, Cipla, NTPC: Stock picks by Chandan Taparia for today, Sept 18

Stocks to buy today: The stock of Hero MotoCorp has given a range breakout on daily scale with noticeable volumes

Trading Strategy: Nifty Bank, Private Bank show bullish trend; key levels

The Nifty Private Bank Index is currently experiencing a strong bullish trend, with significant gains recorded over the past fortnight

Nifty Financial Services in 'overbought' zone; PSU Bank eyeing pullback

Stock market trading strategy: The NIFTY PSU Bank Index is currently showing a downtrend in the near term, indicating a temporary pullback within its overall long-term bullish trend

Nifty50 index bullish on tech charts; buy dips? Here's what analysts say

The NIFTY 50 index is exhibiting a bullish trend on the charts, making it an attractive option for traders seeking to capitalise on the ongoing upward momentum.