Except Jindal Stainless, other metal stocks require to cross key barrier to rally forward
Selective automobile stocks may soar up to 15%, show charts
Sell the Nifty Pharma index and its constituents and book profits, as the index has been underperforming in recent days
The Nifty Auto index is expected to underperform in the near future, and the current rally provides an opportune moment to sell the index and its constituents
On the downside, 18,100 is expected to provide support in Nifty
Technically, State Bank of India's shares are well placed above the breakout mark of Rs 565 from a short-term to medium-term perspective.
The stock of Bank of Baroda is on the verge of breaking out from the symmetrical triangle
Technical analyst Ravi Nathani says the best trading strategy for near-term traders would be to sell Nifty Bank on rallies, with a stop-loss of 41,364
Shares of Power Grid Corporation of India, GAIL (India) , Linde India, Symphony and Tech Mahindra may rise up to 14%, as per their respective technical charts
BATA INDIA has been correcting from 1,950 without any meaningful bounce
The primary trend of the stock is bullish as it trades above its 50, 100 and 200 day-EMA
The stock price of Indraprastha Gas (IGL) has been taking support at 200 day EMA since January 2023
As per the technical analyst, the Budget session high of 17,973 and low of 17,353 have become crucial levels to watch out for any directional move in the Nifty index
On the daily scale, Bajaj Finance is witnessing a fresh breakout which indicates a short term reversal
Stocks to Watch today: Stock exchanges BSE and NSE on Monday revised the circuit limits for three Adani group companies - Adani Total Gas, Adani Transmission, and Adani Green Energy - from 20% to 10%
Sustainable level above 18,201 could result in to momentum buying in the coming sessions, which could take Nifty towards next resistance of 18,500
As per the technical analyst, the best trading strategy for traders would be to buy Nifty IT either at the current market price or at dips, with a target of 31,500
The best trading strategy Nifty Auto index would be to sell near resistance levels until we get close above new high
Stocks to watch today: Sebi has acceded to the central government's request to reclassify its shareholding in IDBI Bank after its disinvestment as "public holding"
Right from the month of April 2022; VOLTAS has been trading in a strong corrective mode and has come down from 1300 mark towards 850 mark