Page 35 - Stock Calls

Nifty IT, Auto eye breakout from range bound pattern; trading strategy here

The Nifty IT Index is oscillating between 38,800 and 38,000. This consolidation indicates that the index is at a pivotal juncture, where a breakout or breakdown will determine its near-term direction

How to trade WTI crude oil amid US recession, Iran-Israel war concerns?

Oil trading strategy, August 6, 2024: Oil prices are expected to remain subdued in short to medium term as demand has deteriorated sharply from Asia and, with the US on the verge of recession

Charts suggest downside for Nifty PSU Bank, Fin Svcs; here's how to trade

The Nifty PSU Banks Index is also showing a downward trend in the near term, with significant support expected at the 6,600 level

Buying ideas for Aug 5: Asian Granito, IDFC First Bank, Borosil Renewables

Asian Tiles has recently confirmed a significant breakout from a long-standing falling trend line, surpassing the Rs 86 mark

Nifty50 trading strategy: Key Support at 24,600, Resistance at 25,000

There have been insignificant alterations to the price action for Nifty, though the overall market breadth turned a bit exhaustive, indicating a sign of caution.

These are top picks by Osho Krishan of Angel One for August 05

IEX witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.

Correction in sight for Nifty 50, MidCap Select; should you buy the dips?

The Nifty 50 Index is currently experiencing a downward trend in the near term, as seen on the charts. Despite this short-term decline, the overall trend remains bullish

Nandish Shah of HDFC Securities recommends Bull Spread on Tata Power

Tata Power stock price has broken out on the daily chart to close at all time high with sharp rise in volumes.

Nifty Commodities shows signs of pullback in near-term; key levels here

The Nifty Commodities Index is showing signs of a potential pullback in the near term, making it a suitable candidate for selling on rises.

How to trade Gold ahead of US Fed outcome today? Check key levels here

Gold trading strategy today, July 31: Unless the US Fed is outrightly dovish, Gold is expected to fall in the coming days. Support for MCX October Gold contract is at Rs 67,600/Rs 66,200

Ajit Mishra from Religare Broking suggests buying these three stocks today

Market reactions to the US Fed meeting outcome will be evident in early trades on Thursday. Indications suggest that the current market tone will persist.

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

The Nifty Energy Index also exhibits a bullish trend on the charts in the near term. However, maintaining a strict stop-loss is essential for all bullish positions.

Trading strategy, July 31: Silver may consolidate gains before Fed outcome

How to trade Silver today: As the markets have already discounted September rate cut by the US Fed, the metal may fall unless the Fed gives clear guidance on possible rate cuts going forward

SRF, BPCL among top picks by Chandan Taparia of MOFSL for July 31

SRF has given trend line breakout on daily chart and holding well above the same.

Nifty Pvt Banks & IT: Check key breakout levels, trading strategies here

The Nifty Pvt Banks Index is currently trading within a defined range of 25,900 to 25,400. A close above or below this range would act as a trigger for a directional move.

Vinay Rajani of HDFC Securities suggests buying these stocks on July 31

JB Chemical's price has surpassed the crucial triple top resistance placed in the range of Rs 1,920-1,930. Stock has broken out from broken out from the consolidation, which held for last four months.

Nifty Fin Services in corrective phase, PSU Banks rangebound; details here

The Nifty Financial Services Index currently shows a downward trend on the charts. Key support levels are anticipated at 23,080, 22,800, and 22,550.

Tata Chemicals, BoB: Top picks by Jatin Gedia of ShareKhan for July 30

The Tata Chemicals stock has found support at the zone of Rs 1,030 - 1,040 which coincides with the 61.82 per cent fibonacci retracement level of the previous rise.

Nifty 50 & Midcap Select: Check support, resistance and other details here

The Nifty 50 Index is on a bullish trajectory with key resistance at 25,050 and 25,336.

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

After reaching a peak near the Rs 101-mark in September 2023, the IDFC First Bank stock experienced a substantial correction of 30 points, translating to a 29.34 per cent decline from its high.