The stock price of M&M has broken out on the daily chart where it closed at highest level since 22-Sept 2022
The stock price has broken out on the daily chart with higher volumes, where it closed at the highest level since November 2021
Recently the stock of INDUSINDBK surged from the zone of Rs 800 towards Rs 1,100 mark without any meaningful correction. This indicates possibility of some profit booking
The stock of RVNL has confirmed a range breakout above Rs 32.50-mark. he stock has potential to test Rs 35-mark in the coming sessions
M&M closed with a bullish engulfing pattern on the daily chart with a jump in volumes
The technical analyst from HDFC Securities said traders should wait for correction to enter fresh longs on the Nifty index.
The technical analyst from Anand Rathi advises traders to buy MTAR Tech near Rs 1,300 for an upside target of Rs 1,500 in the coming weeks.
While the stock of max Financial Services has confirmed a major range breakout above 850-mark, the stock of IRCTC is in oversold zone, says Mehul Kothari of Anand Rathi
The technical analyst from HDFC Securities recommends buying Transport Corporation of India basis charts
According to the technical analyst, MCX India has a classic setup, precise Bullish BAT pattern on the daily chart with N-wave completed near the potential reversal zone.
According to technical analyst from HDFC Securities, Chalet Hotels is trying to find support at 50 days EMA, whereas, UTI AMC has formed a bullish 'hammer' candlestick pattern on the chart.
According to the technical analyst from Anand Rathi, it is a good time to buy HUL as the stock recently retested its 200-WMA after a gap of 10 - 12 years.
Despite the market volatility, the stock of JINDAL STEEL has been doing really well recently
The positional trend for the metal Index has been bullish
It would be advisable to trade longs with trailing stop loss. Support for the index is seen at 15,800.
Mehul Kothari of Anand Rathi recommends accumulating Wipro as it nears 560-570-mark
The stock of Axis Bank underwent some profit booking and almost retested that breakout zone
Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent from the top and is now hovering near 1200-mark
The stock price of Marico has broken out from the flag pattern on the daily chart
According to Mehul Kothari of Anand Rathi, traders can buy Avenue Supermarts near the 4,150-mark with a stop loss of 3,950 for upside target of 4,550 in 3-5 weeks.