The present scenario hints a strong momentum in the cement stocks, wherein shares of ACC, Grasim and UltraTech Cement are claiming new uncharted territory with firm volumes
According to the technical analyst from Anand Rathi, TATAMTRDVR is strongly poised to surge higher in the near future as the technical chart construes sturdy formation post its gap-up setup
The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the given range
According to the technical analyst from Anand Rathi, after Monday's movement ICICI Bank also looks good on chart for an upside target of Rs 840
Jewellery related stocks have witnessed massive gains since last Dhanteras and continue to trade with a firm bullish bias, indicating more upside for the shares.
Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher
According to the technical analyst from Anand Rathi, both the stocks are placed well on a risk-reward ratio from a short to medium-term perspective
ICICI Bank is trading firmly in overbought condition, while Hindustan Unilever is still not showing signs of any reversal depsite trading in oversold territory
The technical analyst from Religare Broking also recommends to accumulate United Spirits. Check out the range below
The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space
According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels
Reliance needs to sustain above Rs 2,700 for a strong upward momentum, while ICICI Bank seems to be on track to Rs 900 level
Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher
Century Textile and VIP Industries are the two stock recommendations by HDFC Securities
Rossari Biotech has been in a secular uptrend and is placed well above all the major exponential moving averages on the daily charts
Concor has been trading with a corrective bias for the last two months, after making a new record high at Rs 748 levels in June 2021
VOLTAS has seen strong reversal candlestick pattern formation near its 200 DEMA on the daily chart on the back of robust volumes, indicating an early sign of reversal in the counter
The immediate supports for Nifty are placed around 16,600 and 16,500 while the levels to watch on the upside will be 16,800 and then 17,000 mark
Aurobindo Pharma has corrected over 35 per cent from its lifetime high and has plunged below all its major exponential moving averages
Info Edge (Naukri) has finally witnessed a breakout from a broader consolidation range of Rs 4,200-5,600 after spending nearly eight months there