Breakout stocks: IDBI, Bandhan Bank, Exide Industries, Finolex Industries and Nava have recently witnessed a breakout on their respective technical charts; here's a strategy to trade.
Reliance Industries, IndiGo, DLF, Ambuja Cements and Shree Cement can potentially rally up to 24 per cent from present levels, suggest technical charts.
Trading strategy in Vedanta as the company battles demerger process, and aims to reward shareholders with regular dividends. Charts hint at up to 24 per cent upside potential for the share price.
Technical charts suggest that share price of ITC Hotels, Indian Hotels, Taj GVK, Lemon Tree and Chalet Hotels could see up to 20 per cent upside from here.
Technical charts show that alcohol and tobacco-related stocks such as ITC, VST Industries and United Spirits seem to be unfavourably placed, and could fall up to 18 per cent from here.
Stocks such as Maruti Suzuki, TVS Motor, Blue Star, Johnson Controls and JK Cement can rally up to 26% as the government plans 2-tier GST reforms ahead of Diwali 2025.
Gold loan companies stocks in focus: Muthoot Finance, Manappuram Finance can rally up to 19%; while IIFL Finance faces a 9% downside risk; suggests technical charts.
Technical charts show that Dixon Technologies, Kirloskar Oil Engines, Metropolis Healthcare and RHI Magnesita have witnessed a 'Golden Crossover', hence are likely to see upside in the near-term.
Paytm stock has rallied 66 per cent in the last six months, and is now seen trading near the major hurdle, hence technically some consolidation at current levels cannot be ruled out.
MSCI Global Standard Index Inclusion: Swiggy, Vishal Mega Mart, Hitachi Energy and Waaree Energies look favourably placed on charts; may see up to 29 per cent upside form here.
These three rate-sensitive stocks across auto, bank and realty sectors can potentially rally up to 20% in the near-term, suggest technical charts.
Stocks under ₹50: Motherson Sumi, Den Networks, Oswal Greentech, Mirc Electronics and Ambica Agarbathies can potentially zoom up to 46% from here, hint technical charts.
ITC vs HUL stock: HUL seems technically favourably placed as per the strength shown by the momentum oscillators; the stock also witnessed a 'Golden Crossover' recently, shows the daily chart.
DMart, Larsen & Toubro, Mphasis, General Insurance Company, Godawari Power (GPIL) and New India Assurance (NIACL) across market categories look favourably placed on technical charts.
Technical charts show that the bias at the Larsen & Toubro counter is likely to remain positive as long as the stock trades above ₹3,437 levels.
Technical analysis shows that DLF and Sobha are relatively better-placed on charts compared to other realty stocks; here are the key levels to track on these 2 shares.
TCS on Monday was seen trading below the monthly super trend line support for the first time since July 2009. The next stop could be the 100-MMA, hints the technical charts.
NMDC, Godrej Agrovet, Amara Raja Energy and Concord Biotech witnessed a breakout on the daily chart in recent trading sessions; here's a likely technical outlook for these 4 stocks.
Infosys stock needs to trade consistently above its 20-DMA for the short-term bias to turn favourable; on the upside the stock can potentially jump to ₹1,707 levels, indicates technical chart.
Delhivery, Tata Chemicals and Indigo are among the top stocks to buy today, says Chandan Taparia