Hindustan Petroleum has seen a strong closing in the last trading session and is currently hovering between its short and medium exponential moving averages on the daily chart
Bharti Airtel has been trading in the consolidation range for the last two months after retesting the major support zone around Rs 520 levels
ITC has certainly provided a trend line breakout on all time frames and is anticipated to surge higher
It would be very important for the banking index to surpass the 36,000 mark to push the benchmark to new highs
Hero MotoCorp's stock has broken down below the last six week's price consolidation
Bandhan Bank has been trading in a steady downtrend and is facing selling pressure on every rise
After a decent correction from the peak level, Wockhardt stock has bottomed out near Rs 520 zone
Berger Paints after the recent up move has been consolidating in a narrow range around its record high
Cadila Healthcare's stock has taken base near Rs 600 levels on two occasions recently, forming a good support zone
Motherson Sumi's stock has seen some buying interest in the past trading sessions and settled well above all its major moving averages on the daily time frame
Voltas stock is consolidating near the neckline of the Inverted Head & Shoulder pattern on the daily time frame and is expected to rebound from here onwards
MGL witnessed a fresh breakout from the consolidation range on June 15 and made new record highs as well
PowerGrid has witnessed a breakout and is placed at its lifetime high zone, indicating inherent strength in the counter
The stock of Tata Chemicals has maintained a good support base near Rs 690 levels and picked up momentum currently
Analysts expect SBI Life stock to outperform peers over the next one-two years, riding on the stock growth prospects for the sector
HEG stock after trading with a strong uptrend recently underwent some consolidation
Off late, the private banks have underperformed but they are showing signs of base formation
While rising Covid cases pose some near-term risks to revival in financials, analysts remain unfazed as they see IRCTC as a long-term bet
Formerly, known as Tata Global Beverages, Tata Consumer is currently undergoing a transformation to become a multi-category FMCG company from a food and beverage (F&B) company
Support for the Nifty is seen at 14,500 and with that as a stop loss, traders should remain bullish