Page 31 - Stock Calls

Fortis Health hits 52-week high on plans to buy 32% stake in subsidiary

Fortis Healthcare's stock price today surged after the healthcare company said that it will buy the entire 31.52 per cent stake held by private equity investors in the material wholly owned subsidiary

Broader market shows weakness after action packed August; trading tips here

August was an action-packed month, initially marked by sharp declines as prices corrected from 25,000 to 24,000 in just three days

Nifty50, MidCap Select index hit key resistance; should you book profits?

The Nifty Midcap Select Index has recently approached its resistance level at 13,200. This level is likely to act as a barrier to further upward movement, causing the index to halt its rally

SDBL, Hikal among today's top stock picks by Jigar S Patel of Anand Rathi

Between March 2023 and June 2024, Hikal Limited's stock was in a consolidation phase, trading within a relatively narrow range of Rs 260 to Rs 320

Rajesh Bhosale of Angel One recommends buying these two stocks today

On the weekly chart, UPL has confirmed a bullish reversal pattern known as the 'Inverse Head and Shoulders

Nandish Shah of HDFC Securities recommends Bull Spread on Nifty; details

Buy Nifty (September 5 Expiry) 25,200 Call at Rs 140 & simultaneously sell 25,500 Call at Rs 30.

Nifty FMCG shows signs of near term correction; check key levels here

Support levels are crucial in this corrective phase, and for the Nifty FMCG Index, key support levels are identified at 61,180 and 59,500.

Oil strategy today: WTI crude may test support of $72, MCX Crude 6050

Crude oil trading strategy today, Aug 29: Weakness in the crude crack spread is bearish for oil prices

Borosil Renewables, Laxmi Organics among top picks by Anand Rathi for today

Borosil Renewables has recently experienced a significant price decline after reaching its peak near Rs 573, losing around 87 points, which translates to a 15 per cent drop.

Ajit Mishra of Religare Broking recommends buying these stocks on August 29

PFC has registered a decisive breakout from the intermediate falling resistance trendline with strong volumes.

Bajaj Finserv, Lupin, REC: Top picks by Chandan Taparia of MOFSL for today

Lupin stock has breached its previous ATH price of 10 years on the monthly chart with massive buying volumes which suggests very bullish sentiment.

Vinay Rajani of HDFC Securities suggests buying these stocks on August 28

Trend of the Nifty is bullish and long positions should be held with 24,875 stoploss on closing basis. On the higher side, 25,078, 25,300 and 25,500 are the next resistances.

Nifty Bank & Private Bank: Check support, resistance and other details here

The Nifty Bank Index is currently exhibiting a bullish trend on the charts, suggesting a positive outlook for the near term.

Oil up 3% on Israel-Hezbollah war, Libya oil field closure; how to trade?

Brent crude, WTI oil trading strategy today, Aug 27: We expect oil prices to face immediate resistance of $80 and the rally would find it difficult to sustain above it

Nifty PSU Bank may outperform in near-term; buy on dips strategy advised

The best trading strategy for the Nifty PSU Banks Index would be to adopt a "buy on dips" approach.

Nifty50 key levels to watch: Support at 24,750-24,700, other details here

On the lower end, there has been an ascend to the support zone, starting from 24,750-24,700, followed by 24,650- 24,600 with anticipation of dips auguring well for the bulls.

Apollo Tyres, Axis Bank: Top picks by Osho Krishan of Angel One for Aug 26

Apollo Tyres has recently experienced a notable decrease from its peak of 568 to approximately 200 SMA on the daily time frame chart.

Nifty50 bullish on charts; Breakout above 24,950 may lead to new highs

The Nifty50 Index is currently showcasing a bullish trend on the charts, indicating strong upward momentum in the near-term.

Jigar S Patel of Anand Rathi recommends buying these three stocks on Aug 26

After peaking around the Rs 101 mark in September 2023, the IDFC First Bank stock underwent a significant correction, dropping by 30 points, equivalent to a 29.34 per cent decline from its high.

Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty

Short covering is seen in the Bank Nifty Futures, where we have seen 3 per cent fall in the open interest